Sunday, 21. October 2018, Legion of Honor, Hike with venture labs, venture builders, & venture replicators for SDGs

from 21. October 2018 - 14:00 till 19:00

Legion of Honor

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10000 people attending
Event description
Dear massively multi-disciplinary, systemic change community in the SF Bay of people in the process of changing the world who happen to hike: I am pleased to say that we have found a time when David Hodgson, and I, Bobby Fishkin, can gather with many of you for our next hike. Do you care about achieving Sustainable Development Goals with venture labs, venture builders, or venture replicators? What is a venture lab or startup studio? One publication identified four criteria: "First, they take an active role in building several companies at the same time. In some cases they are generating the ideas for startups internally, while in others they partner with entrepreneurs and act as second co-founders or acquire promising startups in need of their expertise. Regardless, there’s an emphasis on intensively servicing multiple ventures simultaneously. Second, there’s a mandate to build a strong, experienced team that can service all of the ventures they build from within. It starts with the founder, who frequently has a history of successful investments and exits, and has the wherewithal to provide seed funding. Joining the founder comes managers, engineers, programmers, and marketers who can capably maneuver between startups. This setup saves startups from having to raise money and build teams sequentially, if at all, effectively shortening time to market. Third, the startups built internally share resources beyond talent: processes, connections, funds – those things every startup struggles to create and every startup needs. Whereas accelerators or incubators offer access to these resources, at venture builders they’re hands-on by definition, and there is less of a sense of competing for these resources. Venture builders are templating the startup model as much as their various startups will allow.Fourth, the goal of venture builders is for their startups to eventually become independent entities. After the initial launch, they work to create standalone teams and set the foundation for the startup to scale effectively and rapidly. " https://www.geektime.com/2015/02/09/9-startup-factories-turning-technologies-into-awesome-companies/. There are as many as 300 venture labs (https://medium.com/le-studio-vc/the-300-startup-studios-taking-on-the-world-6e3c44b52d20). A smaller number of venture labs are oriented towards impact goals, for example Accion: "“Accion advances financial inclusion by investing in sustainable, scalable, well-managed companies that generate both social and economic returns,” said Accion President and CEO Michael Schlein. “Venture Lab’s second successful exit demonstrates the viability of achieving both profit and purpose by investing in early stage start-ups that promote high-quality financial services for underserved customers.”Hiking is good at creating rhythms of thought, pace of mind, and a social cadence for collaborative creativity and improvisational thought. Its also essential to ensure your thinking is cumulative with other disciplines and patterns of understanding. For our Sunday June 24th hike at 2pm PST hike please meet at the Legion of Honor steps. We will have a good hike. Please let us know if you will be joining so that we know to look out for you. While our hike is the primary container, some of us will head on to eat Burmese food nearby (34th and Clement) afterwards. You can join the google group for hiking info- http://groups.google.com/group/hiking-to-the-next-level or our meetup here:https://www.meetup.com/Whole-Outcome-Investors-Impact-Investing-For-Systemic-Change/. You can RSVP for either hike on this Facebook event page () or you can do so by email. Warm regards,Bobby Fishkin & David Hodgson

Hike with venture labs, venture builders, & venture replicators for SDGs, Legion of Honor event

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