I see the role of corporate venture capital as a plan or a schedule right now. VC firms have been burned in the past with respect to e-business, and the dot-comers. They need to do something to involve themselves with their investments. Funding just isn't enough. VC should change to VCC, Venture Capital & Consulting. Most VC firms have been in the game for a while. They've seen what has come and gone. Although there is no sure-fire way to tell who's the next Microsoft, VC firms are a step above because they see and hear from people that claim to have the next big idea, or business plan. I'm not sure how every VC firm works, but I would like to think that if I had a plan I wanted to implement, I would want my investors who have seen a lot of plans come and go, let me know about the things I need to correct or simply of what to beware.
With respect to e-business I would think both entrepreneurs and VC firms are getting more bang for their buck. Infra
The reason I put these in here was because of the perceptions of VC firms, "the money kings." I just would like to know that it's not always about the money. Eboys provided some relief to that thought in Benchmark Capital. Benchmark creates relationships and does what they can to keep their word true.
Dell Ventures seem like they are taking the conservative approach to investing. I only say this because they mentioned they should be looking for the singles and doubles, because not every venture is going to be a homerun. They are looking for ventures that are going to help their brand name. Also, the ventures they want seem to need their products and resources. I like that idea, but at the same time it sounds as though they are scared to reach out too far from what they know. Their potential is huge with the amount of capital they have to toss around, but I think their ambition is lacking.
structure and simply the way business is being conducted now
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