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Corporate Venturing Insider

Nicolas Sauvage·125 episodes

BusinessExpert interviews20-30 minCVC strategyStartup collaborationBusiness leadersStandalone episodes

Striking Investor Gold one Insight at a Time

Why listen

Corporate Venturing Insider gives you direct conversations with the people shaping corporate venture capital, from Nicolas Sauvage's seat inside the CVC world. Episodes are concise expert interviews with investors, academics, and corporate innovation leaders, focused on how large companies actually work with startups, structure venture teams, and avoid innovation theater. It is a strong fit for CVC professionals, founders selling into enterprises, and business listeners who want practical venture strategy without hype.

Episodes

20 min
Jun 4, 2026Episode 125
Ana Lopes of IBM Ventures on Translating Science, Supporting Founders, and Building the Next Chapter of Corporate Venture Capital

Interviewed March 25th, 2026 at the GCV Monterey SummitIn this episode of Corporate Venturing Insider, Nicolas Sauvage speaks with Ana Lopes of IBM Ventures about her journey from astrophysics and MIT tech transfer to startup building, GE Ventures, and IBM Ventures. Ana shares lessons on translating science from lab to market, why founders should start with the problem rather than the technology, and how corporate VCs can provide “capital plus” through customer access, strategic validation, and go-to-market support. They also discuss IBM Ventures’ focus on enterprise AI, hybrid cloud, and quantum computing, plus how CVC teams can bring market signals back to the mothership.

24 min
May 21, 2026Episode 124
Policy, Capital, and the Future of Innovation: NVCA’s Bobby Franklin on Why VCs and CVCs Must Work Together

Bobby Franklin joins Nicolas Sauvage for a conversation on venture capital policy, the rise of corporate venture capital, AI regulation, and the future of innovation. They explore why exits matter, how Washington misunderstands startups, and why stronger alignment between VCs, CVCs, and policymakers is increasingly critical to sustaining entrepreneurship and technological leadership.Interviewed March 18th, 2026

25 min
Apr 29, 2026Episode 123
600 Bets, Zero Consensus: How Coinbase Ventures Thinks Differently with Hoolie Tejwani

In this episode of Corporate Venturing Insider, recorded on March 24, 2026 at the Global Corporate Venturing Innovation Summit in Monterey, Nicolas Sauvage sits down with Hoolie Tejwani to unpack one of the most unconventional models in venture today.With over 600 investments since 2018, Coinbase Ventures has taken a radically different approach—prioritizing speed, breadth, and ecosystem development over concentrated ownership and control. Tejwani shares how the firm scaled from a decentralized experiment into a high-velocity investment platform, why conviction matters more than consensus, and how Coinbase Ventures operates as an “API” for founders rather than a traditional lead investor.The conversation explores the tradeoffs behind investing at scale, the role of corporate venture alongside traditional VC, and how Coinbase Ventures supports founders without imposing structure too early.Tejwani also reflects on the importance of humility, continuous learning, and regularly “disrupting” internal frameworks to stay adaptive in a fast-moving market.For investors, operators, and founders alike, this episode offers a candid look at how venture models are evolving—and what it takes to build at the edge of an emerging ecosystem.

23 min
Mar 26, 2026Episode 122
What It’s Like Stepping Into a Moving Venture Machine: Laurel Buckner on BHP Ventures

In this episode of Corporate Venturing Insider, Nicolas Sauvage speaks with Laurel Buckner, head of BHP Ventures, about what it takes to step into and lead an already established corporate venture fund. Laurel shares how she approached her first 30 days, aligned with senior leadership, and built on a high-performing team without disrupting momentum. The conversation explores BHP Ventures’ integrated model, its focus across the mining value chain, and how corporate VCs can balance strategic alignment with financial discipline. Laurel also discusses emerging opportunities in AI, critical minerals, and the evolving role of corporate venture capital in today’s innovation ecosystem.Interviewed February 11, 2026

26 min
Mar 12, 2026Episode 121
Inside BASF’s AgroStart Model for Startup Collaboration with Mirella Lisboa

In this episode of Corporate Venturing Insider, Nicolas Sauvage speaks with Mirella Lisboa, Head of AgroStart LatAm at BASF, about how large corporations can turn startup collaboration into real business impact. Mirella explains how AgroStart operates as an open innovation platform connecting BASF business units with startups tackling real agricultural challenges. She discusses how the team structures partnerships around clear problems, measurable KPIs, and disciplined proof-of-concepts to avoid “innovation theater.” The conversation also explores AgroStart’s role as a venture client and how its work feeds insights to BASF Venture Capital. The result is a practical look at how corporates can build internal capacity to respond to innovation.Interviewed February 10th, 2026

21 min
Mar 3, 2026Episode 120
To CVC or Not to CVC: An Examination of Venture Clienting with Francesco Di Lorenzo

In this episode of Corporate Venturing Insider, recorded January 6, 2026, Nicolas Sauvage speaks with Francesco Di Lorenzo of Copenhagen Business School about the evolution of corporate venturing. Drawing on a decade of research, Francesco explores the shift from traditional CVC to venture clienting, examining why collaboration models are gaining traction. He challenges the hype around venture clienting, highlighting hidden OpEx costs, governance friction, and risks of short-termism. The discussion unpacks CapEx vs. OpEx, power law vs. distribution thinking, and how boards should structure venturing for long-term resilience. A thoughtful, critical look at where corporate venturing is headed next.

24 min
Feb 20, 2026Episode 119
Proving Value Before Capital: Patricia Kroondijk on Pilots, VC-as-a-Service, and Corporate Venture Design

Interviewed January 5th, 2026In this episode, Nicolas Sauvage speaks with Patricia Kroondijk of Canon Marketing Japan about building corporate venture capability through venture clienting. They unpack Canon’s VC-as-a-Service approach, why pilots come before investments, and how Japanese corporate culture shapes decision-making. Patricia shares where the platform is heading next as it gains independence.

19 min
Feb 5, 2026Episode 118
The Challenges Facing Corporate Venturing and GCV Leadership with Bill Taranto

In this episode of Corporate Venturing Insider, Nicolas Sauvage sits down with Bill Taranto, founder of the Merck Global Health Innovation Fund and outgoing co-chair of the GCV Leadership Society. Recorded on January 6—just one day after his conversation with fellow co-chair Arvind Purushotham—the discussion offers a rare look at leadership transition inside the global CVC community. Taranto reflects on nearly four decades in corporate venturing, shares hard-earned lessons on strategy, trust, and longevity, and offers candid advice to Sauvage as he assumes the GCV chairmanship. A thoughtful conversation on stewardship, community, and building institutions that endure.Interviewed January 6th, 2026

24 min
Jan 27, 2026Episode 117
Passing the Baton: Lessons from Outgoing GCV Co-Chair, Arvind Purushotham

As Nicolas Sauvage steps into the role of co-chair of the GCV Leadership Society, he sits down with outgoing co-chair Arvind Purushotham of Citi Ventures to reflect on how corporate venturing has matured over the past 15 years. Together, they explore what it takes to build durable CVC programs—covering strategic impact, incentives, governance, and the importance of patience in a long-term venture model.Interviewed January 5th, 2026

25 min
Oct 30, 2025Episode 116
The Compensation Architect: How Jody Thelander Thinks About Incentives, Autonomy, and the Next Decade of CVC

Interviewed October 18, 2025In this episode of Corporate Venturing Insider, Nicolas Sauvage sits down with Jody Thelander, founder and CEO of J. Thelander Consulting, to unpack how compensation shapes autonomy, retention, and performance in corporate venture capital. Together they explore the delicate balance between VC-style incentives and corporate governance. Listeners will learn how to design compensation models that align mission, motivate teams, and earn the mothership’s trust.

26 min
Oct 16, 2025Episode 115
The Scout Bees of Btomorrow Ventures: Guiding BAT Toward Its Next Hive

Interviewed October 6, 2025In this episode of Corporate Venturing Insider, Nicolas Sauvage sits down with Annie Goman, Managing Director of Btomorrow Ventures, to explore how BAT’s venture arm is redefining corporate innovation. Goman shares how she led a strategic reset of Fund II, emphasizing “high alignment and high autonomy” to guide BAT’s transformation beyond nicotine. She also shares her scout bee analogy—describing how Btomorrow Ventures is charting the path to the company’s next hive of growth.

30 min
Oct 2, 2025Episode 114
Inside BMW’s Venture Client Model: Alexandra Renner on Building the World’s First Venture Client Unit

Interviewed September 25, 2025In Episode #113 of Corporate Venturing Insider, Nicolas Sauvage speaks with Alexandra Renner, Program Manager at BMW Startup Garage, the world’s first venture client unit. Alexandra shares her journey from co-founding an augmented reality startup to shaping how BMW collaborates with hundreds of business units and pilots startup technologies at scale. She discusses the evolution of venture clienting, from early challenges to today’s best practices in scouting, piloting, and building lasting partnerships. Alexandra also explains how BMW balances startup speed with corporate rigor, the importance of internal communications, and why starting “big enough” is essential for success. This episode offers practical lessons for corporates, entrepreneurs, and anyone curious about how startups and industry giants can innovate together.

24 min
Sep 18, 2025Episode 113
Talking Corporate Venturing and “When Goliath Needs David” with Valery Yakubovich from Wharton's Mack Institute

Interviewed August 15th, 2025In this episode of Corporate Venturing Insider #112, Nicolas Sauvage speaks with Valery Yakubovich from Wharton’s Mack Institute about his latest report on corporate venturing. Valery explains how CVC has evolved from “David vs. Goliath” disruption toward symbiotic partnerships, where corporations and startups co-create value. The conversation unpacks six core corporate objectives—from risk management to ecosystem building—and explores emerging practices like venture clienting, venture building, and even AI-enabled startups.

24 min
Sep 4, 2025Episode 112
“Steady as She Goes”: Intel Capital Veteran Tammi Smorynski on Boards, Down-Cycles, and Why She’s Teaching the Next Generation

Interviewed August 14, 2025Nicolas Sauvage interviews Tammi Smorynski—24-year Intel Capital veteran and now GCV Institute instructor—on her winding path from J.P. Morgan to venture and why great CVCs must balance strategic impact with financial discipline. She shares boardroom best practices (say the hard thing first, observers can be powerful, use her eight-slide handover pack) and lessons from Intel Capital’s leaders summed up by Les Vadasz’s mantra: “steady as she goes.” Smorynski compares past downturns to today’s uncertainty, offers guarded optimism for deep-tech hardware, and urges aspiring CVCs to find mentors, treat failures as tuition, and prepare rigorously.

26 min
Aug 20, 2025Episode 111
What Kind of Investor Do You Want to Be? A Conversation with Mike Smeed of InMotion Ventures

On July 21st, 2025, Corporate Venturing Insider welcomed Mike Smeed, Managing Director of InMotion Ventures, the CVC arm of Jaguar Land Rover. In conversation with Nicolas Sauvage, President of TDK Ventures, Mike shared how InMotion balances strategic alignment with entrepreneurial agility through its evergreen structure, fast decision-making, and clear corporate engagement. The episode explores the central question guiding his journey: what kind of investor do you want to be?

26 min
Aug 4, 2025Episode 110
How Game Theory, Gut Instinct, and Long-Term Thinking Shape Great Venture Capitalists: A Conversation with Matt Rhodes-Kropf

Tune into our conversation with Matt Rhodes-Kropf, Managing Partner at Tectonic Ventures and Professor at MIT Sloan School of Management.Interviewed on March 28th, 2025

26 min
Jul 9, 2025Episode 109
Boundary Rules & Breakthroughs from Temple Fennell from Clean Energy Ventures

Interviewed May 5th, 2025In Episode 108 of Corporate Venturing Insider, Nicolas Sauvage sits down with Temple Fennell, cofounder and managing partner at Clean Energy Ventures. Temple shares his journey from systems engineer to climate-focused investor, offering insights into launching the CREO Syndicate and building Clean Energy Ventures. He breaks down his investment framework—like boundary rules and watch mode—and reflects on the evolving role of CVCs in climate tech. This episode is packed with strategic lessons for investors, founders, and innovation leaders.

24 min
Jun 25, 2025Episode 108
Bridging Founders and Funders: Lessons from Angela Lee of Columbia Business School and 37 Angels

Tune into our conversation with Angela Lee, Professor of Professional Practice at Columbia Business School.Interviewed on April 15th, 2025In this episode of Corporate Venturing Insider, Nicolas Sauvage sits down with Angela Lee, founder of 37 Angels and professor at Columbia Business School, to unpack her unconventional path from founder to investor and educator. Angela shares how she built 37 Angels to close both the knowledge and diversity gaps in angel investing, while offering frameworks for diligence, decision-making, and founder evaluation. The conversation also explores the evolving role of corporate venture capital, including its strategic potential, pitfalls like rights of first refusal, and practical advice on how CVCs can truly support startups.

27 min
Jun 11, 2025Episode 107
A Liberal Arts Approach to Private Equity and Venture Investing with Gustavo Schwed of NYU Stern and Princeton

Tune into our conversation with Gustavo Schwed, Professor of Finance and Professor of Management Practice at NYU Stern School of Business.Interviewed on March 4th, 2025https://cv-insider.com/

26 min
May 29, 2025Episode 106
Flying Solo: How Bonny Simi Launched JetBlue’s Venture Arm—and Landed Joby

Join Bonny Simi, President of Operations at Joby Aviation and former founder of JetBlue Ventures to discuss her corporate venturing career. Interviewed March 19th, 2025 at GCVI 2025 Summit in Monterey, CA. Hosted by Nicolas SauvageFind the Full Episode here: https://cv-insider.com/

27 min
May 15, 2025Episode 105
Chasing the Future with Steve Westly, founder of The Westly Group

In this episode of Corporate Venturing Insider, Steve Westly—Founder and Managing Partner of The Westly Group, and former Controller and Chief Fiscal Officer of the State of California—joins Nicolas Sauvage for a wide-ranging conversation on investing, innovation, and leadership.Recorded live at GCV Monterey on March 20, 2025, Steve shares hard-earned lessons from his journey through public service, IPOs, and nearly two decades of venture investing. From early bets on Tesla and Luminar to his views on AI, cost curves, and the role of corporate LPs, Steve offers actionable advice for fund managers, founders, and corporate leaders alike. Listen here!Interviewed March 20, 2025

25 min
Apr 29, 2025Episode 104
How Megann Watters Turned Science-First Investing into Strategic Wins at LabCorp

Interviewed on March 19th, 2025Megann Vaughn Watters shares her journey from biomedical engineering to one of healthcare's most strategic corporate venture funds at LabCorp. She and Nicolas Sauvage discuss lessons in sourcing innovation, managing a fund of funds, partnering with startups, managing a growing portfolio, and scaling strategic value across the enterprise.

23 min
Apr 10, 2025Episode 103
The Global Edge: Joe LiPuma on CVC’s Strategic Role in International Expansion

Tune into our conversation with Joseph LiPuma, Associate Professor In Global Business, Strategy And Innovation at the Boston Questrom School of Business.Interviewed on March 6th, 2025

27 min
Mar 27, 2025Episode 102
From Private Equity to CVC: Steven N. Kaplan, One of the Galaxy’s Top Experts, Shares His Research

Tune into our conversation with Steven Kaplan, Professor of Entrepreneurship at the University of Chicago Booth School of Business.Interviewed on March 3rd, 2025

26 min
Mar 12, 2025Episode 101
Jeff Bussgang Talks AI-Forward Strategies, CVC Best Practices, and Flybridge’s Road to Success

Tune into our conversation with Jeffrey Bussgang, General Partner and Co-Founder, Flybridge Capital Partners; Senior Lecturer, Harvard Business School, Author of the new book The Experimentation Machine.Interviewed on February 6th, 2025

25 min
Mar 6, 2025Episode 100
The Power of Ecosystem: Victoria Slivkoff on Juggling Three Full-Time Roles

Tune into our conversation with Victoria Slivkoff, Executive Managing Director of Extreme Tech Challenge (XTC) and later the Head of Ecosystem at Walden Catalyst, Interviewed on February 28th, 2025

27 min
Feb 5, 2025Episode 99
Intel, Apple, and Europe's 50-Year VC Revolution: A Conversation with Oxford's Thomas Hellmann

Tune into our conversation with Thomas Hellmann, Professor at the University of Oxford's Saïd Business School.You can also read his case study from Stanford on Apple's CVC in the 80's or read the article on the interview here.Interviewed on January 14th, 2025

28 min
Jan 23, 2025Episode 98
From Finance to Philanthropy: Lisa Hehenberger on the Rise of Venture Philanthropy and Impact Investing

Tune into our conversation with Lisa Hehenberger, Associate Professor and Director a of the Esade Center for Social Impact.Interviewed on January 16th, 2025

25 min
Jan 16, 2025Episode 97
Melbourne’s Next Big Leap: Unlocking Australia’s Venturing Potential with Colin McLeod

Tune into our conversation with Colin McLeod, Professor and Executive Director of the Melbourne Entrepreneurial Centre at The University of MelbourneInterviewed on January 15th, 2025

25 min
Dec 20, 2024Episode 96
90% Exploration: How GTT Strategic Ventures Finds the Future of Maritime Innovation with Hélène Loncin

Tune into our conversation with Hélène Loncin, Head of Venture Capital at GTT Strategic Ventures.Interviewed on December 13th, 2024

26 min
Dec 11, 2024Episode 95
Unlocking 'the Venture Mindset' Beyond CVC: Insights from Ilya Strebulaev

Tune into our conversation with Ilya Strebulaev, the The David S. Lobel Professor of Private Equity at the Stanford University Graduate School of Business and author of "The Venture Mindset", a bestselling book on corporate innovation.Interviewed on October 29th, 2024

27 min
Dec 3, 2024Episode 94
From Horseback to Carbon Curves: Decarbonizing with Diane Frachon of SLB New Energy

Tune into our conversation with Diane Frachon, Director New Energy UK & Corporate Ventures for SLB.Interviewed on November 29th, 2024

28 min
Nov 14, 2024Episode 93
Sailing to Scaling: Investor Alejandro Solé's Journey in Energy Transition

Tune into our conversation with Alejandro Solé, CIO of TechEnergy Ventures.Interviewed on November 4th, 2024

26 min
Oct 31, 2024Episode 92
To Sit or Not to Sit with Sophie Dingreville of bp pulse

Tune into our conversation with Sophie Dingreville, Global Product Partnerships & Innovation Director of bp pulse.Interviewed on October 28th, 2024

26 min
Oct 24, 2024Episode 91
Failure, Hobgoblins, and M&A: Dr. Dennis Charlebois on the Start-up Journey

Tune into our conversation with Dr. Dennis Charlebois, Professor of entrepreneurship at the Santa Clara University Leavey School of Business.Interviewed on October 18th, 2024

26 min
Oct 2, 2024Episode 90
Wishlist to Wins: Empowering Founders with a Proactive Platform Team

Tune into our conversation with Galina Ozgur, Vice President of Platform for H/L Ventures.Interviewed on September 30th, 2024

26 min
Sep 19, 2024Episode 89
Investing with Purpose: Inside the Gates Foundation’s Strategic Investment Fund

Tune into our conversation with Archana Srivatsan, Head of Investment for South & South-East Asia for the Gates Foundation Strategic Investment Fund (SIF).Interviewed on September 12th, 2024

26 min
Aug 22, 2024Episode 88
Catalyzing Innovation & The Dotted Line with National Grid Partners

Tune into our conversation with Swati Dasgupta, former Director at National Grid PartnersInterviewed on July 15th, 2024

27 min
Aug 8, 2024Episode 87
Beyond the Golden Triangle: Exploring UK Innovation with Future Planet Capital

Tune into our conversation with Sakura Holloway, Investment Director at Future Planet CapitalInterviewed on June 18, 2024

30 min
Jul 25, 2024Episode 86
The Voice of the Entrepreneur

Tune into our conversation with Conrad Burke, Managing Partner of MetaVCInterviewed on April 29, 2024

29 min
Jul 11, 2024Episode 85
The Art of the Fresh Look: From Chips to Cloud

Tune into our conversation with Rohini Chakravarthy, Managing Partner at NewBuild Venture CapitalInterviewed on April 23, 2024

31 min
Jun 21, 2024Episode 84
Special Episode | Corporate Venturing Insider

Listen to James Mawson of GCV, Bedy Yang of 500 Global, Claudia Fan Munce of NEA, Nicolas Sauvage of TDK Ventures, and Phoebe Wang of Amazon's Climate Pledge Fund during this special episode hosted by Alastair Goldfisher, former editor of the Venture Capital journal for Reuters.Hosted on June 3, 2024

31 min
Jun 20, 2024Episode 84
Special Episode | Corporate Venturing Insider Webinar

Listen to James Mawson of GCV, Bedy Yang of 500 Global, Claudia Fan Munce of NEA, Nicolas Sauvage of TDK Ventures, and Phoebe Wang of Amazon's Climate Pledge Fund during this special episode of hosted by Alastair Goldfisher of EON.

27 min
May 30, 2024Episode 83
The Person Behind the Builder

Tune into our conversation with David Lee, Executive Vice President at Samsung Next Interviewed on April 11, 2024

26 min
May 30, 2024Episode 82
Swisscom Ventures: Wielding Autonomy to Create Partnerships

Tune into our conversation with Jennifer Webb, Investment Director at Swisscom Ventures Interviewed on March 14, 2024

26 min
May 30, 2024Episode 81
Touchdown Tech: Accelerating the Future of the Sports Experience

Tune into our conversation with Jenna Kurath, Vice President at Comcast NBCU SportsTech Interviewed on March 14, 2024

25 min
May 30, 2024Episode 80
Beyond the Pitch: Citi Venture’ Arvind Purushotham Talks CVC Credibility and Goal Alignment

Tune into our conversation with Arvind Purushotham, Head of Ventures at Citi Ventures Interviewed on March 13, 2024

26 min
May 30, 2024Episode 79
Renaissance Woman: Lessons in Adaptability and Mentorship with Cargill Ventures’ Erin VanLanduit

Tune into our conversation with Erin VanLanduit, Head of Corporate Ventures at Cargill Ventures Interviewed on March 13, 2024

25 min
May 30, 2024Episode 78
The Intrapreneur Mindset: Talia Abramowitz on Founding of Deloitte Ventures

Tune into our conversation with Talia Abramowitz, Managing Partner at Deloitte Canada Interviewed on February 22, 2024

25 min
May 10, 2024Episode 77
Energizing Tomorrow: Talking with a CV Tsar

Tune into our conversation with Sarit Soccary, Managing Partner at Delek US Holdings Interviewed on January 04, 2024