Reuters - General Motors to Exit One of its VC Investments
General Motors Co. will soon exit one of its venture capital unit's investments, either through an initial public offering or the acquisition of that company by another, Reuters reported. GM started its venture capital unit more than two years ago with a $200 million budget to invest in start-up companies with promising auto-related technologies. GM Ventures no longer provides details on how many companies it has invested in or how much it has spent.
15 November 2012•3 mins read
