АНАЛИЗ ФАКТОРОВ РАЗВИТИЯ СИНДИКАТА КЛАССИЧЕСКОГО И КОРПОРАТИВНОГО ВЕНЧУРНЫХ ИНВЕСТОРОВ
The paper analyzes the features of corporate venture financing. The features of corporate and classic venture funds are shown.
The analysis of the organizational forms of venture capital funds and the analysis of the organizational and legal forms of a startup in Russia. Taken together, this allows for an analysis of the legal aspects of the VC syndicate.
The paper shows various motives and aspects of financing startups with the participation of classical and corporate venture funds, which reflect the complementarity of such a syndicate. The main advantages of corporate and classic venture funds are shown. For corporate venture capital funds, the benefits can be expressed in the following three points:
- technological know-how;
- market entry strategy;
- subject area expertise.
For classic venture capital funds, the benefits can be reflected in the following aspects:
- focus on high financial results of a startup;
- legal and reputational benefits of a corporate venture fund from
an alliance with a classic venture capital fund;
- relatively low sensitivity of the strategic course of a classic venture capital fund to changes in the macroeconomic environment.