Opinion

June 15, 2021

Corporates need a 500-venture strategy

Companies need to put their corporate venturing on steroids and start 25-50 ventures a year every year for 5-10 years.


Anton Schilling

4 min read

When large companies build ventures they are often aiming to build businesses that will account for 10% of corporate revenues within 10 years — the so-called "10 and 10" goal. But given the rates of failure of new ventures, it is impossible to do this with a piecemeal approach, starting just a handful of new businesses a year.

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Anton Schilling

Anton is Managing Director of Pioneers. A technology enthusiast specializing in helping corporates achieve their innovation goals through working with startups and building new ventures. He has experience organizing and planning hackathons, product design sprints, accelerators, and company building programs.

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