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Samsung’s $150 million bet to find the next big startup

Samsung’s $150 million bet to find the next big startup

Monday, April 10, 2017, 1:11 PM

Samsung is no stranger to the world of venture capital. But at the beginning of this year, the company underwent a transformation, launching a new $150 million fund to spend on emerging tech startups. Called Samsung NEXT, this new investment vehicle is the result of experimentation by the electronics manufacturer to see if it has what it takes to move fast to “invest and grow.”
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