Microsoft has announced it will be revamping its start-up investments with a new division called Microsoft Ventures. Its goal is to find and invest in companies that can take full advantage of Microsoft's own technology and products.
In a blog post (opens in new tab), Microsoft said that this new division is meant to be a middle ground between Microsoft Accelerator, which helps early stage businesses with tools and consultation assistance, and the company's larger-scale investments and acquisitions.
Microsoft Ventures will begin investing in companies located in San Francisco, Seattle, New York City and Tel Aviv and will expand its efforts in the years to come. Microsoft did not say how much money or how many investments it plans to make per year, but it will have "steady activity over the course of the year".
Finally it seems they undestood investing ONLY on hobbiests/students like they did in the last 4 years does not pay in the short period. That was the one of the reason of wp store failure.
Next move is to DROP the unhappy 30% royalties thy re asking to us (like google and apple, but cmon you are at 1% how can a company invest on wp without some incentives....).
MS must drop any fees to list/sell apps in Windows store. Trying to catch up and close the app gap? Not by charging devs.
We are in two only bró... WP is f..d
Yet they cancel products that could turn a profit for them
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