80 likes | 230 Views
Corporations and the Financing of Innovation: The Corporate Venturing Experience May 3 rd , 2002. External versus Internal Venturing . “Say … what’s a mountain goat doing way up here in a cloud bank?”. “Perspective. Use it or lose it.” - Richard Bach, Illusions.
E N D
Corporations and the Financing of Innovation:The Corporate Venturing ExperienceMay 3rd, 2002 External versus Internal Venturing
“Say … what’s a mountain goat doing way up here in a cloud bank?”
The Top 4 Things VCs Say 1. We sold the good stuff, and what’s left is a headache.2. Some of what's left deserves continued support, some of what we have needs to be written off, and oh!if only we knew which were which.3. We don’t believe we can influence the companies we invest in.4. All our companies need is more money.
“Unless we’re struck by a huge chunk of cash from outer space, I’d say there’s very little hope.”
Warren Holtsberg, , Corporate Vice President Motorola VenturesRonald H. Peele, Vice President AOL Time Warner VenturesPaul Gompers, Professor of Business Administration, Harvard Business SchoolLisa A. Broderick, Managing Partner Conversus Group, Moderator External versus Internal Venturing