In my experience, M&A people are not often bankers, they're glorified biz dev types or lawyers. Also 'corporate VCs' are generally terrible VCs. But yes, inve

In my experience, M&A people are not often bankers, they're glorified biz dev types or lawyers. Also 'corporate VCs' are generally terrible VCs. But yes, investing in is different than buying in. Anyone care to indicate a corporate VC model that has actually worked well strategically? As far as I remember - could be wrong - even Google's VC arm is there to 'make money first' less so strategic. Or I could be wrong.