In this episode,
Andreas Munk Holm and
Jeppe Høier sit down with
Florian Noell, PwC’s Global Venturing & EMEA Startups & Scale-ups Leader. Florian draws on his rare blend of experience as a founder, ecosystem advocate, and now corporate innovator to unpack the evolution—and missed opportunities—of corporate venture capital across Europe.
They delve deeply into what distinguishes enduring CVCs from the 3.7-year average lifespan, how to avoid wasting money as a corporate angel, and the structural shifts needed to transition from optics to outcomes. With both realism and optimism, this is a masterclass on corporate-startup collaboration done right—and wrong.
This one’s for ecosystem builders, corporate strategists, and VCs looking to make CVC work in the long term.
Here’s what’s covered:
- 02:10 | Two Hats, One Mission: How Florian Took His Founder Lens to PwC
- 05:50 | What Great Corporate-Startup Collaboration Looks Like
- 08:30 | Why CVCs Die After 3.7 Years—and How to Beat the Odds
- 11:20 | Structuring for Success: The 10 Building Blocks to a Lasting CVC
- 14:00 | Venture Clienting vs. Venture Investing
- 17:40 | The Case for Later-Stage Investing—If You Can Afford It
- 21:15 | LP Investing as a Smart Starting Point
- 25:50 | Policy’s Role: Useful, But Not the Magic Fix
- 30:00 | Changing the Corporate Mindset
- 34:00 | Why Corporates Don’t Reinvent Themselves—And What to Do About It