Comment from Serge Salager, founder and CEO at RetargetLinks
Pierre DuPont knew he had struck gold when his 1914 corporate investment in a still private six-year-old startup called General Motors started showing results. The stock leapt in value sevenfold and the board of directors of the chemical conglomerate followed this with another $25m investment. What DuPont did not know was that he had started an era – that of corporate venture capital (CVC).
One such organisation with an impressive CVC fund was Xerox. It had an active CVC program…
