Attila Szigeti I will share my startup studio expertise with you

"Attila was my trusted COO and advisor for three years. During this time he was instrumental in transforming Drukka from a web development and online marketing agency into the fastest growing venture builder of the CEE region..." - Thomas Bohner, Founder and CEO of Drukka Startup Studio Attila works on startup studios, venture builders since 2015. He's author of the first and so far only book on startup studios. https://www.amazon.com/dp/B07NVNYM4C Reach out to get insight on the following startup studio questions: + What are the characteristics of a good studio leader? + Guidelines for creating a studio investment thesis + How to plan the studio funnel + Managing Entrepreneurs-in-Residence and CEOs + Building a Core Team + Financial modeling + Fundraising and investor relations + Corporate venture builders You will get insight and heuristics about the global startup studio landscape, so you can make the best decision for your studio.

"Attila is definitely the #1 authority in the startup studio world." -- Mester Tamás @ data36.com For a startup studio or venture builder, the first strategic question is which market or technology to choose as focus area. This will determine the "startup template" the studio will focus, including the resource needs, the landscape... thus it is a decisive factor on the studio's entire portfolio. Especially if the Leader of the studio has many ideas and opportunities, how to select the best one? How to make a decision that will ensure the long-term viability and success of the studio? Attila's experience in building and advising startup studios helps you to make the best decision. Calls above 30 minutes for this topic include access to a spreadsheet with detailed guidelines and scoring: The result is a clear overview of possible directions and an objective system to decide.

For those who are working in corporate innovation or who want to build a startup studio that services corporations and co-builds startups with them. I have invested 5+ years and 10000+ hours into building and scaling startup studios and researched international best practices. As part of this I created the strategy to build and operate a corporate venture builder. I will teach you how to build and grow a Corporate Startup Studio, Venture Builder: + how to align the venture builder with the corporate innovation strategy and build a strong foundation for success + how to manage stakeholders and get their buy-in and support + how to effectively bridge the corporate and the startup mindset and build bridges to the startup ecosystem + how to select and assemble the best Team who can create startups that satisfy the corporation's needs + how to organize a venture builder: deal flow, selection, resource allocation, fundraising, exit planning... Give me a call to discover the startup studio approach as a way to expand your innovation toolbox and create value for your company. Get inspiration from international case studies. Widen your business potential and make your corporate startup studio work. I can help you to build your strategy, refine your plans, identify and reduce risks involved, craft your pitch deck.

You can learn a lot about the potential and benefits of startup studios, venture builders. But how to know and decide with certainty that it's right for you? An organization that has all the in-house resources to produce ventures, speeds up the go-to-market process, reduces failure ratio, takes out the team risk from investments... Almost a dream come true for entrepreneurs, idea owners, investors and corporate innovators. If only this would be so simple... Let me share with you the biggest pros and challenges. You will need to overcome these when you choose to build, invest in or work with a startup studio: Idea owners, founders who want to build a startup: + The upside: You will get a pro builder team, funding and safety net. So you can focus on your market and creating a valuable new product or service. - Not for you if: You want to stick to the traditional startup founder fantasy. "I have a great idea, tomorrow I'll find my best cofounder, then we raise money, then we build, then we skyrocket..." ! The challenge: Flexibility and coachability. Selecting the right opportunity together with the studio. Taking on the hands-on involvement of the studio leader. Who is usually a much more experienced entrepreneur. > You will succeed if: Your preferences, strengths and focus area are a good match to the studio's niche. Top-tier entrepreneurs who want to make a significant impact: + The upside: You will multiply your entrepreneurial power. You will have the leadership challenge of your lifetime and grow a lot! Managing your core team, the investors, the entrepreneurs, the portfolio... - Not for you if: You want to stick to building one single venture at a time. Or if you want to be in the spotlight (hint: that's the place for your startups and startup CEO-s). ! The challenge: Switching gears and mindset. Go from building and scaling up one company to build and manage a multi-venture empire. One is like driving a race car the other is like running the stable that produces the race cars and drivers. > You will succeed if: You have a well established studio strategy. You pick the right studio partners and entrepreneurs. And you commit for the long game. Investors looking for a new and hot asst class to invest in: + The upside: One-to-many investment opportunity. Reduced team risk. Potentially higher equity for the same investment amount, a sustainable deal flow source. - Not for you if: You are only interested in the well known and long-established investment methods. ! The challenges: Learn and approach studios as a new asset class. > You will succeed if: You find the right studio with the right leader to invest in. Not all are prepared to live up to the expectations. Corporate innovators who are looking for more than just "theatre": + The upside: Your corporate venture builder will produce real startups. One day these might be good investment targets for your CVC and/or M&A targets for your mothership. - Not for you if: Your funding comes from marketing budget. Or you are pushed and pressured for quarterly/monthly results. (hint: a studio is more like a 5-10 year long initiative, from inception to fully realizing the ROI) ! The challenges: How you convince your stakeholders to do real venture building? How you blend your corporate talent with the startup ecosystem? > You will succeed if: You can navigate the complexities of your organization. For example securing support from all the executives who have a say in this. And you pitch the right game plan at the right time. Plus if you, as a leader can bridge the gap between corporate - startup mindset. If you still have questions and need guidance to decide whether studios are right for you, get in touch. And I’ll help you figure it out.

Startup studios are efficient in producing many startups in parallel. You can achieve higher success rate than with any other startup building approach. That comes with a high capital need, especially when starting a new studio from zero. The fundraising process is also more challenging. Because a venture builder needs to excel in more areas than a single startup. You build your fundraising success on strong foundations. You have to show and prove: + Financial-organizational structure that matches your goals; + A timely and coherent vision and investment thesis; + Viability of your approach; + Capable leadership; + Portfolio traction. With the right preparation and fundraising approach, you can do all this. You need to make sure to have a solid strategy and prepare to answer the tough questions including: - Do you want to raise the capital into your studio or establish a separate fund? Why this way? - Will the studio act as the GP or who will? Will this be an official fund or a holding company? - How to cover the studios operational costs? For a management fee and carry or charge the startups? Or do you have another solution? - How will you manage conflicts of interest between the Studio the Fund and the Startups? - How will you ensure successful exits of your portfolio and thus ensuring a high fund ROI? - If you are converting your agency into a studio: How to value your current assets? How will you restructure your organization to fit the new strategy? - Are you raising a fixed-life fund or evergreen fund? How will you handle raising new capital when needed? - How will your studio preserve it's equity part in the startups and solve the "dead equity" concern? - Will you create ventures from internal process or join existing teams? What is your financial modeling backing up your approach? And the list of expected questions goes on and on. The due diligence is also tough. You better prepare even before your first meeting with the investor. I was COO of our studio for 3 years, I participated in organizing our first studio pre-seed fund, where I'm now CEO. And preparing to raise our second fund. I also worked together with dozens of studios world-wide. So the studio fundraising is a topic very close to my heart and expertise. My mission is to help startup studios grow, and I can help you: + Structuring your venture builder and fundraising strategy; + Assess your current material and identify gaps and risks; + Preparing for a successful investor meeting. So when it's time to start raising your studio funds, give me a call.