Methodology
Structure
From various starting points, Criterion
Ventures constructs the model and capacities
required to achieve the venture's goals. The
components are familiar - business models and
strategies, team, funding, legal entities,
risk, requirements, etc. Some ventures
have clearly defined business models, but need
teams. Others have a strong collection of
players, but lack a financial model.
Yet elegant structure evolves not from myriads of requirements lists or potential partners but from a varied team working at the nexus of disciplined thought and creative possibility. As we consider structures, we expand possibilities by bringing players to the table based on the project's needs. Work on the structures and logistical features feeds the development of a potential team around the venture as the set of partners that can moving a venture forward and the talent (both paid and volunteer) that will make the venture work come into the conversation.
Structuring includes business planning, resource recruiting, establishing legal and governance structures, and performing due diligence.