The value of Intel’s acquisition of Israel-based urban mobility app developer Moovit for a $900m enterprise value lies almost as much as what it says about the ecosystem developed there over the past 30 years since Russian immigration after the fall of the Soviet Union.
Category: Comment
“If uncertainty is the new norm, partnerships are the new leadership”
IESE Business school ran its 8th Open Innovation Conference last week, with the virtual event co-hosted by Prof Josemaría Siota and Prof Julia Pratts.
Go big or go home
We have seen some big deals so far this year in the financial services sector, with Visa acquiring Plaid and Mastercard joining AvidXchange, but while payments remains localised in many cases the opportunities to join up the global commerce world beckons.
CVC in the Time of Coronavirus: Jon Eide and Dusty Lieb, Echo Health Ventures
COO Jon Eide and partner Dusty Lieb have spoken to GCV about the balance between pursuing more attractive valuations while dealing with differing expectations from its healthtech portfolio.
What happens when the argument is won?
The ideas put forward by academics Clayton Christensen and Henry Chesbrough around 20 years ago for open and disruptive innovation have taken root across all corporations.
Venture is about following the people
The current average population increase is estimated at 81 million people per year – a figure fortunately at this stage unlikely to be dented much by the covid-19 disease – and all require feeding.
CVC in the Time of Coronavirus: Shinichiro Hori, YJ Capital
Despite uncertainty, Yahoo Japan’s corporate venturing vehicle will continue its efforts in innovation and technology in the Japanese ecosystem through collaborations with startups.
Actions speak louder than words
As the world begins planning for a post-pandemic recovery, the United Nations is calling on people and governments to “build back better” by creating more sustainable, resilient and inclusive societies.
Fintech flies high
As highlight in our weekly podcast, some sectors are flying high and, certainly relative to the global financial crisis a dozen years ago, banks and financial services providers are one of them.
CVC in the Time of Coronavirus: Blake Luse, Ferguson Ventures
Ferguson’s investment arm is in weekly contact with portfolio companies and expects digitisation to be more widely adopted in the construction industry as work practices change.
Starbucks drinks to China partnership
The blurring of lines between corporate and independent venture capital is continuing apace as all parties consider how best they can support entrepreneurs while fulfilling their five needs: capital, customers, product development, hiring and an exit.
Focus on the essentials brings new challenges
“If you don’t understand how money and credit work, you can’t understand how economies work—which is the biggest driver of politics and how the whole economic-political system works.”
Stepping back to the past to find the future
AmFam has made it’s first impact investment in Biobot Analytics, a platform that can trace health indicators that provide insights into drug use and the presence of viruses, environmental contaminants and nutrition.
CVC in the Time of Coronavirus: Nicolas Sauvage, TDK Ventures
TDK’s corporate venturing unit is lining up more deals to go with its investment in Genetesis this week, having been formed early last year with one eye on an economic downturn.