Corporate Venture Building

Discover how our Corporate Venture Building team designs and delivers transformative new businesses by leveraging corporate endowments.

Related topics

Strategy and Transactions

Strategy by EY-Parthenon

The team

Photographic portrait of Praveen Arivazhagan

Praveen Arivazhagan

Chief Venture Builder and EY-Parthenon Americas Corporate Venture Building Leader

Photographic portrait of Danielle Ullner

Danielle Ullner

EY-Parthenon Senior Venture Builder – Industrials and Energy Venture Lead, Ernst & Young LLP

Photographic portrait of Chris Stutzman

EY-Parthenon, Senior Venture Builder, NY Venture Garage Leader, Ernst & Young LLP

What it means to build a corporate venture

Traditional business models are being challenged by evolving customer behaviors, value chain disruption and venture-backed startups. The life-span of Fortune 500 companies is rapidly shrinking, with the list constantly changing. However, established companies can leverage key assets, such as their brands, customer base, salesforce and organizational capabilities.

With corporate venture building, leaders look at those endowments with an entrepreneurial mindset and quickly turn them into the backbone for new businesses that open new avenues for growth, boost profit and loss (P&L), and scale to be corporate unicorns. Chief executive officers (CEOs) need to change the incumbent mindset by mirroring venture capital traits to develop disruptive corporate unicorns using their companies’ endowments.

Are you ready for TENx growth?

The EY-Parthenon Corporate Venture Building framework is centered around triggers, endowments and how they spur and support an enhanced or totally new P&L for your business, getting to day 100 on day 1.

Addressing growth triggers by leveraging endowments to deliver next-gen P&L

Addressing growth triggers

Triggers that drive change:

Evolving customer behavior
Consumer engagement
Disruption in value chain
Burning platform for growth and innovation

By leveraging endowments

Leverage your endowments:

Customer and brand
Distribution
Intellectual property (IP) and capabilities
Access to resources

To deliver next-gen P&L

Bottom line benefits

Translate endowments to P&L

Lower customer acquisition cost
Lower opex and capex

Experience faster time to cash neutrality

Lower peak funding
Approximately two years to cash neutrality

Gain a 2x-5x multiple of the parent company

Endowment leverage
Asset light (build-buy-partner)

Our approach to corporate venture building

Our team uses a proven approach to help catapult your breakthrough idea to a self-funding unicorn. Click on each item below to learn more:

Originate:

The “Think Tank” phase involvesthe initial ideation and conceptualization of the breakthrough business idea.

Render

The “Seed” stage focuses on developing the initial product or service with fact-backed valuation.

Bootstrap

The “Series A” stage involves scaling the venture with initial funding and prototype valuation.

Institute

The “Series B” stage is about establishing the venture firmly in the market.

Transcend

The final “Series C” stage aims at achieving long-term success, sustainability and scale to corporate unicorn.

Experience in delivering results

The EY-Parthenon Corporate Venture Building team has in-depth experience working side by side with clients to bring new ventures to life:

Corporate unicorn playbook: the growth platform for next-gen P&L

Watch the series to learn key steps for corporate venture building as a growth platform to unlock value in different sectors. Explore the full series.

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The Corporate Venture Building team

Praveen Arivazhagan

Chief Venture Builder and EY-Parthenon Americas Corporate Venture Building Leader

Venture builder, P&L architect, innovator, storyteller.

New York, NY, United States

Danielle Ullner

EY-Parthenon Senior Venture Builder – Industrials and Energy Venture Lead, Ernst & Young LLP

Operator, investor, builder and scaler. Mentor and advocate. Girl mom.

McLean, VA, United States

Chris Stutzman

EY-Parthenon, Senior Venture Builder, NY Venture Garage Leader, Ernst & Young LLP

Business builder. Investor. Optimist.

Navanita Krishna Nathan

Partner, Strategy and Execution, EY-Parthenon, Ernst & Young LLP

Transactions junkie and digital business builder. Motivated by my team to do better every day. Keeps family and community core to my purpose.

Raju Sarma

EY-Parthenon Senior Venture Builder, LA Venture Garage Leader, Ernst & Young LLP

Venture builder, investor, human citizen.

Los Angeles, CA, United States

Lauren Schmeer

EY-Parthenon, Senior Manager and Venture Builder, Ernst & Young LLP

Growth strategist, venture builder, and consumer enthusiast working with leading corporates and investors at the intersection of digital and the consumer.

New York, NY, United States

Ozan Yalniz

EY-Parthenon Senior Manager, Venture Building, Ernst & Young LLP

Founder, venture GM, engineer. Loving dad and playmate to two kids and two dogs.

New York, NY, United States

Balaji Anna

Managing Director, Strategy and Execution, EY-Parthenon, Ernst & Young LLP

Digital health venture builder and strategist.

Dallas, TX, United States

Tanmay Voore

Managing Director, Venture Building, EY-Parthenon, Ernst & Young LLP

Venture builder. Product strategist. Operator. Integrator. Proud dad. Fitness enthusiast.

Hoboken, NJ, United States

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