Corporate venture arms with strategic mandates should stop trying to be like institutional venture firms
It is no secret that corporate venture capital, in the grand scheme of things, has not been blessed with success.
Even though the lifespan of the typical corporate venture arm has increased from just one year historically to four years more recently, this is still less than half the time institutional venture firms take to close out their funds.
Institutional venture firms ask their investors to stick around for 10 to 12 years, knowing that the portfolio startups that contribute…
