Digital Ocean Ventures is a company in the portfolio of WP2 Investments, which operates in the startup studio model. Its goal is to build a business idea from 0 to 1. What does it mean, what does it entail and according to what principles does such a company operate?
About venture building /startup studio
The venture builder's work model, or as its founders prefer to call themselves - startup studio, is based on starting work from the level of just a business idea. The task of a venture builder is to build an autonomous and effective team in such a way as to verify as quickly as possible whether a given idea is valuable and, as a result, whether it is worth spending money on. Therefore, it is necessary to have a variety of competencies in one place that are useful in building companies from scratch.
Experimentation in business
The DOV team works on the basis of the product discovery method, which is a method developed at Silicon Valley and is based on an agile process of developing solutions that are tested in a group of recipients at a very early stage.
This means that DOV founders conduct planned business experiments while examining their reception. At a time when a huge number of products and services are already on the market - experimentation is often the only way to find such an innovation that will bring many times the return on investment in a short time.
DOV's investments to date:
The Digital Ocean Ventures team has invested in three products so far:- https://www.bidfinance.pl/ - is a B2B platform for handling debt portfolio auctions between debt financing and servicing companies. Until now, the market worth billions has been served by telephones, e-mails and even faxes. The feedback signal from companies that the company has received from the market only confirms how helpful the solution offered by BidFinance can be.
- https://p100.io/pl - is an application that is a portfolio with financial functions, improving the management of the so-called "digital money". With the P100, you can exchange fiat currency for crypto and crypto for fiat more easily. The P100 has a so-called ledger function, thanks to which the user is fully the owner of his crypto (unlike exchanges or Revolut). And what is important for users: it gives you the opportunity to make a card purchase, e.g. in Żabka using crypto.
- https://stone.live/ - is a marketplace that helps boutique owners reduce and streamline the costs of selling clothes. On the other hand, wholesalers and manufacturers of clothes gain access to many sellers thanks to this Stone platform, to which access is currently limited or impossible for them.
