Power the shift to autonomous procurement

If you possess only some of the required competencies for a particular role, THCP and RS offer support to help you succeed. An action plan is put in place, which outlines the specific areas of improvement needed and how they will be addressed. This could involve coaching, mentoring, or other resources to help you gain the necessary skills and knowledge. THCP is committed to ensuring that all team members have the support they need to excel in their roles and contribute to the organization's success. Congratulations! We wish you a successful cooperation 💪

Although each startup studio has its unique path, there is a general framework that can be applied. Once a founding team is assembled, typically comprising a business and a tech profile, the project can begin. The group spends 12-18 months working together to transform the idea into an early-stage company, focusing on building the product and team and acquiring the first customers. The ultimate goal is to make the company fully independent.

Once the startup gains sufficient traction, the studio pitches early-stage investors such as business angels and seed funds to raise a seed round. This fundraising allows the company to become fully independent. The THCP continues to support the founders and team with strategy, funding, and occasional operational issues such as recruiting and team structuring. The studio maintains a strong relationship with the company as they know the business well.

THCP provides comprehensive support to its portfolio companies in various areas. The support includes analytical support, finance control, business expertise, and strategic advice. Analytical support involves analyzing data and providing insights into different business areas, such as customer behavior, market trends, and financial performance. Finance controlling includes managing the company's financial operations, such as budgeting, forecasting, and accounting. Business expertise involves providing guidance and support in sales, marketing, and procedures. Finally, strategic advice consists of offering advice on the company's long-term direction, such as identifying new growth opportunities, entering new markets, or expanding the product line.

Red Sky's team works hand in hand with the founding team on product, design, strategy, go-to-market, recruiting, HR, administration, legal, and other aspects. Our primary objective is to build a team and assist them in becoming increasingly autonomous in these dimensions while building independent companies. Moreover, Red Sky delivers crucial insights and provides MVP support for all companies.

Red Sky might provide shared resources in consulting mode to independent companies and is committed to providing as much assistance as possible along the way!

As the business expands, the team size increases, and the cash burn rate increases, the company typically needs to secure additional funding rounds, often with VCs (Series A, B, C...). Startups generally only become profitable once a significant amount of time has passed, as they focus on investing heavily in growing the business (such as hiring engineers, sales, and marketing personnel).

In venture building, ideas for new businesses and startups are generated through a collaborative effort involving various teams. The MVP team takes a leading role in the process, working tirelessly to identify potential pain points in the market and develop solutions that can address them. They work with other teams, such as product, design, strategy, and go-to-market, to create a robust and well-rounded business plan that can stand the test of time.