6 October 2022 | Other

Amazon invests $150 million in outside venture capital funds

Amazon.com Inc. will invest in outside venture capital funds for the first time. On Wednesday, the company said that it plans to give $150 million to firms that support undervalued founders.

The online retailer has expressed its intention to invest in more than 10 funds through 2023. These funds support about 200 companies at the start of their investments.

Nick Komorous, vice president of corporate development, said the company expects a financial payback from the initiative in the future. Also, it is expected to launch the development of new products that will interest customers. In addition, the company hopes for additional capital for those who don't have access.

According to him, Amazon will appoint founders with their own executives and other resources without taking a place on the board of directors. At the same time, the opportunity for direct investment in the future will remain.

Company MarketCheese
Period: 22.07.2025 Expectation: 1545 pips
Buying Tesla shares with target at 332 amid company’s global expansion
Today at 11:05 AM 27
Period: 25.07.2025 Expectation: 800 pips
Ascending channel to limit AUDUSD correction
Today at 10:09 AM 24
Period: 29.08.2025 Expectation: 1000 pips
Selling SPX to 6,170 level
Today at 07:37 AM 24
Gold sell
Period: 21.07.2025 Expectation: 6600 pips
Gold correction looms amid overbought conditions and stronger dollar
Yesterday at 10:58 AM 89
Period: 18.07.2025 Expectation: 1100 pips
Silver prices surge toward $40 level
Yesterday at 10:02 AM 48
Period: 11.07.2025 Expectation: 920 pips
GBPUSD falls as UK GDP unexpectedly shrinks
11 July 2025 64
Go to forecasts