Telstra Ventures, started in 2011 as an initial extension of Telstra Communications investment arm, has now developed into a multinational CVC fund with multiple third party LPs, and ~$570M invested (and notable wins such as Snap, Docusign, CrowdStrike, …).
Most interestingly, Telstra Ventures developed an internal process for constantly measuring the incremental revenues their activity as an active shareholder is able to bring to their portfolio companies. Spoiler, it’s in the hundreds of millions of $.This and more in this conversation between Marco Marinucci and Matthew Koertge, Managing Partner at Telstra Ventures