This guest column is by Anjli Jain, Managing Partner at EVC Ventures at I Am Wire
On the record or off, I consider the legendary Fred Wilson’s recent statement that startups accepting corporate venture capital is the same as dealing with the devil, a real bummer.
During his appearance at CB Insights’ Future of Fintech he claimed that corporations shouldn’t just make partial investments in startups. They should simply acquire the startups or not do any investment in them at all. He calls for startups not to accept money by corporate VCs, which according to me is a very unnecessary argument leading to no useful conclusion. According to Mr. Wilson whatsoever, corporations are only good at investing in their own business but very bad at investing in general.
I think he might have gotten few things wrong in that part.
Read the full article here: http://www.iamwire.com/2016/11/in-defence-of-corporate-vc-investment/144911