TNT cuts corporate venturing unit Logispring with court filings showing rare insights into the process.
Netherlands-based delivery company TNT’s decision to wind up its corporate venturing operation ahead of the demerger of its postal and express delivery divisions has shown up the difficulties of maintaining a team taking stakes in nascent companies for the longer-term.
In 2009, TNT "seized control of Logispring’s firstfund and moved to dissolve Logispring II", according to Ad Eundem Partners’ website. Ad Eundem, which is Latin for "the same again", said it was the partnership for the team that built the…
