George Kellerman, VP, Head of Investments & Acquisitions at Woven by Toyota and Alexander Baum, Corporate Development Lead at Woven by Toyota

In the ever-evolving world of business, staying ahead isn't just about what a company does today, but how it prepares for tomorrow. This is where a venture capital arm comes into play. It is a specialized division within a larger company that focuses on investing in emerging startups and innovative projects.

In this episode of the M&A Science Podcast, George Kellerman, VP, Head of Investments & Acquisitions at Woven by Toyota, and Alexander Baum, Corporate Development Lead at Woven by Toyota, share their experience on how to stand up a venture capital arm.

Things you will learn:

• How did Woven by Toyota got started

• Successfully start a venture capital arm

• Leadership in managing people

• Biggest Lessons Learned

• Dealing with cultural difference

This episode is brought to you by the M&A Science Spring Summit 2024 happening on April 10th at 10AM ET. It's your chance to join leading M&A experts as they share innovative and the latest trends from their own deals. Save your spot here.

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Episode Bookmarks

*George Kellerman

00:00 Intro

06:15 From firefighter to M&A

09:49 How did Woven by Toyota got started

11:19 Project Kate

12:58 Pitching the shift in strategy

14:31 Woven Capital’s strategy

16:48 How to successfully start a venture capital arm

19:45 Leadership in managing people

22:03 Biggest lessons learned

26:00 A change in strategy

27:04 The Woven City Project

31:11 Dealing with cultural difference

35:40 Craziest thing in M&A

*Alex Baum

39:34 Noticing cultural differences in Japan

42:11 Relocating to Tokyo

44:07 New York vs Japan culture

45:28 Work culture in Japan

48:32 Rubber stamp approval in Japan

49:51 Balancing American and Japanese culture

51:27 Maintaining alignment

52:09 Craziest thing in M&A

How to Stand Up a Venture Capital Arm

M&A Science