How To Make Community a Competitive Advantage For Your Venture Studio

Studio success starts and ends with community in 2023. Here’s how to do it right.

It’s an exciting time for Startup Studios.

There are 700+ Studios worldwide and growth is at an all-time high with over 50% of Studios having been started in the last 5 years.

To date, Studios have raised $21B in funding through which innovation efforts resulted in the creation of several unicorns including Dollar Shave Club, Snowflake, Hims & Hers, Hello Fresh, and more.

Data proves that Studios outperform venture capital and specifically address the common shortcomings of accelerators and incubators.

As the Studio industry matures, company building will only get faster, cheaper, and more successful. Past years of trial and error have planted the seeds for a beautiful bloom and full harvest in 2023.

But, with attention comes competition. And that’s where community comes in.

Why YC Works

To understand what the Studio sphere needs, it helps to look at successful startup creation machines, like Y-Combinator.

In this essay on Startup Hubs, Paul Graham talks about why YC is so successful at consistently producing world-class startups.