This technical note provides context and history for the corporate venture capital (CVC) investment, or the exercise of corporations making equity investments in introductory company outside the core company.
The note summarizes the growth of CVC, from its beginning in the 1960s through its maturation now, and explores companies' motivations for making these kinds of investments, which generally include a mixture of both tactical and financial aims.
Additionally, the note explores how CVC units within companies are structured, investment opportunities, how they evaluate and finance, and the way they generate business value for the parent company.
PUBLICATION DATE: February 10, 2015 PRODUCT #: KEL893-HCB-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION