Finding the right startup to invest in can be very challenging, especially in today’s day and age. Some startups can be promising, others less so. This is where the analogy of betting on the horse or the jockey comes into play. The truth is that you want a trainer that can help you find the right horse for the right jockey.
Investors face such a dilemma when they are figuring out what startups to invest in. Do you back the jockey or trainer? Should you invest in finding the right team? Maybe you want to focus more on finding the right idea?
Even the best jockeys will only win 20% of their races, and the same thing can be said about startup founders too. Even if you back the best founder, you are not guaranteed a win.
This is driving more and more investors to invest in studios and venture builders which can help deliver higher ROI.
In fact, research survey’s show around 84% of the startups that come out of studios and venture builder end up raising a seed round. 72% of those that go on raising the seed round make it from seed to series A. Which is why the studio approach is delivering much better results, up to 44% higher than expected. These studios focus on the expertise and they harness their knowledge to establish repeatable, winning processes. In doing so, studios establish a great formula that pushes the limits, while also increasing the chances of success for most of their startups.
Ireland is at the forefront of the venture building model, with companies like the Zoosh Group and Shipyard Technology Ventures working very hard to bring these incredible ideas to life. It’s becoming more and more important for venture builders to help create funds just like the €25m fund Zoosh Group launched recently. Venture builders are focused on bringing ideas to market quickly
