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A startup studio, also known as a venture studio, is a company that is specifically designed to create and launch multiple startup companies. Many startup studios operate by generating and developing innovative business ideas in-house, nurturing them into fully-fledged startup ventures, and providing resources and support to help them scale and grow.
Unlike traditional incubators or accelerators that mainly offer support to existing startups, startup studios take a hands-on approach from the earliest stages of ideation and validation. They typically have a dedicated team of entrepreneurs, domain experts, and experienced professionals who collaborate to conceive, validate, and build new business concepts. Though, there are still challenges in developing effective innovation and appropriately executing the strategy to substantiate ideas.
Startup studios often follow a repeatable process or framework for creating and launching startups. This process typically involves idea generation, market research, prototyping, product development, building out the team, and fundraising. The studio's team members, as well as founders, may contribute their expertise in various areas such as product design, technology development, marketing, finance, and business strategy to help the startup succeed.
Notable examples of this model are Atomic, eFounders, Expa, Pioneer Square Labs, Science, and Wilbur Labs.