Venture capital and capitalists (VC/s) enjoy a legendary status in Silicon Valley and the broader technology industry. That’s partly due to the remarkable gains and spectacular wealth that some in the VC community have managed to achieve time and again. But those investments also qualify as the literal financial lifeblood of IT. Without VCs willing to take a risk, it is difficult or impossible to discern how companies, including Apple, Microsoft, Google, Facebook and countless others could have survived and thrived to change the modern world.

But less well known in industry is corporate venture capital (CVC) investing where well-established vendors make their own bets on up and coming companies. To gain a better understanding of this corner of the IT financial market, we recently sat down for a conver-sation with Jim Lussier, currently the managing director and head of Dell Ventures.