What gives a global enterprise the radar to see what's coming next? Mike Smeed explains why corporate venture capital is far more than an investment vehicle—it's the translation layer between the gears of startups and large enterprises, helping organizations identify disruptive technologies, navigate internal complexity, and accelerate transformation. Drawing on his experience leading Jaguar Land Rover's InMotion Ventures, Mike explores why startups and corporations often struggle to connect, how CVC creates value beyond capital, and why reputation, governance, and timing matter as much as technology. If you're building innovation capabilities, investing in emerging technologies, or designing partnerships with startups, this episode offers practical lessons for enterprise leaders.