The Brave New World of Corporate Venturing. Part I: The Traditional Models

Every established organization must be willing and able to systemically deal with value shifts, or risk missing the next big thing.   Value shifts come in many shapes and forms, from consumer preferences, technology developments and competitive market dynamics.   Sometimes, organizations can anticipate, even create game-changing value shifts, other times, they can only realistically hope to notice shifts in time to

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Quirky is dead. Long live Quirky!

As you may have heard, crowd-sourced product developer Quirky has filed for bankruptcy, claiming its business model had scalability challenges (code word for losing money).   Quirky did achieve success by some measures, including $185 Million raised, over 400 products launched, over $100 Million in revenue, a connected-home spin-off (Wink) and several corporate partnerships with the likes of GE, Mattel and

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Employee Idea Submissions, As Explained in the Bible

An idea submission program can support the four basic use cases of employee driven innovation (vs. continuous improvement of existing job responsibilities) categorized by the intersection of the key defining parameters; the inspiration for the idea submission in the first place and the ongoing intentions of the submitter.  In general, an idea can be submitted in an unsolicited fashion, on

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Startups to Large Corporations…Take me to your Leaders!

In a previous blog post, I wrote about the value large corporations could excerpt from partnering with startups.  Here, I discuss the converse, the value in partnering with large corporations from the startups perspective. Startups are rightly pursuing relationships with large corporations, usually knocking on the corporate venture capital (CVC) or open innovation office (OIO) doors.   That’s the easy part –

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The world’s most creative business model strikes again

The Venture Creator business model has just received significant market validation.   The arguable leaders in this space, Boston’s PureTech Ventures & Allied Minds recently raised approximately $200 Million each through their respective IPO’s on the London Stock Exchange.   Both companies continue to grow their impressive portfolio of big bets through their value-creation formula of spotting opportunities traditional VC’s seem to

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Software is Eating the Innovation World

“In short, software is eating the world”, said Marc Andreessen back in 2011. Marc, a savvy entrepreneur and investor, was quick to note how software companies were not only some of the most valuable ventures on the planet but also transforming just about every known industry from manufacturing, agriculture, transportation, banking, medical devices, entertainment, etc. – even high-tech hardware is

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Shift Happens. It’s How You Deal That Matters.

For whatever reason, corporate innovation has become synonymous with new business development – but that isn’t the only way to sense for change and encourage the bold and aggressive innovation that today’s world needs from large corporations, idling on the sidelines of cash while the very real game of human happiness sputters. Taking a step back, most agree with the

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