Some of the benefits for a venture studio to have a fund and the structure is covered in this article here:
https://govclab.com/2023/04/25/how-to-build-a-venture-studio/Inevitably, almost all successful venture studios will have a fund, since this allows the venture studio to scale in a more structured and thoughtful way. The fund allows the venture studio to control their own destiny by backing the best outputs with more capital and, possibly, through multiple funding rounds.
Since the outcome is inevitable to have a fund, then it makes often to start with a fund or to launch a fund early in the process.
