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News Google Ventures heads to Europe

Discussion in 'Article Discussion' started by Gareth Halfacree, 11 Jul 2014.

  1. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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  2. Star*Dagger

    Star*Dagger New Member

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    Europe uses Euros (though some countries still use their own boutique currencies).

    Also nice to see them go where the real innovation and educated minds are at.
     
  3. mclean007

    mclean007 Officious Bystander

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    What a bizarre comment. First, I don't think you can call British pounds sterling a "boutique currency" - it is one of the most widely traded, stable and widely accepted currencies in the world, behind only the US dollar and the Euro.

    Secondly, what's your point? The Euro is the currency of most of Europe, but that doesn't affect the accuracy of the article. Google is a US headquartered company so accounts and reports in USD. It is natural that its war chest for ventures anywhere in the world would be USD denominated. Those dollars will be converted into Euros or pounds or shekels or whatever else is required for international acquisitions.
     

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