
Intro post:
We’re continuing exploring the fascinating world of Startup Studio. Out there now, there are different Startup Studios. While the underlying principle remains the same across all Startup Studio iterations, the design and usefulness of these tools might vary greatly. There are several approaches to starting a business. The decision between the two types will be influenced by factors such as the market, the industry in which the Studio is developing, the strategy of the Studio’s founders, the availability of commercial prospects, and so on.
The Operator Model
The Operator Model can alternatively be referred to as Startup Studio, Company Builder, or Venture-Builder.Venture-Builders was discovered by a group of successful serial entrepreneurs. They create new businesses from scratch by studying consumer behaviour and the marketplace. The Studio provides financial and resource support to the startup while it undergoes its initial stages of ideation and validation. It also covers the first month’s pay for project resources. The initial $250k investment from the Studio acts as a stepping stone to a larger Seed Round.Studios that have started using this format include: Human Ventures, Mamazen, Idealab, and Science Inc.
The Agency Model
With this setup, the company can reap the financial benefits of agency work. The agency is credible because it invests the money it makes in new product development and innovation. Working with an agency is a great way to stay abreast of emerging requirements and industry trends. These Builders have extensive backgrounds in both marketing and programming.
Laicos, Rainmaking, and Etventure are just a few instances of agency models.
Corporate Model
Corporate Model Prototype is sometimes called Corporate Startup Studio and Corporate Venture Builder.Large companies have many resources. Both traits can inhibit innovation, which is often stifled by change aversion. Corporate Venture Builders recruited an outside studio to handle company innovation. Companies support these Studios to promote creativity within the company. It gives the Studio knowledge, distribution channels, IP, etc.This strategy is popular since it gives corporations access to the Studios’ creative process with minimal disruption. Stryber and Aimforthemoon use this strategy.
Technology Transfer Model
These studios and academic and research institutes work closely together. They transform cutting-edge concepts created in academic labs into commercially viable goods by establishing and launching new enterprises. As part of the Technology Transfer Model, research organizations commercialize their results by exposing them to the corporate world as a new product as a result of scientific research. Technology transfer models include Fraunhofer Venture, Max-Planck Innovation, the UCLA Anderson Venture Accelerator, and Fed Tech.
Investor Model
Investor Model Studios, also known as Venture Studios, are commonly formed by a collection of investors; these studios use a predetermined set of criteria to evaluate investment opportunities in established firms. In addition to financial backing, they also offer advice, connections, and other resources to help these businesses succeed. It is common for this sort of Studio to be part of a larger Venture Financing business, which in turn provides operating costs and a source of capital for the portfolio firms.
The model was adopted by FJ Labs.