AAA Comment – Page 60

How the best corporate venturers keep getting better

Over the past couple of decades, corporate venturing has been characterised by its boom-and-bust cycles. Companies would increase their investments during frothy markets to boost financial performance and then pull back during economic downturns when the prospect of quick financial gains evaporated. Today, corporate venturing is taking a different approach. Companies are still seeking financial… Continue reading How the best corporate venturers keep getting better

Editorial: Europe’s most important budget

Pascal Lamy, the so-called “gendarme” of the European Commission (EC) in the 1980s and 1990s, might have passed on the mantle of most powerful chief of staff and controller to Martin “the monster” Selmayr, now secretary-general for the world’s second-largest economy, but his influence remains on important areas of policy, particularly innovation. In his influential report on… Continue reading Editorial: Europe’s most important budget

Editorial: Tencent plans greater control of Nio

Nio, a China-based smart electric vehicle developer, filed last week to raise up to $1.8bn in an initial public offering in the US but in the details of its offering is an unusual wrinkle for one corporate venturing unit to effectively help control its future strategy through unequal voting rights. Nio’s F-1 filing said: “Each fully paid… Continue reading Editorial: Tencent plans greater control of Nio

Editorial: Alphabet’s results highlights its ‘Other Bets’

With Facebook and Netflix stumbling without recognised corporate venturing units, it has been interesting to see the other big four US internet companies, Microsoft, Amazon, Alphabet and Apple, with powerful CVC investments report or predict strong results. Alphabet was the most clear-cut as it reported better-than-expected second-quarter earnings last Monday, driving Alphabet shares to a new… Continue reading Editorial: Alphabet’s results highlights its ‘Other Bets’

Where small changes can have large consequences

George Gogolev brings a wealth of venture capital experience to Severstal Ventures, having come from the ecosystem-focused Russian Venture Company (RVC), the state fund of funds that backs innovation across the country. There, he was the director of corporate innovation and technology transfer, before he joined Severstal as its head of disruptive innovation in February.… Continue reading Where small changes can have large consequences