Report: Google plans venture capital group, but why?

It's not entirely clear what Google hopes to accomplish through an investment arm. Although the economy is a major worry at the moment, there has been little indication that this has had a damaging impact on the venture capital markets. As such, it's not clear that there is a desperate need for Google's billions to float new ventures. The converse, of course, is that the investments might pay off for Google, but the company doesn't seem to need help in that regard, either.

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