Venture Capital Head Bill Maris Leaves Google, Alphabet Updates

Google has had an interesting few years, with executive changes, structural reformations and so on going on behind the scenes. Bill Maris, the head of the venture capital arm of Google, has announced that he is leaving his post. This makes Maris the latest in a string of high-profile figures to leave the company, which puts the future of Google in question. To help unravel the mystery that is Google and the Alphabet company, it helps to take a look at some of the latest developments behind the scenes.

GV Managing Partner David Krane will be replacing Maris as head of GV, The Wall Street Journal reports. Krane is also a veteran at Google, which likely means that the venture capital arm of Google is in safe hands. The publisher notes that the announcement follows the departure by CTO Chris Urmson, who is the head of the Google Self-Driving car division.

Maris is responsible for making the venture capital division of Google into one of the most effective of its kind in the industry, thanks to its propensity to rely on accurate data and the seemingly endless support from Google. According to Recode, Maris also helped in other areas of Google, particularly with the formation of the health operation arm Calico.

In other news, a lot has been happening in the Alphabet group, Business Insider reports, including the three antitrust charges that the EU has filed against Google, the shift in its source of revenue from ads to the sale of cloud-based services, getting the services of Diane Greene, and the appointment of Rick Osterloh as head of its hardware division.

It would be safe to say that the Alphabet group is doing just fine, with innovations and developments in its different arms. Despite the setbacks, the enterprise that Google is part of has managed to diversify and move away from its dependence solely on ad revenue.