Google Ventures, Kleiner Perkins Caufield & Byers, and Andreessen Horowitz have partnered on a new program to fund startups that focus on building apps for Google Glass. The program is called Glass Collective. So how does it work?
When a startup wants to pitch an idea that they have for Google Glass, they will pitch to all three of them. If one of the venture capital companies like the idea, then it is likely that all three of them will put money into the venture. This is a great way to support the Google Glass ecosystem.
The startups that are funded will have direct access to Google X, the team that created the original Google Glass prototype. The Google X team is support of the Glass Collective program.
Kleiner Perkins partner John Doerr is interested in Glass applications that is based on healthcare and education, according to VentureBeat. ?I?m quite curious about what will happen with education. I can?t wait to take a pair to [Khan Academy founder] Sal Khan and see what he can do,? said Doerr in the interview.