Venture
Venture is all about risk taking. Failure is not bad, it's an opportunity to learn and come again. Better, stronger.
There is no lack of wonderful ideas, creative and talented people, fantastic opportunities. On a bigger scale the ways to grow businesses are repetitive and well established, some commoditised. However no start up is the same, the devil is in details and even small omission may sometimes differentiate victory from failure, impacting overall success rate.
In case of take over, there is always element of trust. But what is trust without reliable checks and balances.
Some questions to ask yourself:
Is the level of control and visibility sufficient? Does it come at a cost of agility and lost opportunity?
Can you achieve better outcomes and economies of scales by cross-linking multiple companies' governance?
What is the quickest way to isolate negative publicity caused by one of the start ups?
Do you recognise lessons learned from successes and failures as your asset?
Some holistic opportunities:
Adopt standardised repeatable holistic governance models tailored to maturity level
Ensure and validate the processes are repeatable and transferable
Utilise the network of talented people within your portfolio to cross govern multiple businesses