Corporate Venture Capital: Legal and Other Considerations

Corporate venture capital (“CVC”) is on the upswing and playing an increasingly important role in venture finance and the strategies of emerging tech companies.  The recent Q4 Venture Monitor report showed that in 2018, CVC groups participated in 1,443 venture capital deals, or 16.1 percent of all the U.S. transactions. CVC transactions raise a range of special considerations, both from the perspective of the CVC as well as the issuing company and its existing shareholders. This CLE will examine a select set of issues that arise in this context with the goal being to improve the general awareness of these issues and to provide a framework for working through them efficiently in the context of quickly moving and often complex financing transactions.  More specifically, the panel will focus the discussion on the following three topics: control rights, information rights, and special notice and other rights related to an acquisition of the company.