Masters of Corporate Venture Capital: Collective Wisdom from 50 VCs Best Practices for Corporate Venturing How to Access Startup Innovation & How to Get Funded
N**A
Must read for corporate venture capitalist
I was ecstatic to have read Andrew's book for several reasons.1. It may be the only recent book that focuses on corporate venture capital (CVC). Among the VC books, some are more suited for entrepreneurs, while others are for VCs. Among the books for VCs, Andrew's is very focused on CVC. CVC is different from independent VC, thus it's invaluable to read Andrew's book that addresses CVC issues. My search on Amazon has yet to yield another book quite like it.2. It's very practical. Corporations are different from one another, therefore CVCs are different. How do you address the kind of "it depends" questions? Andrew's answer is through case studies. He interviews a large number of people seasoned in the field and, through their experiences, sheds light on the best practices. This approach makes the book very practical and very relevant for every reader's situation.3. It's structured well. For the impatient readers, go to the conclusion chapter of the book. You will get a distilled summary of the chapters before. For the patient ones, the rest of the chapters offers more details and references to further explore even beyond this book. On the structure itself, first, the book talks about the goals of CVC, as crystallizing the thinking is key. Second, it talks about the entry strategies of a CVC, i.e., direct investment, accelerator and FoF. Third, it talks about best practices. After that, the book has more chapters for entrepreneurs working with CVCs, industry overview, etc.This is a must-have book for people working in CVC. Thank you, Andrew, for bringing it to the world!
A**R
I needed a few good sources to get an understanding of how both work
Before I purchased this book, I was still fairly new to both VC & CVC. I needed a few good sources to get an understanding of how both work. This book was recommended to me as a source to take the first glimpse into CVC. It turned out to be an excellent insight. At the same time, I can see how this book can be used as a reference by well-established corporate executives who’re trying to decide whether to take the first step towards CVC or those looking for ways to help their existing CVC with further development.The author took an impressive undertaking interviewing all these successful leaders and then organizing their interviews into a logical chain of chapters adding his own thoughts, explanations, and examples along the way. This book was a relatively easy read for me (a beginner). I’m confident it’ll be even easier to absorb by someone who’s more familiar with the subject.I can see myself going back to this book a number of times in the future. This book was a good investment of both time and money.
J**N
I bookmarked almost every page and filled its columns with notes and ideas... great book
Imagine sitting in a room with 51 people who have started and built the world's largest and most successful venture capital programs within corporations and listening to their advice. I read this book highlighting and taking notes of wisdom on almost ever single page. I stopped using bookmarks because everypage had a golden nugget about entrepreneurship, investing, growth, teams, partnerships, and leadership.I build entrepreneur centers around Texas in partnership with cities, investment groups and corporations and this book helped me not only understand the investment world deeper but on the strategies for innovation and the ecosystem of buyers and sellers.If you are an:- entrepreneur - read this so you can build a product with an acquisition or strategic corporate partnership in mind- investor - read this so you can learn to attract capital from corporations and work with them to fund your portfolio- corporation - read this so you can learn from the successes and failures of other corporations who have grown through cvc.Well done Andrew.
P**S
Excellent insights into Corporate Venture Capital from many different perspectives.
Corporate Venture Capital now accounts for about one in five venture capital deals - and this number is climbing fast. The impact of Corporate Venture Capital in the VC landscape is now unmistakable and understanding the different and sometimes conflicting roles that CVCs play in a deal is critical for both the entrepreneurs in whom the CVCs are investing and the other VCs who are investing along-side them.What I found in this book that I couldn't find anywhere else was a collection of the insights and observations from fifty VCs whose perspectives ran the full gamut from those investing primarily for financial returns vs. those looking for strategic investment leading to acquisition to move the needle on corporate innovation and growth. There are benefits and dangers involved in working with different VCs and this book provides the background investors and entrepreneurs need to be successful when engaging with this now huge sector of venture capital.
H**R
Jungle guide to Corporate Venture Capital: Must-have book for VCs and Entrepreneurs
Mr. Romans has followed his first book with a "must have" volume for VCs, entrepreneurs and Corporate VCs (of course.) Unlike his first volume this is a book that, after the first couple of chapters, can be used as a reference volume for CVCs. Of course it has great stories and histories but its main value to me (I am a VC) is as a "Jungle Guide to Corporate VCs." Something you must have sitting on your shelf when the topic comes up during a funding cycle.I learned quite a bit about CVCs I thought I knew well. It turns out knowing the principles isn't the same as knowing the mission and habits which can be a bit guarded when in a deal situation. Hats off to Mr. Romans again.
N**S
The Definitive CVC Deep Dive
If you're looking for the definitive deep dive into a variety of CVCs, this book is it. There are a huge variety of contributors, each of whom bring their own concerns and ideas to the table. Another thing I really appreciated is the wide ranging locations of the CVCs - the guide wasn't just US-centric. There were strong contributions from Europe and Asia as well. For founders, this is especially relevant given the increasing prominence of foreign CVCs getting involved in US startups.Highly, highly recommend buying this book if you're a founder, VC, or just curious about the Corporate Venture Capital world.
V**I
É fraco
Não é ruim, mas não é bom. O lado bom é que fala sobre muitas coisas que são valiosas sobre o desempenho do CVC, mas a maioria dos entrevistados não diz nada relevante. No geral é fraco.
J**N
The First Book To Read About Corporate Venture Capital
Real-life stories from real CVCs investing in real companies.The good the bad and the ugly!Andrew Romans and his extensive list of contributing CVCs provide insider tips, advice for getting the optimum win/win/win deal for your company and also the pitfalls to avoid.This book is an absolute must to any founders looking at raising capital from CVCs.
M**B
An exhaustive book about CVC
A must read to gather numerous insights from the industry
A**R
Well worth reading
This is well worth reading if you have interest in CVC. Less of the theory and full of valuable 'on the ground', real stories and examples of best (and not so great) practises from the field.
R**S
CVC 101
Great book! Best insights in town on CVC's
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