Venture Studio - Venture Capital 2.0

Introducing The Portfolio Allocation Matrix - A Risk Modeling Framework for Venture Studios

paid – 7 min read

From Deal Structure to Portfolio Strategy Most venture studios fail because they try to develop the wrong companies at the…

Oct 13, 2025

JOHN COWAN

Capturing Dislocation Alpha: The Venture Studio Hedge Against the AI Bubble

tiers – 8 min read

The Contrarian Investment Thesis The AI venture capital bubble will inevitably unwind over the next several years, creating an unprecedented…

Sep 22, 2025

JOHN COWAN

Assessing Startup Stock Allocation

members – 5 min read

Startup equity allocation is one of the most consequential decisions founders face. This article introduces a simple spreadsheet tool for founders and venture studio operators to help navigate a tricky subject.

Mar 23, 2025

JOHN COWAN

Beyond Accounting: Why Venture Studios Must Separate Financial Oversight from Investment Strategy

members – 6 min read

This article highlights the importance of independent CFO oversight in venture studios to prevent conflicts of interest and proposes a governance framework for Venture Studio Operators

Mar 17, 2025

JOHN COWAN

2025 Venture Capital Industry Forecast

public – 6 min read

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In 2024, capital concentration among dominant VC firms reached unprecedented levels. As inefficiencies widen, 2025 will mark a recalibration of early-stage investing, with venture studios emerging as a sustainable model to fill funding gaps and challenge the Power Law Cartel.

Dec 28, 2024

JOHN COWAN

Geographic Alpha: Using Spatial Arbitrage to Optimize Venture Studio Strategy

members – 19 min read

This research introduces the Spatial Arbitrage™️ framework, a quantitative methodology for evaluating markets based on talent mobility and growth potential. Subscribe to access the full analysis, including rankings, scoring methodology, implementation framework, and LP evaluation guidelines.

Nov 19, 2024

JOHN COWAN