Hatching Your BIG Idea: Venture Studios and Startup Success

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9 • 112 Ratings

🗓️ 6 May 2020

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

The buzz: “Even incubators/accelerators [in India] that have been around for years, and have “processed” 50+ startups, usually don't have even one startup that has achieved impressive revenues/valuations” (Source). 90% of startups fail. Doomed from the start? Likely if they work with accelerators, which invest low seed capital in multiple startups for 12-week mentoring, expecting most to flop when Demo Day investors say No. If you’re a wannabe entrepreneur or a serial entrepreneur with your eye on the next big prize, here’s another path. Venture studios dawned in the late 00’s when successful-exit tech entrepreneurs assembled experts and investors to create their own ventures or boost the commercialization of post-incubator, post-accelerator, post-corporate innovation labs. We’ll ask Don Deloach at Rocket Wagon Venture Studios, Chris Morgan at Lantern Partners, and Chris Rezendes at Spherical | Analytics for their take on Hatching Your BIG Idea: Venture Studios and Startup Success.

Transcript

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0:00.0	Where does yesterday's future, which is already here, really here, really here, meet today's future, which is about to happen, and tomorrow's future, which could be just minutes away?
0:16.3	Welcome to technology revolution, the future of now.
0:21.5	Where host Bonnie D. Graham asks savvy futurists for their predictions about the tech-driven trends that are shaping our future right now.
0:30.9	Here's your host who will take us into the future of now, Bonnie D. Graham.
0:36.0	I feel so important taking you into the future of now.
0:39.0	That is the voice of my co-producer, the esteemed VP of, I call him VP of Everything at World
0:44.5	Talk Radio, Voice America, Ryan Treasure.
0:46.5	Thank you, Ryan.
0:47.4	He says, here now, here now, here now, and I just get goosebumps.
0:50.4	So let's see what the word on the street is today.
0:53.0	I have a quote from a gentleman in
0:55.3	India. I don't have his name. He wrote a blog on a website called Your Story, Y-O-U-R-S-T-O-R-Y.com.
1:03.9	And let me read a little bit of what he wrote, and then I will tell you more about what we're
1:08.4	discussing. It's a very exciting topic. Those of you with
1:11.1	big ideas around the world, you want to listen up. If you know somebody who has a big idea
1:15.3	wants to do something with it, maybe make some money from it, you got to tell them about this
1:19.0	show and you can find us on technology revolution, the future of now at voice America.com.
1:24.6	So here's the quote, even incubators and accelerators in India that have
1:29.3	been around four years and have quote unquote processed more than 50 startups usually don't have
1:36.7	even one startup that has achieved impressive revenues or valuations. Oh my goodness, just let that sink in. The keywords here are
1:46.9	incubators and accelerators, and the other keyword is startup. So let's look a little bit at a
1:52.5	reality check. Sadly, 90% of all startups fail. Boohoo, if you have one and it hasn't gone anywhere,
	...

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