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> A popular venture studio based out of NYC is like this Sounds like Fractal. Supposedly, the value add is that they've already done the due diligence and mar
by CharlieDigital 3y ago
> A popular venture studio based out of NYC is like this
Sounds like Fractal. Supposedly, the value add is that they've already done the due diligence and market research on some product idea. They match a team (CEO + CTO) to the idea and provide the funding. Do not know of any well known companies to have come out of this model, but if they're still around, it must be generating some returns for it to be worthwhile.
- presidentender 3y agoFractal seems to have addressed the entire market they had identified. It doesn't appear that they're still recruiting founders. I was in their pipeline and interviewing potential business cofounders, but chose to go the traditional venture route - it didn't work out, but I don't think I'd have succeeded at the Fractal business either.
- ldjkfkdsjnv 3y agoThey stopped getting funded bc of a mix of interest rates and company underperformance