Venture Capital (Corporate)

• Corporate venture capital can allow larger companies to participate in agile startup ecosystems
• Corporate VC sometimes used to distance large firms from risk, as in financial tech area
• May be hard to integrate startups into larger enterprise 
• Rationale for investment varies: investment portfolio diversity, intellectual property acquisition, talent acquisition, mergers with other companies or capabilities

Examples:

• VC efforts within large companies
• GV (formerly Google Ventures)
• Citi Ventures
• StartupBootcamp

Uber + Didi

• Various regulatory influences
• Didi supported by Chinese government’s endorsement of ridesharing services
• Uber variously blocked or actively supported by many local governments
• Ugly wars with traditional taxi companies, etc, who fought over whether Uber should be defined as a taxi service or not
• Lyft attempted to circumvent taxi rules by not charging riders, but asking for a ‘gift’ to the driver
• Uber negotiates to pay airports for access to pick up riders
• Uber will pay tickets for drivers in some jurisdictions if ticket is related to being a ridesharing provider

San Francisco + Getaround

• SF city set aside hundreds of street parking spots for carsharing services
• Street value of $500-1,000 apiece
• Indication of public-private partnership, regulatory incentives