Become an InsiderWhen she launched the corporate venture organization at utility giant National Grid, Lisa Lambert decided to break from the norm in the industry and use a compensation program taken from traditional venture firms.
"Everybody models themselves after Intel Capital and rightly so," she told Business Insider in an interview earlier this month. Carried-interest programs are uncommon in the corporate venture world, where investors are usually salaried employees. Just 13% of corporate venture capital, or CVC, operations have carried-interest programs, according to a recent survey by J. Thelander Consulting, an industry research firm, although many more firms — some 25% — are considering them.
Last year, NGP opened an incubation center in its San Francisco office for very early-stage startups to help them get off the ground by connecting them with its operating businesses and with other potential customers. Most of its venture investments, though, are in growth- and later-stage startups, Lambert said.
But not all of its investing is directed by those units. NGP reserves about 25% to 35% of its funds for what Lambert calls "pathfinding" startups. These are ones that don't have an obvious strategic value for any of the parent company's particular business unit at the moment, but are working on ideas that could be relevant or useful three to five years down the line.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Orum House, the Bel Air mansion shaped like a propeller: photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wowed by this house!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Benetti's 353-foot hybrid gigayacht 'Luminosity' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I may be mistaken but I think it's currently docked in Portofino, Italy. My offer, 1 Bitcoin
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the French Riviera's pandemic party problem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Houston we have a problem.... or in this case, France. 25 guys and only one woman, huge problem.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US dollar hits 2-year low amid virus struggle, funds' short interest - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The US Fed needed to engineer a yield curve collapse. That's why the dollar is falling. Now that ust yields have fallen, the other central banks can collapse their yield curves further. Stop with the political red herrings.
Source: BusinessInsider - 🏆 729. / 51 Read more »
IRS is sending interest payments for delayed tax refunds this week - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Hmm
Source: BusinessInsider - 🏆 729. / 51 Read more »