At an event held in partnership with Startup Grind, Grai Ventures (represented by Diana Florescu), The Heart (represented by Tomasz Rudolf) and Tar Heel Capital Pathfinder (represented by Michal Wrzolek) sat down with Ahmad Piraiee (director of the Startup Grind Chapter) for an extensive discussion about venture building and the future of collaboration between VCs and these venture studios.
Ahmad Piraiee: How would you define a venture building studio?
Tomasz Rudolf: Well, most companies offer services or build products, and our company is the product of a venture builder. So you have telegram number list or less a factory line and you design new companies, which launch stars who can take these companies and build them with you. And you provide resources and relationships and achieve the ends, validating these companies and killing many in the process. So you originate, and the biggest difference compared to accelerators, or VCs, is that you are not really looking for external ideas. In most cases, you were just originating them yourself.
Michal Wrzolek: We have the resources
To start new companies every quarter. So we have a few ideas, and most of them come from our teams. We also invite how to calculate the roi of cloud migration? with their ideas, but the ideas mostly originate internally. First, we need validation, then you deal with the product, and then you facilitate the entire growth of the company from the beginning – from the conceptual phase, all the way to the exit of that company. That’s what a venture builder in a venture studio does: he creates companies.
Diana Florescu: I think it’s fair to say that there’s no universal definition of a venture studio, and I don’t know if that creates a problem or allows you to have more flexibility in terms of what actually constitutes a venture studio. I think there are now over 500 venture studios in the world.
It’s a very exciting space
Ultimately, our goal at Grai Ventures is to build a systematic, repeatable process for creating businesses and go australia database directory the usual “three-month ramp-up” to provide the business with the right resources, fundraising, marketing, and all the essential functions a startup needs to grow.
Ahmad Piraiee: Let’s just agree that venture building is gaining a lot of momentum these days. Tomasz, why do you think venture studios are becoming more and more popular?
Tomasz: I think the whole startup movement is evolving. We, the more experienced founders, are looking at how to monetize past experience and reinvest gains from previous exits. So when serial entrepreneurs are looking at these builders, these entrepreneurs, they ask themselves: why should I just give money to a VC, who is just a picker , he doesn’t build anything, he just selects the spends? I would rather give this entrepreneur, the serial entrepreneur, that money and let him build multiple ventures, since now he has a process going.