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Microsoft says no to venture investing

Time: 10:59 EST/15:59 GMT | News Source: CNET | Posted By: Robert Stein

Microsoft's strategy toward venture investing these days can be summed up in a word: Don't. After making several venture capital investments in the 1990s, the Redmond, Wash.-based behemoth now largely eschews taking equity stakes in start-ups, according to Dan'l Lewin, corporate vice president of .Net business development at Microsoft and the company's point person in Silicon Valley.

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