Startup Funding Espresso -- Best Practices in Working With Corporate VCs
b'Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In working with corporate VCs, follow these best practices: Consider access to the R&D departments of the corporate VC and how much value that will add to your startup. Document your work and innovation in great detail as corporate VCs will want to understand the technology and the ecosystem in greater detail than traditional VCs. Proactively educate the corporate VC on your technology and what value it can bring. Adjust the amount of funding you take from the corporate VC so as to control the amount of influence they have over the startup. Understand the timeframe of the corporate VC engagement. In many cases, it\\u2019s much longer than the traditional VC. Know your exit strategy and what comes after the relationship with the corporate VC ends or reaches a steady state. Leverage the relationship with the corporate VC for partnerships. Utilize the brand of the corporate VC to help gain access to customers.\\xa0 Expand your domain knowledge through the resources of the corporate VC such as attending conferences, collaborating on white papers, and working on research projects. Use the corporate VC funding to gain access to additional funding outside the corporate world. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \\xa0 Check out our other podcasts here: \\xa0 For Investors check out: \\xa0 For Startups check out: \\xa0 For eGuides check out: \\xa0 For upcoming Events, check out \\xa0 For Feedback please contact info@tencapital.group\\xa0\\xa0 Music courtesy of'