Building Startups: the "3rd co-founder model"
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Among the myriad of types of structures breeding startups (incubators, accelerators, etc.), a new successful model has emerged: the startup studio. Brand new, this model is already controversial, as show the announced IPO of Rocket Internet. Here is how we see the startup studio model: as being a 3rd co-founder. You can reed the full version on our blog: http://efounders.co/blog/startup-studio-the-3rd-co-founder-model/
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Building Startups: the "3rd co-founder model"
- 1. BUILDING STARTUPS The 3rd Co-founder model presented by eFounders
- 2. Hands-on VC Mentors Accelerators SeedStage Incubators Investors VCs Board members STARTUP STUDIO Labs A new model has arrived: Post-accelerators But wait
- 3. What the H3CK is a startup studio?
- 4. Startup Studios are structures that build startups, on the contrary to incubators and seed investors who focus on mentoring and financing startups. BUILDING PROJECTS BUILDING COMPANIES Thats what we do! Managers build projects Startup is internally financed Easy to structure Difficult to build independent companies Entrepreneurs build startups CEO, CTO and startup studio have equal shares Startups have their own team and culture Ex: the (in)famous Rocket Internet
- 5. Just like a hollywood ! studio!
- 6. startup studio hollywood Production, film-makers and actors CEO, CTO, eFounders in the same studio IN THE SAME STUDIO Entrepreneurs are superstars Actors and actresses ARE SUPERSTARS
- 7. How does it WORK ?
- 8. #1 Bring the essence of the idea We find an addressable market and a way to smartly address it. Then we test it over, and over, and over again. Until one idea sticks.
- 9. #2 Find the perfect co-founder We recruit incredible talents, CEO- and CTO- material, have them meet the product, and let the magic happen. The studio acts as the 3rd co-founder.
- 10. #3 CONTROL THE BUDGET We provide comfort to our founders but spend money very, very carefully and implement accounting tools from day 1.
- 11. #4 BRING THE THE BEST RESSOURCES eFounders gathers a team of experts in marketing, design and development that invest 100% of its work and experience in the startup development.
- 12. #5 BE A PERMANENT suPPORT Pitfalls and great achievements are a daily matter. As a co-founder, we support our startups, no matter what.
- 13. #6 MASTER TIME MANAGEMENT Our experience, structure and processes help startups find the right pace. Building a startup both requires speed and stamina.
- 14. #7 PROVIDe A (REAL) DYNAMIC NETWORK We build startups in the same vertical (SaaS products), which provides a true, strong and broad network.
- 15. To Sum UP
- 16. Little invested, a lot of share taken Shares: equal to cofounders Breeds Internal innovation Welcomes existing projects Focus Horizontal We recruit Co-founders They recruit Managers Philosophy of doers Philosophy of mentors Building companies Building projects Focus Vertical presented by eFounders
- 17. Come visit the studio efounders.co