Google's plans to invest more money into startups with VC arm

By Tim Conneally | Published July 31, 2008, 5:00 PM

In mid-2005, Google began experimenting with venture capital investments in startup companies. Now, over three years later, the Wall Street Journal reports the search company has plans to start an arm dedicated only to this kind of investment.

Google's earliest investments were in startups providing unique solutions for connectivity. In July 2005, the company joined Hearst and Goldman Sachs in a $100 million investment in Current Communications, a group working on providing broadband connections over power lines. In 2006, Google invested in Wi-Fi startups FON and Meraki, which both aimed to provide wireless access to communities based upon affordable shared routers -- sort of organically creating a Muni Wi-Fi network.

In early 2007, the Mountain View, Calif. search titan invested undisclosed amounts into small venture firms Seedfund and Erasmic in India.

Corporate entities providing venture capital have a reputation for being fickle, dishing out money in good times and cutting support during the bad. At the turn of the millenium, it was common fortechnology, media, and telecom companies to have investment divisions, but most did not endure.

The Wall Street Journal reports that Google's plans to begin a venture capital arm will be set up by entrepreneur William Maris, who worked on launching a socially-conscious medical company called Catalytic Health with health care analyst Anne Wojcicki. This connection is important, as Wojcicki is the wife of Sergey Brin, Google's co-founder.

The venture capital arm will reportedly be headed by Google's senior vice president of corporate development and chiel legal officer David Drummond. The types of investments the group will focus on is currently undisclosed, but all factors intimate a philanthropic or humanitarian ideal.

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The brightest news in the housing industry is a (patented US. 6,766,282)) web-based "Green" technology for the construction industry. Untapped massisive market awaits.

AccuFrame claims title as ‘Greenest Building System’

Recent economic times have changed the face of housing and the construction industry. Not many areas of the country are insulated from falling home prices and decreasing land values, mixed with increasing costs of fuel, transportation, and materials. Those economic forces combine to make it a really tough business environment for the construction industry.

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Where does the independent home builder or big home contractor go from here?
Is there a way to mitigate these negative economic forces?
What about using Green building alternatives?
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Why is AccuFrame Green the Greenest Building System?

• AccuFrame Green templates are delivered by UPS/FedEx. Our template delivery system is virtually unaffected by rising fuel cost. Or another example, eight thousand AccuFrame homes can be delivered by a single tractor trailer.
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Maybe without even knowing it, perhaps the first to embrace early Green strategies were Egyptian builders, knowing that human manpower and innovation is the most effective way to construct. An onsite construction trend continues in the US housing market and is the most compelling reason why site-built construction is still the most popular method with construction masses (approx. 80% of all US housing starts) because it remains the most flexible and cost effective way to build structures today.


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AccuFrame Green is a production manager’s dream invention. Like Henry Ford’s assembly line contribution to any manufacturing industry, AccuFrame Green combines huge labor savings in the framing process by eliminating the need for highly paid framers, providing easy-to-follow templates for less skilled (lower cost) labor, eliminating material waste through cut lists, and incorporating air-gap insulating properties in the framing process automatically.

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The AccuFrame™ System produces easy to use, visual framing templates using DuPont Tyvek®, the same moisture and tear-resistant housewrap material contractors use everyday. Developed directly from the architect’s CAD drawings, these AccuFrame™ System Tyvek® templates are printed with permanent ink for rough exterior construction use.

Connecting the design phase with the actual building environment is the logical way to reduce waste and rework in the residential construction industry today. Collaboration between the architect, the engineer and “now” the framing crew is done by presenting the information in a clear, easy to use visual format that ensures accuracy and predictability at the framing stage.

Developed digitally from the CAD drawings, framers are provided with wall templates showing exact stud locations. Corners, windows and doors are detailed on the template in industry standard notation using energy saving framing methods. Also included are framing component lengths for exact rough openings, a complete bill of materials, and a cut list. The templates are stapled to the top and bottom plates simultaneously for an accurate and expeditious layout. The framing crew locates each framing member based on the template location.

AccuFrame™ is not only the ultimate building document, it is a contractors “must-have” for energy savings, accuracy, waste elimination and speed in housing production.
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