The man who created Android is raising $300 million for startups

Andy Rubin, the creator behind Android that left Google late last year, just raised $242 million for his venture fund Playground Ventures, according to an SEC filing discovered earlier this week by website PE Hub. He hopes to raise $300 million.
Earlier this week it came out that he’d raised $48 million for another fund called Playground Global, which will focus on providing support to young companies creating hardware devices.

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