Eric Benhamou Defines the Critical Requirements of Corporate Venture Capital in the future of Corporate Growth
Posted 04/14/05 at 1:57 pm
On April 14, 2005 before the tax filing day, SVA membership enjoyed a pleasant evening at Wilson Sonsini Goodrich &Rosati premises. Chief Guest was Eric Benhamou, former CEO of 3Com and current chairman of Palm One and Palm Source Board of Directors and managing his venture fund called Benhamou Capital. In a very insightful presentation to Corporate Venturing Professionals, Eric shared his experience in starting a corporate venture organization at 3Com. He extorted CV professionals to become more active and predicted an increasingly important role for Corporate Venture Capital. His contention focused on the operational short comings of traditional venture capital organization who although excel in financial engineering, but lack in operational expertise. Over 40 Corporate venture Professionals attended the 2 hour session.
