Confidence bred from success.
Only in the curiously narcissistic and parochial world of venture capital could a firm proclaim itself to be a “radically different kind of venture fund” from its peers partly by dint of having read academic papers that identify where other firms have succeeded in the past, but Google Ventures is nothing if not confident in its abilities.
That confidence extended last year to search engine Google doubling its annual commitment to its independently-managed ventures team, whose staff are not employed…