Venture studios are emerging as a legitimate asset class. It’s an interesting way of thinking about it, because it warrants further clarity and definitions, without being overly prescriptive.
Internal Company Structure and Methodology: This covers how you’ll structure your studio, how you’ll work (including the framework/playbook/process you’ll use for validating startups) and the makeup of your team.
The Founders: Next, you deep dive into the founders you’ll recruit: who they are, how you find them, compensation, etc.
Startup Structures: This section focuses on how you’ll structure new startups emerging from your venture studio. This is a complicated section because it focuses on investment and equity, two hot button topics.
Venture Studio Business Model: The final section covers the studio’s finances and business model, with different options for raising capital into the studio entity or a fund (or both). This is also complicated because studios don’t survive on management fees alone (or at all).
The Venture Studio Checklist is free to use — just make a copy (it’s a Google Sheet) and start filling it in. I hope it helps people understand all the components of designing, building & launching a studio.