According to the poll, slightly more than half of respondents (53%) said their investment strategy would change (30%) or were likely to change (23%). A quarter of respondents (25%) said it would not, while 23% were unsure.
Nearly a third of respondents (32%) said they would be shifting investment focus, prioritising and conducting stricter due diligence. Almost a fifth of them (19%) said they would support existing portfolio companies rather consider new investment opportunities. Only one in every 10 said they expected no significant changes in their strategy, while 13% declared they would either stop or slow down their investing activities.
Four out of every 10 corporate venturers expect to have less capital to deploy during the course of the ensuing economic downturn, while one in every four is unsure. Very few respondents (8%) said they expected to have more capital to invest with.
Nearly half of relevant respondents (those who had said they expected to have less or the same amount of capital to deploy or were unsure) stated they either already had capital withheld internally (21%) or were potentially having funds withheld soon (26%).
Perhaps the most hopeful finding of our short poll was that majority of corporate venture professionals are open for networking with their peers from the investment community to look for solutions.
