TechCrunch - GV CEO David Krane at a StrictlyVC Event | TechCrunch
The video transcript discusses the phenomenon of Google employees leaving the company to start their own businesses. It highlights that while this is not a common practice encouraged by Google, it does happen occasionally. The speaker mentions that Google Ventures (GV) sometimes gets involved with these startups, although it is not a standard procedure. The transcript also notes the impressive network of former Google employees who have ventured into startups, some of which have received funding from GV. This indicates a supportive ecosystem for innovation and entrepreneurship within the Google community, even after employees leave the company.
Key Points:
- Google employees occasionally leave to start their own businesses, though it's not actively encouraged.
- Google Ventures sometimes funds these startups, but it's not a common practice.
- There is a strong network of former Google employees involved in startups.
- The trend showcases a supportive ecosystem for innovation within the Google community.
- Some startups by ex-Google employees have received funding from Google Ventures.