On November 9, 2014, the NVCA Corporate Venture Group held its Fall Summit in Huntington Beach, CA. The event kicked off on the evening of November 5th with an ocean side reception, where we welcomed over 90 guests representing 70 different organizations. The Corporate Venture Summit began in earnest the next morning with opening remarks from Mary Kay James, Managing Director of DuPont Ventures and NVCA Corporate Venture Group Chair. Bobby Franklin, NVCA President & CEO, delivered remarks to the audience highlighting the importance of corporate venture capital to the venture capital ecosystem and the NVCA. Declan Denehan conducted an in-depth interview with Arvind Sodhani, President of Intel Capital. Arvind also graciously and candidly answered several questions from the audience.
Next up, John Taylor, NVCA’s Head of Research led a panel discussion among industry thought leaders who discussed key trends in CVC, with a focus on data demonstrating the growth in the number of CVC teams and their increasing role in the overall venture capital landscape. John Lauckner of GM Ventures moderated a lively panel on key lessons learned by a group of experienced CVC practitioners, sparking a spirited discussion with the audience. Amanda Feldman, Director, Impact & Innovation at Volans reported on the impact of CVC social and environmental investing.
After lunch, Vanessa Colella of Citi Ventures moderated a panel discussion with a seasoned group of CVC veterans who discussed capturing CVC value. There were plenty of different ideas discussed and lots of participation from the audience. Bert Navarrete of Tigerlab Ventures moderated a panel that explored the dos and don’ts and lessons learned in setting up corporate accelerators.
The final panel of the day was moderated by Victor Pascucci from USAA, which was titled “Silver Linings Playbook” and centered on the ins and outs of co-investing with other CVCs. This panel elicited lots of discussion and war stories. The day ended with a networking reception on the veranda.
Thank you to our host Intel Capital and our sponsors Silicon Valley Bank and Dentons.