Besides launching the Search Engine, Network video and innovative product, Alphabet also owns the subordinate business
Google Ventures. Google Ventures set up fund and business in Europe. It invested on the startups in Europe as well.

As reported, Google Ventures did not make a great success in developing business in Europe. As its some investments have
been revoked, its senior management group left the firm as well. Google Ventures will restructure its global investments.

It is reported that there are only two co-founders left in European office of Google Ventures.

One of the founding members of European Google Ventures, Eze Vidra left ventures business and Google, reported Business
Insider.

Vidra made great contribution to its European business. He promoted the Google Shopping in Spain and some other Google
products in other markets. He established the first Google campus in London, British.

Vidra planned to leave Google by the end of 2015. He posted a farewall blog on Christmas Day. However, he did not mention
what he would do next. He claimed that he would focus on the startups. Peter Read, another Google Ventures co-founder for
European business left the company last year. He did not reveal the reason why he left the company.

The Financial Times reported that there were disagreements inside the European business section. Google Ventures only
invested on six projects so far, even though the capital of European ventures reached $ 100 million.

What is more, most of its investments are limited in UK despite it named European fund of Google Ventures.

A few months ago, Google invested on Resolutions Games. However, the investment subject is from American Google fund
instead of its European fund.

It is reported that Google Ventures decided to end its European investment funds. They will be managed by global investment
fund.

The spokesman of Google Ventures claimed that the company will set up a global investment fund in 2016 to bring more
flexibilities for its development.