Neil Foster explores the outcome of the panel he chaired on deal terms and best practice at the Global Corporate Venturing Symposium in May 2017.

Surely the CVC industry has a standard set of deal terms set out in a consistent term sheet which everyone uses? This is a question that arises over and over when we are putting together term sheets and negotiating deal terms. The answer is no, CVC terms differ from deal to deal. However, best practice is developing and a more standardised set of policies and philosophies are emerging.

Term sheets for CVC transactions can look similar on first glance, covering…