To ensure longerterm survival better, rather than the historic two to three-year longevity, a number of groups are putting in place the governance structures that provide greater independence and stability of funding, and working out their own comparative advantages rather than blindly following the hot investment areas.
There is a fine line between confidence and optimism, and arrogance and hubris. Step over to the latter and nemesis will follow.
It is a danger corporate venturing units can avoid by remembering the old poker adage – if you look round the table and cannot see the mark then it is you.
The salutary lesson from many groups during the first dot.com bubble around the turn of the millennium was to beware invitations to join the inner club of…
