Corporate Venture Capital (and its inevitable conclusions)

The good news is, there’s a ton of capital in the venture arena these days. That’s probably a confluence of two major tends: 1) an extended economic expansion where firms have excess liquidity and need to find clever ways to invest it and 2) the realization that technology is taking over every industry sooner or later (i.e. hedging).

The bad news is, there’s a ton of capital in the venture arena.

The basics of supply and demand dictate that some silly things start happening when too much capital chases too few quality deals. But that’s a topic for another day.