Novy

⁉️ Did you know ⁉️ Venture studios typically deliver 20-50% IRR, with exits in 3-7 years. This can largely be attributed to their hands-on operational model that scales companies faster, leading to higher returns and quicker exits. #VentureStudio #ROI

One of the most critical phases we navigate as a venture studio is narrowing in on Product-Market Fit (PMF). But how do we know when we’ve hit it? At Novy, we rely on the #Reforge PMF framework, which helps us validate ideas and products through structured market research and expert advice. The approach identifies six dimensions—problem to solve, target audience, value proposition, competitive advantage, growth strategy, and business model. We then examine each across... 🔎 Broad Validation: Techniques like #PMF interviews and market research help us identify the riskiest aspects of a business, so we can pinpoint where we need to dig deeper before committing resources. 🎯 Targeted Validation: Once the risky dimensions are flagged, we double down on them to test our hypotheses before building anything. 📓 PMF Narrative: All of our findings are distilled into a PMF narrative that aligns the team around a clear product strategy. This keeps us focused as we build, grow, and eventually spin out new healthcare companies. It’s a comprehensive process, but this structured approach to PMF has led to greater success and higher chances of scaling effectively. #VentureStudio #PMF #HealthcareSaaS

🌟 NEW BLOG POST 🌟 2024: Year in Review for Novy - https://lnkd.in/gEws-hVb As we ring in the new year, our team is taking a look back at the past 12 months of growth and innovation for our venture studio. Check out some of our milestone moments from 2024! #Blog #VentureStudio

We were featured in Livability's #healthcare #innovation issue 🗞️ Check out the ways area leaders, like Novy, are turning ideas into action to drive healthcare innovation in Cedar Rapids: https://lnkd.in/gzcscVQS. #Iowa #VentureStudio

Thank you for making this past year such a special one for us. We hope you have a wonderful holiday and a happy new year! 🌟

As we close out 2024, the team wants to take a moment to reflect on what has been a tremendous year of growth and innovation for Novy. From launching the venture studio 12 months ago, to expanding our vast community of experts (like you), we are deeply grateful to everyone who has supported our efforts each step of the way. In our very first #blog post (of what will be more to come), we’re celebrating the moments that have shaped our studio so far and are setting the stage for what’s to come in 2025 and beyond. To give it a read, visit https://lnkd.in/gEws-hVb. Enjoy! #YearInReview #VentureStudio

What makes venture studios different from other investment types? 1️⃣ Higher ROI and Faster Exits Unlike traditional VC and accelerators, studios have a hands-on operational model that scales companies faster, leading to higher returns and quicker exits. 2️⃣ Investment Horizon and Control Venture studios will give investors continuous upside throughout the lifecycle of their growing portfolio companies. 3️⃣ More Efficient Capital Allocation With a dedicated team handling the operational side of startups, capital is used more efficiently, risk is reduced, and all the required resources are allocated. #VentureStudio #Investing

💡 Attention Innovators and Entrepreneurs! 💡 We're looking for early-stage #healthcare #software ideas to explore in our second round of Ideation and Validation, beginning early next year. Any #startups chosen to be co-founded and created by Novy will receive $2M in total investment across direct capital, executive talent, and expert guidance. To learn more and share your idea, visit novyventures.com/apply.

🚀 5 Reasons the venture studio model could be the best path forward for you and your early-stage company. #VentureStudio #Startup

Read about the art and science behind venture studio #ideation and #validation from Novy Partner, David Tominsky 🚀. Thank you for the opportunity to contribute, Mamazen Startup Studio!