Progeny
Ventures is singularly focused on creating breakthrough
information technology products for large corporate clients.
By “breakthrough” we mean new-to-the-world products,
products that create new markets, and game-changing products.
At
Progeny Ventures we believe that the creation of breakthrough
products involves teaming visionary entrepreneurs with global
corporate clients who have key technologies, recognized brands and
established distribution channels.
Progeny
Ventures consults with each corporate client on the needed
commercialization approach, evaluates specific opportunities, puts
together deals, locates the appropriate funding, structures the
resulting ventures, recruits the entrepreneurial talent, and
manages the resulting venture portfolios.
At
Progeny Ventures we are differentiated from other venture capital
firms in our willingness to consult with large corporations on the
use of non-traditional technology commercialization approaches
within corporate settings.
The approaches include the use of partially-owned ventures,
venture capital, and external entrepreneurs.
We are also differentiated in that we do not have a
buy-side bias or conflict of interest in arranging financing for
the ventures that we create for our clients.
We are differentiated from other management-consulting
firms in our ability and willingness to participate in the
execution and management of the resulting commercialization plans
ourselves, taking long-term ownership in their success.