The Startup Studio Newsletter | ED27
This week's newsletter features stories from Bitrock, NineTwoThree, Slimmer AI, and Wilbur Labs + news from Nobody Studios, Surge Ventures, Leap, Flamingocatz, PSL, & Raha Beach Ventures.
Welcome to the Studio Stack newsletter!
“Someone who thinks "I better not start a startup now, because the economy is so bad" is making the same mistake as the people who thought during the .com Bubble "all I have to do is start a startup, and I'll be rich."
So if you want to improve your chances, you should think far more about who you can recruit as a cofounder than the state of the economy.”
-Paul Graham, Why To Start a Startup in a Bad Economy
I share the above quote because everyone understands that the economy is bad and the state of startup investing is… also bad.
And that, my Studio friends, is good — for you.
When the economy is up, everyone is in. Investors are funding day-old startups with nothing but a deck and enterprises have extra money to try something new. When times are bad, everyone locks the money truck and puts it in storage.
But, to quote Paul again, “you have to be a contrarian to be correct”.
This is the start of a new year where things are going to seem harder than they have in the past — but this is your opportunity as a Studio.
Studios offer the right resources to make things easier for startups to get off the ground. For this reason, you’re in a unique position to be the co-founder of choice for top teir entrepreneurs. Alongside that, you have less competition because traditional VCs are collectively “sitting this one out”. Furthermore, the major tech companies are laying off thousands of employees so, there’s more talent in the market than ever.
If I were you, I’de be getting ready for a breakout year.
Be loud about your Studio and what you do to help founders. Be proactive about talent hunting. And don’t be scared to invest. This is the year to play big.
Go with grit.
Studio Stories
Corporate Venture Building Explained - Bitrock Digital Partners
Build Predictable Startup Models by Forming an Agency - Andrew Amann, CEO, NineTwoThree Digital Ventures
Why startups can compete and win against incumbents - Phil Santoro,
Co-Founder of Wilbur Labs
Studio Events
Studio News
Surge Ventures Launches an Innovative Financial Services Venture Studio
Nobody Studios Pursues the Impossible and Revolutionizes Business Building and Wealth Creation
Greentube Has Acquired a 40% Stake in Startup Studio Flamingocatz
Animal health innovation venture studio makerspace to open in Indianapolis
SingleFile, a startup born out of Pioneer Square Labs, raises over $3M
Studio Jobs
Associate / Sr. Associate, Crypto Venture Creation - Diagram Ventures (Remote)
Metaversal is hiring for a variety of positions - DM me on Twitter or LinkedIn if you’re interested in learning more!
That’s all for this issue, if you enjoyed it consider sharing with friends and fellow venture builders. To connect with me, I’m always available on LinkedIn or Twitter!