Performance Metrics for CVC
Corporate Venture Capital (CVC) groups have struggled for years to measure their performance. In order to build a sustainable CVC effort, corporations needs to be convinced that the capital spent, the talent deployed & the effort expended for CVC is making a material impact. So, it is essential that CVC performance metrics be developed that balance financial & strategic returns. Strategic measures have been particularly elusive to quantify but significant progress has been made regarding how to tackle this difficult objective.
On this panel, you will hear about best practices in the field for performance measures from industry experts & CVC leaders that have been on the front line executing the business & reporting results back to their corporate parent.
Performance Measures for CVCs
What are your performance measures for CVC?
How do you balance strategic & financial measures?
What evidence do you use to show impact for the corporation?
How do you measure individual CVC team members performance versus CVC unit performance?
Mark is a former Board Member of the National Venture Capital Association (NVCA) & served as Chairman & founding member of the Corporate Venture Group. Formerly Managing Director of Eastman Ventures, Eastman Chemical Company's corporate venture capital arm, Mark started up & led the company's efforts to invest in & partner with private companies. He & his team forged relationships & co-investments with premier venture capitalists & corporations. Eastman invested with a top-quartile IRR track record in 25 ventures & 5 venture funds spanning Information Technology, Life Sciences, Advanced Materials & Clean Technology. Mark is advising corporations on CVC formation & best practices & is a Fellow with Bell Mason Group.
Managing Director in Intel Capital
Sean is a Managing Director in Intel Capital focused on manufacturing, semiconductor & supply chain investments for Intel Corporation. Sean's transactional experience at Intel Capital ranges from seed stage venture financings to public company debt placements & equity investments worldwide. He has served as investment manager on investments such as ASM International, ASML, AT&S, Digital Specialty Chemicals, Energetiq Technology, Inpria, Ion Microfabrication Systems (IMS), Micron Technology, Photronics, Rocketick & Voltaix. Sean holds a BA from UC Berkeley & MBA from UCLA.
Formerly Managing Director at Applied Materials/Applied Ventures
Managing Partner at Partnership Ventures
Partnership Ventures & early stage VC fund is focused on delivering both financial & strategic returns. He was formerly Managing Director at Applied Materials/Applied Ventures where in addition to venture investments he led creation of new business & building partnerships between corporations & startups all over the globe.
Sanjiv R. Parikh
Managing Partner, Venture Capital & Vice President, Office of Strategy & Innovation
Sanjiv is the Managing Partner, Venture Capital & Vice President, Office of Strategy & Innovation where he drives venture capital investments, incubation / acceleration & corporate development for CSAA Insurance Group, a AAA insurer. Sanjiv is developing a portfolio of disruptive growth assets across InsurTech, Mobility, AI & Analytics, IoT - Connected Home, & Blockchain. Sanjiv's portfolio at CSAA Insurance Group includes 4 active investments, 3 limited partnership positions & 1 incubation.
11:30 Registration & Lunch
12:00 Panel discussion & Q/A
CVC Program Chair