Wendy Lung, managing director of IBM Ventures, spoke to Robin Brinkworth about being an IBM lifer, how IBM Ventures’ flexibility delivers value for IBM, and the broader corporate venturing ecosystem
IBM Ventures was set up in 2001, making it one of the elder statesmen of the corporate venturing world. Its function is strategic, or as Wendy Lung puts it, “our mission is to provide ‘headlights’ for IBM’s business units by understanding various disruptions in the market – from there we engage with the best startups to help solve the business problems of both IBM and our enterprise customers”.
Lung is the managing director of the unit, and has been since…