There are five key factors that have helped the US oil and gas company's corporate investment unit keep going for 23 years.

Corporate investors rarely acquire the portfolio companies they invest in, but most will still negotiate special rights around an exit.

An overwhelming majority of respondents in our poll said they took board seats — mainly to influence and help the startups in their portfolio.

Companies that struggle with early corporate venturing efforts will often turn to CVC-as-a-service, says Bill Reichert of Pegasus Ventures.

Invest in a business development function — early. Be creative with funding and careful with how your strategic value is measured.

From board seats to leading rounds to deciding when to back boom stocks — there are a lot of VC obsessions that corporate investors can skip.

What are corporate VC managers looking for when hiring? A selection of industry figures tell GCV it isn't just dealmakers, but intellectually curious team players and go-getters.

For corporate venturers, is it better to invest directly from a corporation’s balance sheet or from a stand-alone fund?