Comment from Ian Goldstein, Fenwick & West, Rich Grant, Touchdown Ventures, and Gus Warren, Samsung Next
At this year’s Global Corporate Venturing & Innovation Summit in California, we organised and led a workshop on best practices for starting and running a corporate venture capital program. This workshop was based on our extensive collective experience organising, operating, and advising a significant number of CVC programs across industries and stages of development. We focused on bringing into the open the various alternatives for structuring a corporate venture practice as well as steps and considerations for implementation and execution of an effective CVC investment program.
The goal for the presentation was not only to provide a general framework and guidance for companies considering launching an internal corporate venture program, or expanding an existing program, but also how to articulate to senior members of an organisation the strategic benefits of corporate venture investments.
A brief summary of the presentation and a few of the key takeaways follow. As we noted…
