More than 1,000 companies now have corporate venture arms, according to GCV Analytics, a nearly 80% increase over 2011, and that number continues to grow.
More than 250 of these companies sent people to a conference in Sonoma, Calif., this week to learn to get better at finding and investing in new technologies, which are evolving faster than ever. Here are some excerpts of what they were discussing at the Global Corporate Venturing and Innovation Summit.
Image: Caterpillar Ventures in May invested in Yard Club Inc., a San Francisco-based startup that lets contractors rent idle equipment to each other. LUKE SHARRETT/BLOOMBERG NEWS
