Google is also planning to create a new late-stage investment group that Lawee will oversee, the source said. Google has maintained its silence on the issue. Harrison has been involved in Google’s regulatory issues and has completed 70 deals in the company. Harrison is an advisor to Google Ventures. However, source suggest that the late-stage investment group has not been confirmed. “The fund might operate separately from Google Ventures, the company’s nearly four-year old venture division which provides funding for start-up companies”, according to the anonymous source.

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