Johnson & Johnson's unbroken history of taking minority equity stakes in third-party entrepreneurs marks it as one of the oldest and most consistent investors in corporate venturing, writes James Mawson
US-based healthcare group Johnson & Johnson (J&J) has an "outsized place" in corporate venturing as it enters its 40th year since the creation of Johnson & Johnson Development Corporation (JJDC) in 1973.
Although J&J had been making venture investments since the 1960s, the creation of JJDC and its unbroken history of taking minority equity stakes in third-party entrepreneurs marks it as one of the oldest and most consistent investors – perhaps only surpassed by mutual fund manager Fidelity.
As…
