Startup Studio Playbook: For entrepreneurs, pioneers and creators who want to build ventures faster and with higher chance of success. Master the studio framework and start building.
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Startup Studio Playbook: For entrepreneurs, pioneers and creators who want to build ventures faster and with higher chance of success. Master the studio framework and start building.
Midealab’s objective is to get ventures past the build phase in a relatively short period of time, with a solid product-market fit, sufficient funding and a strong dedicated team that can focus on growth.
Authenticity: Some worry that studio teams, “hired guns” won’t be able to build an authentic startup. They argue that if you aren’t working on your own idea, then you won’t be fanatic about it and able to put in all the needed work. As I see it, this is only true if you are dealing with one-trick ponies. I know many talented and experienced
... See moreOn Sunday evenings, CEOs of each project write an email to the studio reviewing the past week and explaining the agenda of the week to come.
Startup studios are organizations that produce companies. Studios are not purely financial investors or mentors to startups, but are the founders and builders.
it’s common to give more equity to the startup team in later fundraising stages (from the studio’s shares) to uphold their motivation.
ContactX is a tool we developed and use now internally to manage our extensive network. All projects can have a look at our 6000 contact database and find: ● pilot users, ● new recruits, ● experts, ● journalists as well as investors. For each contact, apart from the basic info (email address, job), the relationship he or she has with an eFounders
... See moreTech (efounders.co/hackers): the team is made of senior and junior full-stack hackers who code the whole infrastructure of a project from scratch (front-end and back-end). They develop, release and maintain our products from the MVP to the final stages along with the tech founders.
Capitalization tables: Startup studios as an institutional shareholder usually have a large portion of the equity, often exceeding 50%. From an outsider’s point of view this might raise a red flag. What they don’t always see at first is, that the studio is not just a shareholder, but the main founder in the startup. But fact remains that the
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