Balancing strategic and financial value [has been] a long-standing tension in the corporate venture capital (CVC) industry. Industry practitioners adopted various models over time, but academic researchers lent their insights to the debate as well.
Author: Joseph Golden, Amit Sridharan, Robert Burgelman, Stanford Graduate School of Business
Profiles of two CVCs a decade after formation
Across the industry, real-life CVCs developed a variety of approaches to balance the pursuit of strategic and financial value. The examples below provide a sense of the fairly wide spectrum that existed in 2019