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I’ll disagree then because Corp Dev, like most tags, can mean something else like a group at a corporation responsible for strategic decisions to grow and restr
by kordlessagain 5y ago
I’ll disagree then because Corp Dev, like most tags, can mean something else like a group at a corporation responsible for strategic decisions to grow and restructure its business, establish strategic partnerships, and/or achieve organizational excellence.
- diego 5y agoNo, he's right on this one. Corporate Development means "the group in charge of acquiring companies." I have never seen a Corp Dev team that did anything else (and I have dealt with quite a few including my company's acquisition).
- jedberg 5y agoThe only reason Corp Dev is establishing a partnership is because they want to buy you but they aren't sure yet, so it's like a trial. It's also a good way to convince you to sell to them while also locking out competitors. If you have a partnership with Google, it makes a lot harder for Amazon to buy you because first they have to unwind the partnership.
- pbhjpbhj 5y agoRe that last para. Amazon and Google could choose to share the pie: it's want to, not have to, surely?
- jedberg 5y agoIt was just a contrived example. Imagine instead you have a partnership with Amazon and then Walmart wants to buy you. Both companies have made it clear they will never work with each other. Either way, every deal, every partnership, every contract, complicates an acquisition. The fewer you have the more likely a deal is. By establishing a relationship, one company can discourage others from wanting to put in the effort of acquiring you.