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Hunting Innovation: Incorporating Tech Scouting & Corporate Venturing Into Your Internal Innovation Process

Qmarkets

But perhaps above all, the scouting team's mission is to evaluate whether the direction of the potential company or technology to be bought matches with the strategy of the acquiring company. In 2006, Google bought YouTube for $1.65 In 2014, Facebook purchased WhatsApp in 2014 for $19 billion. This is what many large organizations do.

article thumbnail

Hunting Innovation: Incorporating Tech Scouting & Corporate Venturing Into Your Internal Innovation Process

Qmarkets

But perhaps above all, the scouting team's mission is to evaluate whether the direction of the potential company or technology to be bought matches with the strategy of the acquiring company. In 2006, Google bought YouTube for $1.65 In 2014, Facebook purchased WhatsApp in 2014 for $19 billion. This is what many large organizations do.