Send us a text Matthew Burris joins Startups Decoded to unpack how venture studios are evolving from a misunderstood startup model into a formal, fundable asset class. We explore what’s missing from today’s narrative, the standards being built behind the scenes, and what it will take to legitimize venture studios in the eyes of institutional capital. This is a conversation about quality, vision, and opportunity — and why the next wave of innovation infrastructure might look more like a studio than a fund. Matt Burris A leading voice in the global venture studio ecosystem. As a Partner at Venture Studio Associates, he collaborates with studios managing over $500 million in assets, providing strategic guidance on design, operations, and scaling. Through his Substack newsletter, Venture Studio Perspective , Matthew shares in-depth analyses and insights drawn from his study of more than 500 venture studios worldwide. With a background that includes organizing and mentoring at Startup Weekends across Indiana, where he worked with over 450 aspiring entrepreneurs, Matthew brings a wealth of experience in turning ideas into viable businesses. Matthew is passionate about demystifying the venture studio model and helping founders and investors make informed decisions through proven frameworks. The Venture Studio Forum A global nonprofit trade association dedicated to advancing the venture studio model as a recognized and impactful asset class in the startup ecosystem. It serves as a central hub for studio operators, investors, and ecosystem supporters, providing resources, research, and a collaborative community to foster the growth and success of venture studios worldwide. SHOW NOTES Music Credit: " Neptuno" - Phondupe (Album: Onykia) Summary In this episode of Startups Decoded, Andy Walsh interviews Matt Burris about the evolving landscape of venture studios. They discuss the history, current market perception, and the challenges faced by venture studios as an asset class. Matt shares insights on the Venture Studio Forum, the importance of validation in the startup process, and the development of the Venture Studio Index. The conversation also touches on equity models and the future of venture studios in the investment ecosystem. Chapters 00:00 Introduction to Venture Studios 03:08 The Evolution of Venture Studios 05:20 Current Market Perception of Venture Studios 07:07 The Venture Studio Forum 09:33 Defining a Venture Studio 11:03 The Role of Automation in Startups 13:46 The Importance of Validation 15:04 The Stages of Building Companies in a Studio 17:34 Balancing Intuition and Data 20:44 Creating Standardized Reports for Investors 22:49 Gathering Insights and Data from Studios 26:15 Identifying Studio Challenges 27:41 The Venture Studio Index Explained 30:58 Evaluating Studio Roles and Strategies 36:08 Understanding Operator Equity Models 40:41 Investor