Trends in corporate venture capital investing (CVC). Motivations, outcomes, compensation, and more.
The Rightstack Research DB
Gain insight into the CVC ecosystem and learn how funds navigate a challenging investment environment and support their corporate parent.
The data
This year’s survey results include insights from one-quarter of active global CVCs on managing corporate parents, investment approach and team dynamics.
FUND MATURITY
Executive support is critical for fund survival
The more mature CVCs are, the more the executive sponsors understand VC.
As executive sponsors become more educated about VC, they tend to become more excited about and supportive of their CVCs.
Source: CVC survey results and SVB analysis.
Source: CVC survey results and SVB analysis.
FUND MATURITY
CVCs grow into independence
Mature and financial funds spend a lot less time managing relationships with their corporate parents than newbie or strategic funds.
Despite the extra time strategic funds spend with their corporate parents, 35% of strategic CVCs have a deal blocked by executives frequently or occasionally, compared to just 7% for financial CVCs.
TENURE
Carry motivates investors to stay with a firm
Among funds that offer carry, approximately 35% of investors have been at the firm for five or more years. That compares with just 25% for those that don’t offer carry.
Only 58% of top CVCs offer carry, making it a powerful differentiator for attracting top talent.
Source: CVC survey results and SVB analysis.
Read the full State of CVC 2024 report
Gain insight into the CVC ecosystem and learn how funds navigate a challenging investment environment and support their corporate parent.
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The views expressed in this report are solely those of the authors and do not necessarily reflect the views of Silicon Valley Bank, a division of First-Citizens Bank.
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