

Don't underestimate the brand equity of a corporate by focusing on just actual equity alone.With the recent events incl. For the same reason, if you're at Bayer's VC arm, you could have a pick of Healthcare or Agtech scale ups. Let's just say that if you're at Salesforce Ventures or Intel Ventures, any cloud or AI scale up give up an arm for you to invest.

Or you could be at CVC that looks and smells like a VC. Or you could be at one that invests in only two businesses a year to dip your toe in the water and learn. You might be at a CVC that invests purely as an R&D outsource of the parent e.g. Just make sure you are aligned with the philosophy. Others prefer CVCs to come into the cap table at the growth rounds so you may miss out on the early stage dealsĬVCs vary in their activity and focus. Some founders prefer an actual fund vs.Some may like a name like Shell in the cap table and see Shell are ultimate exit for example Softbank doesn't like restrictive clauses and walks away and instead throws billions at the next Adam Neumann.
#Corporate venture capital salary series
24 months later and CleanTechCo needs to raise a large series B so get Softbank to lead. For example.Shell Ventures leads series A and gets some protective rights or veto on something because Shell wants the to acquire them in the future. You are (mostly) aligned with strategic narrative of parent co / Shell.VC will say "we get compensated better", yes sure but some people are happy to wait for 7-10 years for their carry to pay out whilst others will prefer regular liquidity and the relative security of a large corporate You can get paid well so let's not BS here. Will caveat that you can generally get a base on par if not above a lot of VCs + cash bonus + some equity. Mentioned already re the compensation which can be lower in the long-term.
#Corporate venture capital salary plus
Nothing greater than having a Shell logo as a customer on your scale up website plus the benefit of having a global org behind you Be an investor, a launching customer and network enabler.Over 5 years, we save $YYm and have improved internal ROI on this process by %" Not necessarily an IRR or CoC or TVPI measure but could be "we, Shell Ventures, invested XYZ CleanTechCo with the following favorable commercial terms and we now save $XXm in said cost department. Measure of return is different for the most part.Single LP, lack of LP BS, no need to raise new funds.Looking at a mobility scale up? Pick up the phone and call the lead product person in respective division. Actual industry expertise at your fingertips to assess a business.Let's use an example of Shell/Shell Ventures and CleanTechCo just for illustrative purposes. Stigma from who? Other VCs? A lot of VCs think too highly of themselves. Anyways the real comp in VC comes very long term with carry, so maybe not somehting you need to obsess about just out of b-school. Norwest is basically a CVC for Wells Fargo (controversial i know, and maybe one can argue its a single LP/large LP fund).ĭont let the 'branding' or stigma of CVC get you down, it can be a great place to learn the ropes if you're generally interested. outside of that, there are some great CVCs in non-tech domains too, e.g. M12 (Microsoft) is another prolific fund that has backed excellent companies, Qualcomm Ventures is a stalwart in CVC. Google Ventures/GV/Capital G are excellent investors in areas like healthcare. For example, if you're interested in SaaS investing, Salesforce ventures is truly excellent (look at the deals they have been in, they get into them because they have a phenomenal brand and can offer actual operating expertise/SFDC access - which very few others can). a tiny fund that may only get looks at seed or not-great deals.Ģ) All CVCs are not made alike. But if you cant, i think you're better off going to a large/well-known CVC that will give you great exposure vs. If you're able to strut into a top tier (or even strong) 'financial' VC fund, great. 1) Getting your foot in the door is not a bad thing.
