The meeting of about 34 senior corporate venturing executives in the Covid-19 Venture Crisis Forum on Wednesday identified the global concern the disease from the Coronavirus is causing.
While the current attention is on the Coronavirus, deals are still happening.
The Ping An subsidiary is providing strategic assistance to portfolio companies during the Covid-19 pandemic, though managing director Lacey cautioned that startups with high burn rates are facing high risk.
Corporate venturing has always been a more collaborative part of financial services than most other areas and so it has been heartening to have so many of the industry leaders step up to share insights on how the current Covid-19 crisis might be eased or create new opportunities.
In the first of a new series, Dominque Mégret, head of Swisscom Ventures, tells GCV that the Covid-19 crisis could lead to a greater contrast between CVC's winners and losers.
Kim Armor at Comcast Ventures showed why she was ranked so highly (#1) in the GCV Emerging Leader awards at the end of January after including Alphabet’s GV and Salesforce Ventures in an initial discussion last week on the Coronavirus and how it might impact their units and the broader industry.