HOW IS A STARTUP STUDIO DIFFERENT FROM AN ACCELERATOR OR INCUBATOR?
An accelerator program offers entrepreneurs resources and mentoring to help them bring their ideas to market in exchange for a small amount of equity. Accelerator programs usually culminate in a demo event wherein the best ideas are selected for further support.
Incubators offer a well-equipped workspace along with mentoring and other resources to help entrepreneurs turn ideas into businesses. Unlike accelerators, incubators don’t operate according to a schedule or have a fixed date for when a startup must exit the program. Some help entrepreneurs develop their own ideas, while others generate ideas internally and bring entrepreneurs on board to build them into companies.
A startup studio takes a much more active role in building startups. It generates ideas internally and recruits co-founders to develop the best ideas into profitable companies. Along the way, the studio provides resources, funding, and operational input.
Stanley Park Ventures is a startup studio. Our goal is to help each company we co-found launch successfully with a solid team and a healthy Series A.
WHY NOT JUST INVEST IN EARLY STAGE COMPANIES?
We are operators first and investors second. The idea of just throwing money into a company and waiting passively for it to pay off is simply not that interesting for us. We believe the studio model, which allows us to bring our considerable experience to the mix, will help the companies we co-found get to market faster and more successfully.
HOW DOES IT ALL WORK?
Think of our program as a hands-on, real-life MBA. We have a lot of experience creating and growing start-up companies. After working with us, so will you.
The first step in exploring this opportunity is to apply!. We will review your application and contact you.
Once we have met and both decide (you have to want to work with us too) that it is a good fit we go into our first month of intensive business development. During this month we develop ideas further and determine whether we have the right chemistry to work together on a specific business.
After the first month we move into the project phase where we actually fund the business you are working on and you get paid to be an integral part of a startup company.
After the project phase and company launch: We continue to support the company and we lead the seed round.
DOES IT PAY?
The first month is like an intensive interview process. We vet each other as co-founders while you learn a lot about entrepreneurship and the process of developing a startup. You don’t get paid for this part of the process, but you do learn a lot.
If we decide to bring you on as a co-founder, we understand you may need to make an income in order to pay rent and bills so we are willing to pay a “ramen” salary in order to cushion your transition. Once we create a company you will be paid a competitive salary for an early stage entrepreneur.