Category: Studio Economics

It costs seven cents to find out if a venture idea is worth thinking about. That is not a metaphor. It is the actual cost, based on my first few hundred tests, of running a concept through systematic screening: competitive landscape, market structure, demand signals, structural defensibility. Seven cents and about ninety seconds of compute.…

Each stage gate in a venture studio purchases the right, not the obligation, to invest further. The real options framework changes how you think about studio returns.

Venture capital chases outliers. But the structural opportunity may be in the derisked middle of the distribution, where studios can build repeatable value.

When AI drops the cost of building a company by an order of magnitude, the interesting question isn’t what gets built. It’s what changes about who builds it.