The paper provides a valuable exploration into the decision-making process in corporate venture capital (CVC), identifying screen credibility, necessity, and salience as the key determinants for effective screening in CVC decisions. These factors are crucial because they help venture capitalists assess investment opportunities and make informed decisions, reducing uncertainty and risk in the funding process. Screen credibility refers to the trustworthiness and reliability of the screening process and the information being used, which ultimately influences how well the venture capitalists can assess the potential of a startup or innovation. Necessity highlights the urgency or importance of making the investment decision, while salience emphasizes the relevance of the opportunity in relation to the company’s strategy or goals.,The paper also highlights how industry shareholdings by knowledgeable shareholders can mitigate uncertainty in CVC decision-making. When shareholders have expertise and a deep understanding of the industry, their involvement in decision-making can help reduce information asymmetry and provide better insight into the feasibility and potential success of investments. This knowledgeable involvement helps inform and validate decisions, making it easier to avoid funding non-viable ventures and ensuring that the resources are allocated more effectively.,In addition, the study extends screening theory by identifying specific factors that activate a screen in decision-making. Traditionally, screening theory focuses on identifying key factors that influence investment decisions, but this paper provides more specific factors that trigger the screening process, offering a more detailed understanding of how decisions are made in the CVC context.,Furthermore, the paper makes an important contribution to CVC research by uncovering the impact of corporate ownership on CVC decision-making. It shows that corporate ownership can have a substantial influence on how corporate venture capitalists assess potential investments, as corporate priorities, internal strategies, and the interests of larger stakeholders can shape decision-making in ways that differ from traditional venture capital firms. This insight deepens the understanding of how corporate priorities align with the CVC funding process, highlighting the interplay between corporate strategy and investment decisions.,Overall, the paper’s findings offer valuable insights into corporate venture capital decision-making, particularly in how screening processes are shaped by factors like credibility, necessity, and salience, and how corporate ownership impacts these decisions. This research not only enhances screening theory but also provides practical guidance for CVC professionals, offering strategies to improve decision-making, reduce investment risk, and align funding with corporate goals.,

The article goes deeper into the significance of operational efficiency in fundraising, explaining that the ability to manage the process systematically not only saves time but also enhances the startup's credibility in the eyes of potential investors. By using CRM systems, entrepreneurs can keep track of every stage of the fundraising journey, from initial outreach to follow-up communications, ensuring that no important details are missed. This level of organization is critical in maintaining momentum and building strong, lasting relationships with investors, which can be difficult to achieve in the fast-paced, often chaotic nature of startup fundraising.,Furthermore, preparing necessary documents such as detailed financial projections, a well-defined business model, and a clear strategic plan is essential for demonstrating to investors that the startup has a well-thought-out roadmap and a realistic path to success. Thoroughly prepared documents give investors confidence that the entrepreneurs understand their business and have planned for both short-term and long-term success. It also reduces the risk of errors and the time-consuming back-and-forth that often occurs during the due diligence phase.,The article also highlights how these professional practices can foster trust with investors, especially when investors are looking to back teams that are not only innovative but also have the operational discipline to execute on their vision. Streamlining the fundraising process shows that the startup is serious about its mission and is willing to put in the effort required to succeed, creating a strong foundation for attracting investors. Moreover, having a well-structured approach allows startups to focus on strategic decision-making and relationship-building, rather than getting bogged down by the administrative burdens of fundraising.,The article further stresses the role of efficiency in improving startup competitiveness. In a crowded investment space, where investors are presented with numerous opportunities daily, being organized and prepared enables a startup to stand out and demonstrate readiness. Investors are more likely to back startups that present themselves in a professional and organized manner, as this reduces perceived risk and builds investor confidence in the team’s ability to handle future challenges.,In conclusion, the article emphasizes that adopting a structured fundraising process—through the use of CRM systems, advanced planning, and thorough documentation—is not just about improving efficiency, but also about setting a standard of professionalism that boosts the startup’s chances of attracting the right investors. It underscores that, in the competitive world of early-stage fundraising, this operational discipline can be the decisive factor in securing the capital needed to scale and succeed.,