Google’s Plan to Engineer the Next Silicon Valleys

The article discusses Google’s Launchpad Accelerator that provides free training and business advice to promising “mature startups.” Google is focusing on helping startups who are about 2 to 3 years old and already have a strong customer base. Since Google does not take an equity stake in the company, Google is free to play the “accelerator game” further down a startup’s evolution. Moreover, Google is expanding this program worldwide in hopes of creating more “Silicon Valleys” abroad. In the past month, 31 companies from 9 countries participated in the 2 week intensive program and around 150 mentors joined in.