Comment from Brian Laegeler, principal, Touchdown Ventures
Does it matter how many CVCs invest, or in which round they join the syndicate?
The value of having a corporate venture capital (CVC) investor on a startup’s cap table remains a topic of debate within the venture capital community. To help inform the discussion, I turned to a 2008 study by Vladimir Ivanov and Fei Xie, who established, for VC-backed startups, a direct relationship between having at least one CVC investor and higher initial public offering prices, based on price-to-sales…
