Welcome to this new episode of Explore! 😎
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This episode is unique and does not fit our series of founders interview.
Today, I sit down with Dallas Price from Forum Ventures, a venture studio based in North America and focusing on B2B SaaS companies.
In this episode, we are exploring the concept of venture studio. We cover everything from defining what a studio is, why it is different from accelerators and incubators, understanding the financial model for GP and for founders, the role of the founder and the relationship with the studio, the startup life cycle, the equity split structure, the investment amount and support from the studio, product development, sales cycle, defining ICP, benefits and drawbacks for founders.. the list is long!
This episode is venture studio 101 - everything you need to know to get started! 📈
Want to become an entrepreneur but don’t know to start? This episode is for you!
Want to join a studio as an employee? This is also for you!
Have a great episode!
Listen on 🟢Spotify.
Listen on 🟣Apple Podcast.
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Learn more about Explore: LinkedIn, Newsletter.
Learn more about Dallas and Forum Ventures.
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Timestamps:
00:00 Introduction to Venture Studios
03:45 Defining Venture Studios
08:27 Founder's Role and Equity
10:35 Venture Studios and External Programs
13:27 Venture Studio Life Cycle
21:02 Generating Ideas
23:39 Market Research and Validation
26:27 Venture Studio Thesis
28:54 Finding a Founder
31:36 Geographic Location of Founders
33:06 Office Space for Portfolio Companies
34:09 Defining the Ideal Customer Profile (ICP)
36:35 Timeline for Product Development
38:03 Roles and People in a Venture Studio
42:19 Business Model of a Venture Studio
44:47 Success Rate of Venture Studio-backed Startups
47:49 Compensation for Venture Builders
49:42 Ventures Built and Launched by Dallas
51:20 Advice for Entrepreneurs
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