Corporate Venture Capital Done Right – Lessons from SE Ventures (with Heriberto Diarte)

Corporate venture capital done right requires getting several things right simultaneously - mandate, governance, people, and staying power. SE Ventures, Samsung’s CVC arm, is one of the clearest examples of an industrial CVC that has sustained all four.

In this conversation, Heriberto Diarte walks through the lessons from building and running SE Ventures. He is candid about the challenges of maintaining CVC autonomy inside a large conglomerate, the discipline required to resist short-term pressure to redeploy capital elsewhere, and what it actually means to add strategic value, not just financial return, to a corporate parent.
SE Ventures has backed companies that moved the needle for Samsung’s business, not just its balance sheet.

If you are trying to build that kind of alignment in your own organisation, this is one of the most practically useful conversations in this playlist.

This video is part of the playlist "Corporate Venturing & CVC – Open Innovation"
https://www.youtube.com/playlist?list=PLVVtoQiCccVLTgaPxX47lVqD6RQxfqTTo
Timestamps:
00:00 – Intro and SE Ventures background
02:43 – Why corporates must engage in VC
08:01 – Building SE Ventures from scratch
11:14 – Six deadly sins of CVC
19:33 – Structure, talent, and incentives
23:45 – Earning trust and independence
32:01 – What makes a great co-investor?
38:28 – Strategic fit vs financial returns
45:36 – How success is measured
50:32 – Are valuations too high?

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Professor Zeisberger has over 30 years of experience as a finance professional with deep expertise in private equity and venture capital, corporate venturing, and risk management. As a Professor at INSEAD, the business school with campuses in Singapore, France, UAE and the US, she is a global citizen and award-winning author as well as an angel investor. She is a founding member of KKR's Sustainable Expert Advisory Committee (SEAC) and sits on the Advisory Boards of Standard Chartered Ventures (SCV), Linzor Capital, S4Learning in Mexico and KaizenVest. Passionate about the future of education, she acts as a volunteer board advisor to Girl Rising, a non-profit focused on education and empowerment.
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LinkedIn: https://www.linkedin.com/in/claudiazeisberger/
Website: https://claudiazeisberger.com/
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📚 Mastering Private Equity (2nd ed., Wiley 2025): https://www.amazon.com/Mastering-Private-Equity-Transformation-Investment/dp/1394280297/

Видео Corporate Venture Capital Done Right – Lessons from SE Ventures (with Heriberto Diarte) канала Professor Claudia Zeisberger