When TechStars launched TechStars Studio they described it as an environment for corporates “to rapidly envision, validate, and launch disruptive new startups”. In addition to TechStars Studio, a burgeoning number of venture studios have been launched.
I believe it is time to declare that studios have become the new accelerators, which means it probably makes sense for corporate strategy and innovation executives to start thinking about how studios may be an important new capability in their strategic arsenal.
Venture studios, as we know them today, have existed in one form or another for at least a decade, but until recently only a handful existed, such as IdeaLab, RocketInternet and Betaworks. Studios are different from traditional accelerators…
