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The Rise of CVCs and Startups
Companies are using CVCs to address increased customer expectations, more competition. A lot of traditional value pools and business models are under threat because these technological trends are accelerating. If you're a company that are under attack or potentially one of the leverages advantages, you can't just throw all of this at your conventional R&D department. You have to find a way to create more service area for you to gain optionality against these trends.