We’re a product focused Venture Studio. What that means is that we excel at the end-to-end creation of new ventures built around innovative digital products.
Our mission is to drive the world forward by transforming ambitious ideas into unstoppable businesses. We do that by partnering with founders to incubate their ideas using our system of company building, along with world class product teams of designers and engineers. Our venture portfolio is 6 years old and has a 90% success rate so far, compared to the success rate of startups in the wild which is around 10%.
But we don’t just do this for ourselves and our founders. We also work with businesses who are already on their growth journey and need help either creating new digital products or accelerating existing ones. The same expertise and talent that we use on our own ventures, we give access to as a service for our clients. We can attract high quality, innovative, entrepreneurial talent because of the type of venture building work we do — and because we offer our employees equity in our venture portfolio. One of our biggest success stories in helping existing businesses scale is Afterpay who we’ve helped accelerate to the point where they were acquired by Block for 29 billion.
Businesses need to innovate in order to stay relevant and succeed. Startups are the most innovative type of business — however startups are risky. Paloma has a repeatable model of startup and venture creation which can take much of the risk away and help your business scale.