meta_pixel
Tapesearch Logo
Log in
Scouting for Growth

The Four Types of Investment

Scouting for Growth

Sabine VanderLinden

Business:entrepreneurship, Business, Entrepreneurship, Technology

4.8 • 35 Ratings

🗓️ 6 January 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Corporate venturing isn’t about placing bets. It’s about designing advantage over time. In this episode of Scouting for Growth, Sabine VanderLinden steps back to decode the four investment strategies that shape corporate venturing—and why some organisations consistently win while others quietly exit the game. The episode opens with a clear framework leaders can actually use: Driving investments – strategic and tightly linked to operational capabilities Enabling investments – strategic, but loosely connected to today’s operations Emerging investments – financially driven, closely tied to future growth metrics Passive investments – primarily financial, with the loosest strategic connection Understanding when and why to deploy each strategy is what separates intentional venturing from opportunistic experimentation. Sabine then maps these investment types against the three evolutionary phases of corporate venturing—and the traits that define winners at each stage. In the Startup Phase, successful venturing units share three essentials: A clear vision translated into a defined charter and operating model A strong, experienced team blending internal credibility with venture expertise Explicit milestones and expectations to track progress and performance As programmes mature into the Expansion Phase, the focus shifts. Winners demonstrate: Agility in refining portfolio focus and strategic intent Purposeful approaches to recruiting and retaining venturing talent The institutionalisation of the corporate venturing platform The most advanced organisations reach the Resiliency Phase—where venturing becomes a sustained growth capability. These leaders: Embed corporate venturing as a strategic influence on parent growth Operate purpose-built, end-to-end investment platforms Actively manage communities, insights, and communication to scale learning across the enterprise The message is clear: corporate venturing is no longer an experiment. It’s a lever for navigating seismic change across industries—from insurance to mobility, energy, and beyond. Sabine also challenges a common misconception: passive investment isn’t failure. In fact, when sequenced correctly—after Driving, Enabling, and Emerging strategies—it can be the most effective way to generate long-term financial returns. This episode is essential listening for leaders asking: Which investment strategy fits our growth ambition today? How do we evolve our CVC model without losing focus or credibility? What does “winning” in corporate venturing actually look like over time? Because the future won’t be shaped by organisations that venture occasionally—but by those that venture with intent, structure, and resilience. 🎧 Tune in—and ask yourself: is your corporate venturing program designed to survive… or to scale?

Transcript

Click on a timestamp to play from that location

0:00.0

In the previous podcast, I define corporate adventuring.

0:20.7

In this podcast, I'd like to highlight four

0:23.5

types of investment that will help frame future conversations, and also highlight who are the

0:31.5

winners of corporate venturing today. There are four types of investment that have been shown as great strategies. And this is based on

0:42.1

a study from Henry Chesbrough, which he wrote as part of a research called Making Sense of Corporate

0:50.8

Venture Capital, which was published by Harvard Business Review.

0:56.1

This is a model which I very much like because it is easy to understand.

1:01.4

So there are four types of key investment, and those are called driving, enabling, emerging,

1:10.2

and passive.

1:11.5

So imagine a 4x4 matrix where you have two axes from left to right,

1:17.1

strategy to finish returns, objectives are highlighted,

1:21.6

and then top down how closely the capabilities which are delivered are linked with the corporate center.

1:28.3

So visualize.

1:29.3

I will start with the top left corner.

1:31.3

This is where investment that are tightly linked to strategy are located.

1:36.3

Those are called driving investment.

1:39.3

The rational here is that startups selected are linked extremely closely to the operation of a corporation.

1:48.9

The VCR works closely with the group's existing businesses to share information,

1:54.6

qualify investment opportunities and connect portfolio companies to its internal initiatives.

2:00.3

The second type of investment are called enabling investments. and connect portfolio companies to its internal initiatives.

2:05.0

The second type of investment are called enabling investments.

2:08.3

These investments are still strategic,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Sabine VanderLinden, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Sabine VanderLinden and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.