In this episode, Christian Hüttenhein speaks with Bastian Halecker, a professor and expert in deep tech entrepreneurship. Together, they delve into the pivotal role of collaboration between corporations and startups, examining the unique challenges deep tech startups face and how corporations can successfully integrate them into their processes and products.

Takeaways:

• Collaboration is the new competition in the startup ecosystem.
• Deep tech startups have different requirements and longer development times compared to traditional startups.
• Corporates need to understand the value of deep tech startups and the importance of finding problem-solution fit.
• Transparency and access to deep tech startups are crucial for successful collaborations.
• Building regional ecosystems and databases can facilitate connections between corporates and deep tech startups.
• Productivity can be improved by focusing on deep work in the morning and administrative tasks in the evening.
• Reading what you love is essential for developing a love for reading.
• The future of innovation lies in the collaboration between corporates and deep tech startups.

Chapters:

00:00 Introduction and Background of Bastian Halecker

02:39 Lessons from the Book 'Dinosaur Meets Unicorn'

05:14 Identifying Use Cases and Breaking Down Challenges

09:54 Involving Deep Tech Startups in Corporate Processes

15:06 Deep Tech Startups in a Weak Economy

22:36 The Death Valley Between Market and Technology Readiness

25:36 Finding Deep Tech Startups and Building Databases

28:42 Increasing Transparency and Access to Deep Tech Startups

31:26 The Importance of Collaboration and Building Regional Ecosystems

34:02 Productivity Tips and Reading What You Love

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtable.com/

In this episode, Christian Hüttenhein speaks with Simon Walter, Chief Strategy Officer of Project A Ventures, about the current challenges in venture capital and the differences between corporate venture capital and traditional venture capital. They dive into key topics like fund sizes, risk diversification, and investment goals, while also discussing exciting future trends that could shape the industry.

Takeaways

• Project A Ventures is an operational VC that provides investment and support to portfolio companies.
• The cross-functional team at Project A, consisting of experts from various fields, helps portfolio companies with strategic challenges.
• The venture capital industry has faced challenges due to the economic downturn, but it has also become more cautious and healthier.
• Corporate innovation strategies have evolved, with a focus on venture clienting and partnering.
• Investing in a venture capital fund like Project A provides not only financial returns but also learning opportunities and access to a diverse deal flow. Corporate venture capital and traditional venture capital have different investment goals and strategies.
• corporate venture capital often focuses on strategic investments and potential mergers and acquisitions (M&A), while venture capital aims to invest and sell for financial returns.
• corporate venture capital can benefit from partnerships with venture capital funds to access promising startups and explore venture partnering or venture clienting opportunities.
• Incentives and goals should be aligned in corporate venture capital to ensure effective collaboration and decision-making.
• The future of innovation may lie in advancements in robotics and hardware, which can improve various aspects of daily life.

Chapters

00:00 Introduction to Project A Ventures and Simon Walther

04:20 The Strategy and Approach of Project A Ventures

06:50 Supporting Portfolio Companies with a Cross-Functional Team

15:58 Challenges and Opportunities in the VC Industry

19:57 The Evolution of Corporate Innovation Strategies

23:07 Investing in a VC Fund: Beyond Financial Returns

30:21 Differences Between CVC and VC

33:03 Investment Goals and Strategies

36:29 Aligning Incentives and Goals

46:47 Benefits of CVC and Partnerships

48:39 Looking for Innovative Solutions

52:22 Future Trends in Robotics and Hardware

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtable.com/

In this episode, Christian Hüttenhein talks with Gerhard Wohland about the importance of collaboration between large companies and startups for driving innovation. Wohland explains why corporations should leverage the strengths of startups and how both sides can benefit from close cooperation. He emphasizes the need for an open culture of innovation and mutual understanding.

Takeaways:

• Large corporations should recognize their limitations in innovation and leverage the strengths of startups.
• Startups excel in generating ideas and solving problems, while large corporations are skilled at implementing processes and scaling.
• Creating a culture of innovation within large organizations is crucial for successful collaboration with startups.
• Protected spaces or high-performance islands are necessary for fostering creativity within large organizations.
• Successful collaboration requires a deep understanding of each other's strengths and weaknesses and a constructive relationship.

Chapters:

00:00 Introduction and Background of Gerhard Wohland

04:08 Importance of Organizational Development and Cooperation

08:41 Requirements for Successful Cooperation

11:51 Organizational Ambidexterity: Exploitation and Exploration

15:46 Dynamic Robust Structures in Large Companies

19:06 The Role of Startups in Innovation

25:15 Collaboration between Large Companies and Startups

32:30 Differentiating Startups from Large Organizations

36:06 The Role of Digital Units and Venture Units

38:32 Maturity of Startups and Collaboration Requirements

44:35 Outlook and Confidence in the Future

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Mehr über Christian Hüttenhein:

Unternehmen: ⁠⁠https://www.pexus-ventures.com/⁠⁠

Person: ⁠⁠https://www.christian-huettenhein.com⁠⁠

LinkedIn: ⁠⁠https://www.linkedin.com/in/christian-huettenhein/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@ChristianHuettenhein⁠⁠

Kalender: ⁠⁠https://calendly.com/huettenhein⁠⁠

Buch: ⁠⁠https://venture-clienting-book.com/⁠⁠

Community: ⁠⁠https://www.venture-client-roundtable.com/