NGP Looks to Invest in Growth Markets

WSJ By Lora Kolodny

[This is one in a series of profiles that will examine the strategies of corporations plugged into the startup community, whether through investments, acquisitions or partnerships.]

In January. Mobile phone maker Nokia committed $250 million to the company’s venture fund, Nokia Growth Partners, following a long period of cost-cutting, layoffs, and downward trending sales and stock prices.

Can investing in startups help Nokia get its groove back?

We spoke with Nokia Growth Partners managing partner, John Gardner, about the fund’s 2013 outlook, and the role that portfolio companies play in Nokia’s life overall. READ MORE