# Neoteny Venture Development established

- Author: Joichi Ito
- Date: 2002-10-07T20:15:48Z


We will be announcing later today the establishment of Neoteny Venture Development Co., Ltd. which will be lead by Hidehiro Matsumoto as its CEO. Neoteny Venture Development is a spin-out of the consulting business of Neoteny Co., Ltd. which has been in development for a year. Neoteny Venture Development Co., Ltd. will be a subsidiary of Neoteny Co., Ltd. The team has delivered five consulting engagements to large Japanese companies. NVD will focus on corporate venture consulting, entrepreneurship support and corporate spin-out consulting. Neoteny Co., Ltd. will focus on venture investing in information technology businesses. Neoteny will update its web page tonight. (It will be a blog ;-) )

I will of course continue to be CEO of Neoteny and current am focused on investing in personal communications technologies and networked consumer electronics and enabling technologies and services...





---

#### Categories

Leadership and Entrepreneurship, Neoteny