By Tony Chao Applied Ventures, Investment Director Recently the Applied Ventures team attended VentureScape, the National Venture Capital Association’s premiere annual gathering, and heard from a broad range of voices across the venture capital (VC) value chain on evolving innovation ecosystems. This year’s meeting themes centered on diversity, rise of the “Unicorns” (billion-dollar tech startups), innovations… Read More Looking Back at VentureScape 2015: Change Agents of Innovation
Welcome to the June issue of the NVCA Corporate Venture Connection, our quarterly web magazine focused on delivering insights from the leaders of corporate venture investing. As we begin the summer, we have a terrific issue of The Connection for you. We have an interview with Claudia Fan Munce of IBM where she discusses her long and… Read More Welcome the June Issue of the Corporate Venture Connection
By Evangelos Simoudis The pace of technology innovation is accelerating, from software, big data and Internet to biotechnology and materials. This innovation — along with abundant capital and new methodologies like lean startup — is fueling the global entrepreneurship movement. Large corporations are being disrupted or face the threat of disruption. To address these challenges,… Read More Corporate Venture Capital’s Role in Disruptive Innovation: Introduction
By Evangelos Simoudis A large corporation recently requested my advice on how to set up and structure their venture fund, which they wanted to base in Silicon Valley. This corporation had initially set up a venture fund in the late ‘90s to invest in Internet startups, but by 2002 they closed it down after determining… Read More Corporate Venture Capital’s Role in Disruptive Innovation Part 1: Institutional VC Disruption
By Evangelos Simoudis I started writing this series with the hypothesis that today’s corporations must reinvent the traditional R&D model in their effort to innovate. They must augment their R&D efforts with venture investments, acquisitions, strategic partnerships and startup incubation. Corporate VCs (CVCs) will play a big role in this innovation quest because a CVC… Read More Corporate Venture Capital’s Role in Disruptive Innovation Part 2: Will Big Numbers Result In Big Success This Time?
By Evangelos Simoudis In the first part of the series on corporate venture capital, I explored how the disruption of institutional VCs (IVCs) and the imperative for corporations to innovate provide an opportunity to corporate VCs (CVCs) to make their mark in the startup ecosystem and be viewed as viable and valuable financing sources to… Read More Corporate Venture Capital’s Role in Innovation, Part 3: Setting Up a CVC Organization
By Evangelos Simoudis In the previous post I introduced a five-dimensional framework to employ while setting up a corporate venture group and discussed in detail two of its dimensions: strategy and people. The corporation must establish a long-term strategy for its venture group, and as part of this strategy, it must create a set of… Read More Corporate Venture Capital’s Role in Innovation, Part 4: Completing the Framework