Discover more from Venture Studio Index
Venture Studio Index - September 1, 2022
A new type of studio role, funding announcements, EIR interview, 16 new studios + reader survey
Venture studio news
Tegus interview with former EIR at Polymath, Entangled and Atomic. Discusses challenges in recruiting CEOs, and how studios tend to overweight track record and underweight passion for the project
I think often the screening process is over screening for very learnable traits and is under-appreciating like sort of unmovable qualities that it is part of their DNA, as they're going to be that way and maybe like leaning towards valuing some of those more, because people who have the skills already are also probably have a little bit more awareness that they have those skills and are a little bit less committed to like fighting through it.
So I think that looking for like that determination and drive and someone who like has the right compassion to build the team and like the right leadership traits and there's just, I think, other things beyond like sales is pretty learnable if you care about what you're doing. Like founder sales is super easy, if you believe in the thing you're doing. And so I don't think it's like, right, really screening hard for sales, but it's probably not necessary.
Cyberstarts, a cybersecurity focused venture studio and accelerator, closes $60mm for its third seed fund, bringing total AUM to $374mm. Cyberstarts was founded in 2018 and has already backed at least 5 unicorns (press release)
RYZ Labs, a studio launched by former Amazon and Lyft alums, emerges from stealth mode. The studio lists two startups, including a fitness training service with 21 employees. (LAINNO)
Post by Slimmer.ai, an AI focused venture studio, discussing their journey launching and selling a startup in only 8 months (Medium)
Redesign Health - Staff Knowledge Manager
Design, build, implement, and maintain a knowledge management framework that provides internal and end-users access to the organization's intellectual capital..Define, develop, and maintain principles, style guides, standards, and processes to guide and govern the creation, maintenance, management, and delivery of content…Work closely with information architects, program management, product, marketing and engineering to evaluate and implement tools for content creation, management, and publication.
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Venture studio startup funding from July & August
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This week we added 16 additional venture studios and 22 startups to the database, which now totals 355 studios and 1,736 startups.
Note many recently launched studios and startups are still in stealth, so recent years are understated.
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