How common is it for a F500 to have a VC arm? I know next to nothing about the industry so this might be a stupid question but it seems as though, at least some, of the world's largest companies are starting to ramp up VC efforts. According to the article below, GM and BMW are both kick startingdivisions with investments in cleaner energy with BMW and GM both looking the way of electric cars.
How common is this? Is this going to become more and more prevalent as companies try to get in on the ground floor of new technology?