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  • Franziska Scheven
    Eric Schmidt’s Raine-y Day Fund
    Google the word “raine” and you’ll pull up a maker of nylon military field gear, an arcade emulator and an Estonian architect. But Eric Schmidt, Google’s CEO, did not have nylon, arcades or Estonians in mind when he put his money in a company of the same name.
    Franziska Scheven May 25, 2011
    Mobile World Congress 2011

    Eric Schmidt, chairman and chief executive officer of Google Inc., speaks during a keynote address at the Mobile World Congress (MWC) 2011 in Barcelona, Spain, on Tuesday, Feb. 15, 2011. The Mobile World Congress takes place at Fira de Barcelona conference center Feb. 14-17. Photographer: Denis Doyle/Bloomberg *** Local Caption *** Eric Schmidt

    Denis Doyle/Bloomberg

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