Breaking News: Massimiliano Magrini, Google Italy’s country manager just resigned from the company.
Magrini, who helped the start up of Google in Italy in 2002 after working with Altavista, announced he will start a venture capital fund and a startup incubator.
“I will develop in Italy what venture capitalists are already doing in Usa”.
Joined by 20 other key players in the italian internet tech scene, he aims to bring to Europe a Silicon Valley-like mindset, providing help as well as funding, to very early stage companies.
From the few sentences we could grab he seems quite determined to do so.
“The timing and the place are right. I’m having great feedback from the financial community. I will create a real new Silicon Valley in Milan”.
We will update you on his projects as soon as we have more news.