New-age venture capital would rather manufacture founders than find them
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In Bengaluru, a 24-year-old candidate sat across from a stranger at a long table for six minutes of introductions before being shuffled to a new place. He admitted feeling nervous and blushing during the process, which took place over four rounds with 80 candidates. The event served as a "speed-dating" event to connect participants with potential co-founders.
Entrepreneurs First (EF), a London-based talent investor, runs a three-to-six-month India program aimed at building VC-scale businesses. Participants, regardless of their background, are encouraged to go through multiple breakups in search of their ideal co-founder match. After the program, the surviving teams pitch their ideas to Silicon Valley investors.
EF is part of a growing trend of "venture studios" that aim to systematically create multiple founders and startups from scratch through structured, repeatable processes. A similar model, The Foundery, operates in India, where potential founders are matched to pre-researched ideas instead of being given freedom to choose their own.
Written by urgent.news from The Ken's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.