BuiltWorlds 2023 Venture West Conference: The State of Strategic Funds

Strategic funds may have distinct incentives that differentiate them from the traditional venture capitalist, making a clear benchmark to measure success hard to define. This panel moderated by Dan Laboe, Director of Venture & Investment Research at BuiltWorlds, featured five speakers: Eric Lamb, Director of DPR Construction; Cutler Knupp, Director of Strategy and Technology Investment at Haskell; Mateo Zimmermann, Venture Capital Director of CEMEX Ventures; Prabhakar Karri, Director at Andersen Corporation and Jennifer Marcus, Director at Home Depot. Within this panel discussion, the advantages and disadvantages of launching an off-balance sheet strategic fund, along with whether it is a suitable strategy for an organization.

The speakers discussed the current market and its current struggles within Q1 of 2023, and how VC will persist and exhibit resilience despite market conditions.There are many nuances connected to venture capital within the…