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ISSUE – Apr. 10 | Samsung’s $150 million bet to find the next big startup

Samsung is no stranger to the world of venture capital — it ranked as one of the most active corporate-backed venture firms in 2016. But at the beginning of this year, the company underwent a transformation, launching a new $150 million fund to spend on emerging-tech startups. Called Samsung NEXT, this new investment vehicle is the result of experimentation by the electronics manufacturer to see if it has what it takes to move fast to “invest and grow.”

In an interview with VentureBeat, Samsung NEXT principal Christina Bechhold spoke about the company’s vision, its desire to move deeper into venture capital, and how it plans on making investments in early-stage companies. [ Venture Beat ]

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