A venture studio is a model for entrepreneurship that combines company building with venture funding. Given the success of venture studios for startups and investors, the number of studios has grown to over 560 worldwide. What differentiates the venture studio model? And what is the next innovation of the venture studio model?

2021 was a banner year for early-stage investments; venture funding doubled year over year to $200 billion across 8,000 startups. The uncertainty and disruption of a global pandemic did not compress valuations as initially expected, and the amount of funding per round means an average Series A company has now raised over $20 million. And yet, amidst this investment fervor, 50% of Series A companies will fail to raise a Series B round, taking them off the venture path.

A 2019 report from the Bureau of Labor concludes that 21.5% of startups fail in the first year, 30% in the second year, 50% in the fifth year, and 70% in their 10th year. We talked with Brett Jurgens, CEO & co-founder of Notion, about his advice for other founders looking to make it to past Series A.

As founders, we all want to grow to breakeven by achieving scale, but sometimes your only option is to cut your way to breakeven. Here is Krista Morgan’s practical guide for founders & CEOs to build and execute a successful breakeven plan.