Eric Schmidt nurtures new companies

This isn’t a plotline for a reality show. It’s a business development program offered by Innovation Endeavors, a year-old tech investing firm funded entirely by Eric Schmidt, Google’s executive chairman and former chief executive officer. The fund has already made small investments in 16 companies, helped two of them be acquired, and nearly completed the pilot round of its "Survivor"-esque startup-building program, called Runway.

Douglas MacMillan, Bloomberg Businessweek

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