commit 0219346998ebb577a56104ae9863a329d65fb8dc · bmann.ca/bmannconsulting.com

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_notes/efounders-startup-studio-financing.md

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       ---

     

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       title: "Sidecar funds, corporate vehicles, club deals - how do startup studios get financed?"

     

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       link: https://blog.efounders.co/sidecar-funds-corporate-vehicles-club-deals-how-do-startup-studios-get-financed-c6763c826ac0

     

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       published: 2019-08-13

     

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       ---

     

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       > As explained in [The Rise of Startup Studios](https://www.gssn.co/media), a white paper published by The Global Startup Studio Network in 2019, the term “startup studio” covers a wide range of actors and operating principles.

     

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       To be considered a startup studio, we set an arbitrary threshold of a minimum of _6 months of highly active assistance_ to each startup. Anything below the threshold can be broadly covered by the term “accelerator”.

     

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       via @allbombs, from the [[eFounders]] blog: [Sidecar funds, corporate vehicles, club deals: how do startup studios get financed?](https://blog.efounders.co/sidecar-funds-corporate-vehicles-club-deals-how-do-startup-studios-get-financed-c6763c826ac0).

     

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       > The 2 core differentiation criteria between different types of startup studios are:

     

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       > * Are the ideas born **“internally”** and subsequently pitched to entrepreneurs who’ll join the venture or does the studio consider **“external”** ideas by partnering with or finding inspiration from an existing team of entrepreneurs with their own idea.

     

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       > * Are the created ventures "**independent** by default” from the studio or are the ventures dependent of the studio’s operational resources, aka the **“integrated model”**.

     

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       This gives us 4 quadrants:

     

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       Integrated

     

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       * Internal Ideas, aka **Platform Builders**. Examples: [[Enhance Ventures]], [[Polymath Ventures]]

     

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       * External Ideas, aka **Execution Engines**. Examples: [[Rocket Internet]]

     

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       Independent

     

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       * Internal Ideas, aka **Crazy Creatives**. Examples: [[eFounders]], [[High Alpha]], [[PSL]]

     

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       * External Ideas, aka **Service Experts**. Examples: [[Coplex]], [[Prehype]]

     

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_notes/meet-coop.md

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       ---

     

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       title: Meet Co-op

     

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       link: https://meet.coop/

     

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       tags:

     

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         - video conferencing

     

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         - co-op

     

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         - opensource

     

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         - BigBlueButton

     

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       ---

     

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       > access to open source meeting and conferencing tools, powered by [[BigBlueButton]], running on cooperatively owned infrastructure. We are part of the commons economy.

     

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       Found this via [[Social Co-op]], which is considering joining so SC members get access to meeting capabilities.

     

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       There's a video that demos the capabilities:

     

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       <iframe width="560" height="315" src="https://www.youtube.com/embed/Hso8yLzkqj8" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

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_notes/nfx-viral-network.md

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       ---

     

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       title: Viral Effects Are Not Network Effects

     

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       link: https://www.nfx.com/post/viral-effects-vs-network-effects/

     

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       ---

     

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       > Virality and network effects are conflated by even experienced Founders, and it keeps them from having the right strategies and developing world-class products.

     

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       >

     

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       > Viral effects and network effects are two completely different things.

     

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       >

     

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       > Viral effects are about growth of new users. Viral effects are when you get your existing customers to get you more new customers, ideally for free.

     

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       >

     

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       > Network effects are about adding value and defensibility to your product. A network effect is when every customer of your product adds incremental value to all the other customers of your product so that it becomes difficult for customers to find any alternative product which gives them as much value.

     

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       >

     

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       > Viral effects can exist without network effects, and network effects can exist without viral effects.

     

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       >

     

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       > Further, there are very different playbooks and mental models for building virality vs network effects. Not understanding the distinctions will be detrimental to your company’s long term success.

     

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       ---

     

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       > Yet at the same time, we learned how much less important viral effects are to long-term value creation than [defensibilies](https://www.nfx.com/post/defensibility-most-value-for-founders/) like network effects.

     

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       > While viral effects are a useful attribute of products to reduce the expense of acquiring new users, [network effects remain the key driver of value creation for startups](https://www.nfx.com/post/70-percent-value-network-effects/) in the digital age by keeping people using them.

     

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       By [[James Currier]], [[NFX]], https://www.nfx.com/post/viral-effects-vs-network-effects/

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_notes/social-coop.md

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       ---

     

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       title: Social Co-op

     

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       tags:

     

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         - Mastodon

     

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         - co-op

     

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         - social media

     

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       ---

     

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       From the [wiki](https://wiki.social.coop/home.html):

     

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       > **What?:** Social.coop is is an experiment in user-controlled social media. It is a community hub for people interested in co-ops and development of free/libre social media - these define the common core field of discussion, though they are far from the only things discussed.

     

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       >

     

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       >We primarily run a [[Mastodon]] social media server: one node in the [[Fediverse]], a federated network of social media applications which communicate using the [[Activity Pub]] and [[OStatus]] protocols.

     

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       >

     

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       > **Why?:** What distinguishes us from most other social media there is that we are both funded and governed by our members: we are a co-operative. The organisation and running of the site is accountable to its members, and not only will we not be monetising our users by selling their data to third parties, but they decide what we do.

     

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       https://social.coop is the home page for the Mastodon server. I'm a member, my Mastodon account is [@bmann@social.coop](https://social.coop/@bmann).

     

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       [[Open Collective]] is what they use to collect funds https://opencollective.com/socialcoop.

     

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       They use [[Loomio]] for organizational discussion and decision making https://www.loomio.org/socialcoop/

     

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       To join, [fill out the application form](https://wiki.social.coop/registration-form.html). The main thing it asks for:

     

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       > In up to 500 characters (the maximum length of a toot on Mastodon), can you tell us a bit about yourself? For instance, why you wish to join social.coop, and what hopes or aspirations you have for the site and/or your participation? We’d like to build a picture of how our members want to use the site.

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_notes/startupstudio.md

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       ---

     

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       title: Startup Studio

     

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       ---

     

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       ## Financing and Structure

     

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       [[Sidecar funds, corporate vehicles, club deals - how do startup studios get financed?]]

     

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       > To be considered a startup studio, we set an arbitrary threshold of a minimum of _6 months of highly active assistance_ to each startup. Anything below the threshold can be broadly covered by the term “accelerator”.

     

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_posts/blog/2020-10-08-joining-social-co-op.md

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       ---

     

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       title: Joining Social Co-op

     

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       date: '2020-10-09T15:39:34-07:00'

     

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       categories:

     

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         - Commons

     

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       tags:

     

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         - Mastodon

     

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         - co-op

     

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       ---

     

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       I've just finished

     

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       They use [[Open Collective]] to collect monthly or annual funds, where the member can choose what amount to fund.

     

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       [[Loomio]]

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_posts/journal/2020-10-03-journal.md

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       Messed around with a [[Fission]] [timing log](https://talk.fission.codes/t/timing-log-of-publishing-with-fission/1077) of publishing this site.

     

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       ---

     

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       [[Path of Exile]] now has a MacOS client! 26GB download, and hard to find the links required.

     

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_posts/journal/2020-10-05-journal.md

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       title: Oct 5, 2020

     

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       date: 2020-10-05

     

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       category: Journal

     

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       ---

     

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       Great lunch with @allbombs. He reminded me about the show [[Halt and Catch Fire]], which many people have told me about but I haven't watched yet. Rather than doom scrolling for an hour, I am going to try and watch an episode before bed to chill out.

     

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       Flat tire afterwards was less great. I've actually had a number of flats with my [[Radrunner]]. This time, I found the shard of rock or ceramic and it punctured the outer tire tread all the way to the inner tube. I forced it in with a screwdriver and was able to partially inflate the tire.

     

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       Found out about [Lodash Style Issue Management](https://talk.fission.codes/t/lodash-style-issue-management/1085) while doing some research on trying out [[Ghost]] as a backend for [[Eleventy]]:

     

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       <blockquote class="twitter-tweet" data-lang="en" author="@samselikoff">

     

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       <p lang="en" dir="ltr">Turns out @jdalton uses closed issues as part of his workflow:<br/>Feature requests are closed issues with 'feature' label and `votes needed` label, and a Thumbs up emoji reaction<br/>Bugs are open issues tagged with 'bug' label</p>&mdash; Sam Selikoff (@samselikoff) <a href="https://twitter.com/samselikoff/status/991395671008657408">May 1, 2018</a>

     

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       </blockquote>

     

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       <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

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_posts/journal/2020-10-08-journal.md

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       title: Oct 8, 2020

     

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       date: 2020-10-08

     

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       category: Journal

     

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       ---

     

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       So I confirmed this morning that my [[Rad Runner]] bike wheel tubes are sold out even on the Rad website. I guess this weekend.

     

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       ---

     

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       Set up my [[Social Co-op]] [[Mastodon]] account last night. You can find me at [@bmann@social.coop](https://social.coop/@bmann). And yeah, I didn't manage to get `boris` as a username! I'll write a full blog post about this.

     

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       New to me: `/nick` lets you change your nickname on a [[Discord]] server. They also recently enabled ["community" servers](https://support.discord.com/hc/en-us/articles/360047132851-Enabling-Your-Community-Server). Basically, Discord is used for sort of personal chat home bases, but also increasingly for community. They've enabled specific features for these open communities, especially if you have a lot of members. We don't have enough members at [[Fission]] for all of the features, but it was great to be able to have a welcome screen for new users that join, suggesting them to certain channels.

     

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       Got an intro to someone who read my [[Taking equity in startups as a consulting firm]] post and wanted to see if my thinking had evolved from then. This fits into the [[Startup Studio]] model that I've thought a lot about.

     

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       It just so happens that @allbombs shared a [video](https://gan.wistia.com/medias/xx2qkm24cp) from the [[Global Accelerator Network]] about [[Enhance Ventures]] https://www.enhance.online/.

     

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       Plus this article which contains a good framework for looking at Startup Studios and how they are financed: [[Sidecar funds, corporate vehicles, club deals - how do startup studios get financed?]]

     

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       ---

     

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       Via @bobsummerwill, [[Bruce Perens]] [Post Open Source License Early Draft](https://perens.com/2020/10/06/post-open-source-license-early-draft/). There's a video, which is "What Comes After Open Source" https://www.youtube.com/watch?v=vTsc1m78BUk. I need to watch this and take some notes.