Join us for “Masters of Corporate Venture Capital (CVC) Forum” Hosted by Rubicon Venture Capital and Baker Botts

Join us for an intimate half day discussion and seminar focused on Corporate Venture Capital (CVC) with time for networking drinks and canapés. Designed for senior executives at corporations considering launching a CVC or already actively managing a CVC either directly investing into startups, investing into VC funds or both. Andrew Romans, the author of the leading book covering this topic and General Partner at VC fund Rubicon Venture Capital will lead a seminar and interactive discussion collapsing decades of experience and wisdom into a half-day session. Neil Foster, Partner of Baker Botts will also lead a 90 minute session on “Terms Sheet Terms and Deal Execution”.

The seminar will cover:

• Why corporates establish CVC groups

• How to establish a list of top priorities of strategic and financial objectives

• How to convince your board to commit to a CVC program

• How to structure the strategy and fund from a branding, legal and investing strategy

• How to achieve strategic goals while generating profit and ensuring evergreen longevity of the CVC

• Case studies highlighting best practices, classic and expensive mistakes to avoid

• Understand specific mistakes CVCs make and specific strategies to avoid these and achieve stated objectives

• Recommended government policy and implications for national economies related to CVC and venture capital

Romans will share his insights from over 100 interviews with leading CVCs in the US, Europe and Asia in addition to 20 years of experience of raising funding from CVCs and investing alongside them. Please note this event is limited to senior exectutives of corporations, conglomerates, existing CVCs and family offices. If you have any questions please contact mat@rubicon.vc

Ticket includes 1 copy of Romans' new book. Find it and review on:

Amazon.co.uk and on Kindle.

Agenda

• 12:00 - 12:15pm: Registration & networking
  

• 12:15pm - 1:00pm: Networking lunch & welcome remarks from Neil Foster, Partner, Baker Botts
  

• 1:00pm - 2:15pm: Andrew Romans presents key findings on best practices of CVCs with an interactive Q&A session throughout
  

• 2:15pm - 3:00pm Neil Foster, Partner, Baker Botts presents “Terms Sheet Terms and Deal Execution” with input from Andrew Romans
  

• 3:00pm - 3:15pm: Coffee & networking break

• 3:15pm - 4:00pm: Continuation of “Terms Sheet Terms and Deal Execution”

• 4:00pm - 4:30: Review of CVC case studies from Andrew Romans
  

• 4:30pm - 5:30pm: Closing remarks, round table discussion, networking drinks & canapés

Topics to be Covered

The Big Picture: Why Corporates Need CVC and Why They Do It?

1. Decisions every corporate must make when deciding to access external innovation via CVC

2. Review of baseline references of how many well-known CVCs are structured and operate via case study analysis

3. Understanding goals and objectives – why are you doing this?

4. Understand how employee goals affect new and existing CVC units

5. How to structure and incentivize CVC employees

Drafting a CVC “Constitution”

1. How to prioritize objectives and goals, metrics for success and make all decisions to maximize success?

2. How to structure the CVC legal entity - invest off balance sheet, fund structure, evergreen?

3. How to generate deal flow, get into deals and build a positive VC brand?

4. How to maximize information transfer from CVC to the corporate?

5. How to leverage internal ideation into intrapreneurship?

Portfolio Construction - Stages and Sectors

1. How to set strategic and financial goals? Program must be profitable to endure over time

2. How much capital to allocate over what period of time? Expectations for exits, IRR and cash-on-cash returns

3. How to invest with a "fund" mindset with diversified portfolio balance and time frame to exit?

4. What stages, sectors and geographies to invest in & what percentage of the fund should be allocated to each?

5. Creating specific customized rules and framework for investing criteria and portfolio balance

6. Where to locate the CVC office or offices and how to staff and compensate the team?

7. How to structure staff resources and formalize contact with Corp Dev and Business Units

8. Executive to CVC rotation programs and Rubicon's LP-IR program

9. How to build and maintain relationships with VCs and startups and build your brand despite negative view of CVC

10. Selection committee, governance and investment decisions for small, follow on and large investments

11. Fund of Funds Strategy

Other Issues

1. Other innovation programs, accelerators and alternatives to access external startup innovation

2. Legal issues to consider

3. Why most CVCs fail and are hated by entrepreneurs and VCs

“It is fair to say that not all CVCs are able to keep their promise of adding value, but when they do, it is certainly one of the most powerful ways to accelerate the growth of a startup. Masters of Corporate Venture Capital is essential reading for entrepreneurs, VCs and CVCs.” —FREDERIC ROMBAUT, Managing Director, Cisco Investment; cofounder, Qualcomm Ventures & Director, Apax Partners

If you want to host or sponsor a CVC event anywhere in the world please get in touch: mat@rubicon.vc

Interested in a little pre-reading? Check out two free chapters from Andrew Romans' previous book The Entrepreneurial Bible to Venture Capital: Inside Secrets From the Leaders in the Startup Game.

Free M&A chapter “Which Way to the Exit?”

Free liquidity & secondary market chapter "Ladder to Liquidity: The Secondary Market"

Special thanks to Neil Foster and Baker Botts for hosting this event.

Connect with Rubicon Venture Capital on

Twitter | Facebook | AngelList

Disclaimer

Events are not to be considered as General Solicitation as no forward-looking financial statements nor investment opportunities will be discussed or presented.

All persons attending the event are subject to approval by Rubicon VC and may be denied entrance based on inappropriate activity, actions or background.

Venture capital and angel investments involve a high degree of risk, and are only suitable for "accredited investors" as defined by the U.S. Securities and Exchange Commission. The information contained within this message is not an offer to purchase or solicitation to sell securities or any other financial instrument of any kind.