AAA Comment – Page 143

Firms jump aboard dedicated SoMoLo funds

The Intel Capital Ultrabook fund launch follows the $100m A-fund to support the open-source Android mobile phone operating system and the $250m sFund to help Facebook’s social media platform, all announced in the past 10 months and in the wake of the success of the iFund for Apple products.

Success is finely balanced

To ensure longerterm survival better, rather than the historic two to three-year longevity, a number of groups are putting in place the governance structures that provide greater independence and stability of funding, and working out their own comparative advantages rather than blindly following the hot investment areas.

Personnel links between firms increase

As the venture industry continues to mature and more firms graduate as successful businesses from being a portfolio company and then set up a corporate venturing unit it could be these ties are the next generation of networking connections rather than MBA university among investment managers.