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by Dwolb
3835 days ago
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I think with any of these sweet deals, founders really need to think, "What's in it for them?" This can help people understand where they might be winning or where they might be losing. For Google, this may be an attempt to grow the overall internet user base in these countries which may be correlated with increases in GOOG's revenue. It could also be that Google would like to arbitrage ideas from one country and apply these ideas to other countries. Either way, it's a great deal that there is no-equity-stake financing with access to free consulting via Google PM's. I'd just always recommend people wishing to take this deal to think hard about what's in it for the other party to foresee any possible risks. |
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> "utilize this mentorship and privileged product access to scale your apps"
> "only mobile app startups in Brazil, India, and Indonesia are eligible"
> "you should be planning to build an Android version of your app."
> "Google Launchpad is Google’s program for startups developing products on Google platforms."
Looks like a play for Google Cloud and Android.