Published on 17 Nov 2022 on Insider Monkey via Yahoo Finance
In this article, we discuss the top 15 companies in Alphabet Inc (GOOGL)’s investment portfolio. If you want to see more names in this portfolio, check out Alphabet Inc (GOOGL) Investment Portfolio: Top 5 Companies.
GV, previously named Google Ventures, is the venture capital investment arm of Alphabet Inc. (NASDAQ:GOOG), which was founded in 2009 by Bill Maris. GV provides seed, venture, and growth stage funding to startups in the Internet, software, life science, healthcare, artificial intelligence, transportation, cyber security, and agriculture sectors.
Though tech companies like Alphabet Inc. (NASDAQ:GOOG) have well-rounded investment divisions, others may not be as committed to their venture arms. With a US recession on the horizon, some venture capitalists are hesitant to keep pouring into startups while their own revenues and profits are dwindling.