Steps on the road to being an adept venturer.
This article describes the next stage of development of a corporate venturing business, being its transformation into a fully fledged venture capital funds management business. This is shown in the diagram [click here].
1. The Investment Manager
As shown in the diagram, the corporate venturing business is now carried on by a separate legal entity (in this case called the "Manager") which is usually a wholly owned subsidiary of Corporate and may take the form of a company or…