What would you want from a venture studio?

by Andrew

I'm playing with the idea of an open venture studio, but what is missing from the ecosystem?

For context: a venture studio typically builds companies in house and later spins them out. They may or may not also have a venture arm that does straight investments.

Here are two ways I'm thinking of going with the idea:

1. For people with companies:

cohorts with similar stage (similar industries?)
path to raising money
distribution?

2. For people who want to start a company

get <12 people together, build it together, share the revenue
revenue share based on the contributions of each individual.

Personally, #2 is compelling, but #1 might be more what people are looking for.

Would you join a group of fellow indie hackers and form a group to build a project?

If you're a new founder, would you join a cohort to help push your company forward?

Andrew

posted to

Ideas and Validation

on June 2, 2020

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Yes I am keen [email protected]

Morr

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4 years ago
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  Which do you prefer? #1 or #2?
  
  andrewpierno
  
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  4 years ago
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I would rather join #1 before I will join #2.

#1. I own a small studio and I joined a couple of networks for agencies and freelancers. Think UpWork but everybody is vetted, and there is a higher quality of work. This works for me because I can get in touch with other agencies that need help with their projects or I need help from them if I do not work with a specific CMS or language. So for example, I work with WordPress but if I need help with Shopify I will reach out to someone inside this network. Even is more expensive than UpWork, it is all about building relationships, and this makes the money flow both directions. You give work, you get work.

#2. There are just too many ramifications on this. Does everybody have a share in the company? Does everybody have a say in the direction of the company? How is the money distributed and how do we keep everybody accountable. For this reason, I feel like #2 is doomed to fail very fast.

BusinessTrout

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4 years ago
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  Thanks for your thoughts, this is really helpful.
  
  I agree #2 is "weird" but at the same time I feel like it might be the a part of the future of problem solving. A vehicle to have "flash companies" come together to solve a problem and then have a decent incentive structure is very alluring.
  
  I also think #1 is probably easier to start with.
  
  Thanks again!
  
  andrewpierno
  
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  4 years ago
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