From this perspective, CVC naturally has the capability of differentiation. No matter [whether] it’s minority investment or acquisition, CVC should be thinking from the company’s perspective, being a trusted friend of the company, and provide its resources and expertise to back the company to grow.

The top CVCs recognize the need to deliver on their promises. Some do so by asking two executives to support a portfolio company, one specifically to take their corporate parent’s view in discussions and the other to see how they might best understand and help the portfolio company. Others manage with one, but the key is to under promise and overde

Access to cutting-edge research and business models, support for R&D and M&A teams internally, and financial results from profitable exits means corporate venturing offers plenty to its parent’s C-suite of senior executives to pick what suits them best.

Understanding of the unique and powerful role of CV programs in the corporate innovation portfolio

value delivery) and external (committed/credible investor, value-adding partner with ecosystem vision) positioning and perceptions as there is often a “maturation gap” that the CV team must finesse in the early stages of CV program development. Key message: no “dabbling.”

These leading programs represent a range of sectors, CV models, and approaches and maturity levels—and all line up around Fifth Wave core principles and have these characteristics in common: Experienced CV&I leader, and a team that blends professionals from outside and inside the

If our returns as CVCs exceed the weighted average cost of capital for our parent companies, we have effectively “made money” and also gained valuable intelligence about the larger ecosystem. Internally, I call this “getting paid to learn.”

Upon further investigation, a few distinct features are notable about the [fourth] wave…An increasing number of corporations view corporate venture capital as a key component of their innovation strategy. Specifically, it is part of a broader transition in corporate R&D strategies; shifting away from an exclusively internal effort and towards e

Tony Palcheck, head of Zebra Ventures, for the GCV exits study published in late 2016 said, “The top five companies in the S&P 500 were backed by venture capital investors, and all of them do some type of corporate VC investing. The fact that they are the most valuable companies in the world implies that they know what they are doing from a fin