The single most important factor that drives the success of a venture fund, corporate-backed or other, who have the choice on whose money to accept, will look for a VC partner who can empathize with their journey, who can truly add value, and who they believe they can trust. Both these forces together imply that CVCs need to engage executives who are rooted in the startup and venture world, not just have a corporate strategy or M&A background.
The Wright Partnership fits in right there. As entrepreneurs, we have built ventures, raised money, and existed and can speak with the founders and entrepreneurs understanding the fears, challenges, and hopes. As investors, we have made and lost money, have looked to mitigate risk, and create financial value across the life cycle of companies. As consultants, we have advised all levels of management in large-scale organizations, understanding their fears, challenges, and hopes, and appreciate budget constraints, stakeholder management, and corporate culture.
As operators, we come with a deep understanding of the venture ecosystem, and hence an ability to bring you deals, identify co-investors and mobilize subject matter experts. We enjoy the sometimes Sisyphean task of day to day execution far away from the praise of the media. We can represent your CVC in public space, or operate under bonnet.