<ul><li>Eric Schmidt, former Google chairman, has committed at least $100 million to a startup accelerator called Steel Perlot, which he leads as executive chairman with CEO Michelle Ritter, whom he has been dating.</li><li>Steel Perlot faced financial challenges, with Schmidt's family office, Hillspire LLC, covering payroll and credit card debts.</li><li>Steel Perlot CEO Michelle Ritter claimed the company had multiple backers and industry leaders involved, but Forbes couldn't find evidence of significant funds beyond Schmidt's.</li><li>The startup has invested in various companies, launched new ventures, and made claims of collaborations with institutions like the Bank of England and FIFA.</li></ul>

Former Google CEO launched a $100 million company with his girlfriend; It's not going well

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