Venture Builder… What is it?
Still new enough that it goes by several names (startup factory, venture builder, startup studio, venture lab), but old enough that a loose definition is emerging: a venture builder is a team of startup veterans who take multiple ideas from scratch or startups in their infancy and simultaneously turn them into independent companies using shared expertise and resources.
What began organically is now coalescing into a model with some fixed tenets. First, they take an active role in building several companies at the same time. In some cases they are generating the ideas for startups internally, while in others they partner with entrepreneurs and act as second co-founders or acquire promising startups in need of their expertise. Regardless, there’s an emphasis on intensively servicing multiple ventures simultaneously.
Why sell an idea when you can partner with seasoned entrepreneurs and become a co-founder? For all the challenges they face (prioritization, focus, and communication to name a few), venture builders may represent the next step forward in entrepreneurship.