Google has a knack of giving the world what it wants, when it wants it, and if the Wall Street Journal is right, Google's next offer to the world will be a massive source of venture capital.
Reportedly, a former business partner with Sergey Brin's wife has been recruited to head up Google's venture capital business.
Bill Maris, currently in his early thirties, started a company with Anne Wojicki (aka Mrs Brin) called Catalytic Health.
Before that Maris, a neuroscience graduate, worked for the Swedish Wallenberg family interests as an investor in high technology companies, and he founded and sold hosting company Burlee.com.
The timing for setting up a new venture fund is excellent, because traditional sources of venture funding start to look problematical as the credit crunch rolls on, and as Google piles up oodles of cash.
A new source of tech-savvy cash for high-tech entrepreneurs is exactly what the world needs at this moment in time.
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