Between theory and practice can be a large chasm. Or, as Brian Park and Erik Vermeulen, two practicioners that have worked at Philips, a Fortune 500 corporation, note in their excellent academic paper, Debunking Myths in Corporate Venture Capital (CVC): What Works, What Doesn’t, and How To Make It Work: “On paper, large multinational corporations and startups seem like a perfect pairing, a match made in heaven. “Corporates can open doors for startups, provide them with necessary capital, and deliver tremendous resources in the form of knowledge sharing, distribution channels to seemingly endless rolodexes. The list goes on.
