Embracing the innovation ecosystem and ensuring strategic cooperation were identified as key for CVC-startup relations in a session chaired by Saeed Amidi, CEO and founder of Plug and Play.
Driving good startup relations could be challenging for corporates new to the CVC arena, a consideration germane to the industry’s vast expansion over recent years, said Cameron Geiger, senior vice-president at Wal-Mart, itself relatively new to the game.
The retail chain found some of the answer in embracing the innovation ecosystem, Geiger added. Wal-Mart’s collaborative activities included an alliance with accelerator Plug and Play, under which it had joined plans for a supply chain-focused innovation hub also backed by meat product…
