Corporate Venture Groups

topic on 1 show · 3 statements across 1 episodes

the a16z Podcast

3 statements about Corporate Venture Groups, every show

a16z Prediction Not checkable as stated
Simudis predicts 50% of corporate VC arms will close next recession
“Now by, I would call them unofficial statistics, there are Roughly a little over a thousand corporations, which in a sense makes sense because many more geographies have opened up in the intervening, you know, 1015 years, and I wouldn't be surprised if we have…”
Evangelos Simudis Jan 2, 2019 ▶ 9:28 a16z Podcast | On Corporate Venturing & Setting Up 'Innovation Outposts'
a16z Assertion Partly supported
Simudis: Half of 1990s corporate venture arms closed by 2003
“So back in in the late nineties and roughly between nine, 90 seven, 98 and 2000, there were roughly 500 corporations that had established venture groups in our area. And of those 500 by 2003, 50% had closed down.”
Evangelos Simudis Jan 2, 2019 ▶ 9:05 a16z Podcast | On Corporate Venturing & Setting Up 'Innovation Outposts'
a16z Insight
Simudis: Corporations should build business development before launching venture groups
“90% of the times is to establish a venture group. And in retrospect, we determined that maybe establishing a venture group wouldn't have been the right first step. Maybe they should have established a business development capability before they even think abou…”
Evangelos Simudis Jan 2, 2019 ▶ 8:15 a16z Podcast | On Corporate Venturing & Setting Up 'Innovation Outposts'

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