By Ali Diallo What do South Africa's Springlab, SPARK in Nigeria and Dakar-based JokkoLabs and CTIC have in common? Ali Diallo, VC4Africa Pro Account user and member of the VC4Africa Investor Network, introduces the world of ‘venture builders'. At the bottom of the article you'll find a special Afterword on the African relevance Ali Diallo wrote for VC4Africa. “A lot of entrepreneurs and analysts don't realize that Venture Builders are ‘African' companies at their core”. This story originally appeared on VentureBeat, except for the new Afterword at the bottom. If you haven't yet heard of venture-builders — also called tech studios, startup factories, or venture production studios — let me introduce them to you: They're organizations that build companies using their own ideas and resources. Unlike incubators and accelerators, venture builders don't take any applications, nor do they run any sort of competitive program that culminates in a Demo Day. Instead, they pull business ideas from within their own network of resources and assign internal teams to develop them (engineers, advisors, business developers, sales managers, etc.). You'll want to get used to the idea because we're going to see a lot more venture-building organizations emerging. Venture builders develop many systems, models, or projects at once and ...read more

Source:: vc4a