Re:Google Maps On Mobile Gets Uber Integration
by ignostic on Tuesday May 06, 2014 @12:32PM
(#7705469)
I did not see that coming - does anyone know whether money changed hands here? It'll be interesting to see how Lyft and others respond.
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Re:Google Maps On Mobile Gets Uber Integration
by mindotus on Tuesday May 06, 2014 @12:43PM
(#7705550)
Google Ventures is an investor.
Re:Google Maps On Mobile Gets Uber Integration
by maxmcd on Tuesday May 06, 2014 @12:45PM
(#7705563)
Yes, but as mentioned in the article:
"Google always maintains its venture arm operates independently from the rest of the organization"
Are there other examples of something like this happening to a GV backed company?
Re:Google Maps On Mobile Gets Uber Integration
by aetherson on Tuesday May 06, 2014 @02:24PM
(#7706225)
I'm sure that the venture arm operates independently of main Google -- but it's not like the folks at Google Maps are somehow unaware of the fact that GV sunk a quarter-billion into Uber.
And Uber is one of the, if not THE, biggest investments GV has made. They have $1.5 billion in assets, according to Wikipedia (http://en.wikipedia.org/wiki/Google_Ventures). So 1/6th of all their assets is Uber. Which means that asking whether other GV-invested companies have experienced easier Google integrations is not all that meaningful -- Uber is an outlier.