Categories: Tech & Society

Google and Twitter Execs Form VC Fund

A pair of product managers from Google and Twitter are forming a new venture capital firm according a report by Fortune.

One of the two principals is Hunter Walk, who has led product at Google’s YouTube. He also is an active angel investor and was part of the Linden Labs founding team before joining Google in 2003. The other is Satya Patel, who stepped down as Twitter’s VP of product last summer. Patel also is a former Googler — he was senior product manager for AdSense — and spent four years as a venture capitalist with Battery Ventures.

The new firm is called Homebrew, and is raising $25 million for its debut fund. According to documents viewed by Fortune, the investment strategy would be to back technology startups that “enable the people-based economy” for both consumers and enterprises.

The portfolio would be fairly concentrated — fewer than two dozen companies — with around half being incubations and the other half being seed-stage financings.

Team TechPanda

Recent Posts

Bitcoin Surges Revive Old Questions, but Discipline Outshines the Mania

Every time Bitcoin summits a new high price, the collective room does the same dance:…

16 mins ago

Indian space: Private players fuel satellite refueling & earth observation boom

India’s space sector is stepping boldly into a new era, with private players taking center…

6 hours ago

AI’s risk: Big tech’s bold moves, strange missteps & the search for safety

As AI becomes central to search, decision-making, and even creative work, the question isn’t just…

3 days ago

Intelligent cooking robots are here. Will America warm up to them? 

Imagine a kitchen where a robotic arm dices onions, a vision system judges the perfect…

3 days ago

Your next lover might be a bot: Inside the rise of AI porn

Researchers looked at a million ChatGPT interaction logs and concluded that after creative composition, the most popular…

1 week ago

Talk to me, bot: Why AI therapy is both a hug and a hazard

A recent news informs that some therapists are now secretly using ChatGPT during therapy sessions.…

1 week ago