Real estate enters Google's real estate through Google Capital, its investment vehicle, which announced the launch of 50 million dollars at Auction.com, the dynamically growing online real estate transaction platform.
2013, at Auction.com, houses and commercial properties worth 7 billion dollars and now changed hands on its platform. These are investment moves that Google Capital is accustomed to. In particular, it is interested in minority interests in non-listed companies at an advanced stage of development.
In February, he had invested in the online educational platform Renaissance Learning, while previous investments in electronic επενδυτικό οίκο Lending Club και την εταιρεία λογισμικού δημοσκοπήσεων Survey Monkey. Ενα ενδιαφέρον στοιχείο έχει να κάνει με το ότι η ίδια η Goοgle συγκρότησε την εταιρεία Google Capital το 2013, αλλά μόλις τον Φεβρουάριο αποκάλυψε την ύπαρξή της. Οπως αναφέρει η Wall Street Journal, επικαλούμενη έγκυρες πηγές, η μητρική εταιρεία δέσμευσε 300 εκατ. δολάρια για την Goοgle Capital αναφορικά με το τρέχον έτος. Επικεφαλής της έχει τοποθετηθεί ο πρώην επικεφαλής της teamof Google's corporate development, David Lowy. In addition, the Google giant has another investment vehicle, which comes to function in addition to Google Capital. It's called Google Ventures and it works in the form of investment innovation funds. Google Ventures selects early-stage companies and takes minority stakes.
The available funds and in two Google's investment arms come from itself, with no outside investors involved. Finally, regarding the selection of Auction.com for Google Capital's current investment, it is a company founded in 2007. In 2008, private equity funds Stone Point Capital acquired a stake in it. In 2013 there was a discussion in the market and among investors about the intentions of the online real estate platform to go public.
It was prompted by the hiring by Auction.com of the veteran of the high technology Bruce Felt, who took over as its chief financial officer.
Source: kathimerini.gr
