It doesn't seem to be stopping eFounders, even though last week was the worst in a long time. The startup studio is launching a new sub- studio called 3founders.
The name suggests that 3founders is focused on startups that are related to the internet. The eFounders team is betting that web3 is more than just a fad. This isn't the first time eFounders has created a separate studio. eFounders launched a studio called Logic Founders last year.
This isn't the first time eFounders has launched a startup. The studio built a wallet for small businesses called Multis.
Multis wants to build the financial backbone of crypto-native organizations
If you're not familiar with eFounders, the startup studio comes up with ideas for new startups, teams up with two co-founders and help with the product-market fit phase in exchange for a stake in the startup.
Aircall, Spendesk and Front are portfolio companies. 33 companies have been launched by eFounders. They generate $170 million in annual recurring revenue and employ 2,000 people.
The sub- studio will soon have its own team and portfolio of startups. There isn't much to see at the moment.
The first startup will be a cohort. This new startup is co-founded by CEO Séraphie de Tracy and CTO Nathan Barraill, and will allow brands and organizations to offer NFTs to their most loyal community members.
Customers will be able to access exclusive experiences with these token. It reminds me of what OurSong or Royal has been trying to do with music artists.
Florent Quinti said in a statement that they are currently working on several web3 ideas and aim to launch more startups rapidly.
It will be interesting to see if 3founders can build a track record that looks like eFounders.
Artists like Harry Connick Jr. are using web3 to engage with fans