How To Build Corporate Ventures That Scale

Lost In Transformation

This episode is all about Corporate Venture Building. What does a venture building process look like? Is Corporate Venture Building a growing market? And what does it mean when we talk about "startups on steroids"? We talked to Joachim Vandaele, co-founder of FutureLabs, a venture builder that uses assets and capabilities of leading corporations to build transformational tech companies. Joachim has been creating businesses for almost 2 decades in finance, technology and innovation. Equipped with experience as a founder, operator and investor, he helped companies grow into new fields and geographies. He also taught at INSEAD and directs their Start-up bootcamp.

Chapters

1. How To Build Corporate Ventures That Scale (00:00:00)

2. What Joachim has been doing so far and how he got interested in corporate ventures? (00:01:41)

3. What is the big idea behind FutureLabs? (00:04:14)

4. How does Joachim work with clients to unleash their power? (00:06:39)

5. How to find the Venture Founders? (00:12:37)

6. How does Joachim think about intrapreneurs role in venture building? (00:14:49)

7. What does corporate venture building mean to Joachim? (00:16:24)

8. Does every corporate need to become a vertical platform, as new trends emerging? (00:22:04)

9. How does corporate venture building stand in relation to the other innovation players? (00:23:45)

10. Magic number on the cap table, who should own how much? (00:30:16)

11. What are the criteria of selection process while building new ventures? (00:31:28)

12. Globally recognized models of successful corporate venture building (00:33:35)

13. Geographic differences in terms of maturity of CV building model (00:36:09)

14. What does it mean - "startups on steroids?" (00:38:49)

15. How to gain access to and leverage corporate assets? (00:41:44)

16. Is there a mindset shift on the top when talking about failure? (00:44:56)

17. What is the method to the venture building process and its risk? (00:46:13)

18. How do you think about outside validation? (00:49:32)

19. What are the criteria for pivoting? (00:51:03)

20. Why is there a shift in the FutureLabs focus? (00:54:45)

21. What are the next steps for FutureLabs? (00:56:22)

22. What will be the model of CV building? (00:58:41)

23. What are the 3 criterias to say if the corporate is ready for venture building? (01:00:54)