TLDR:
- Stephen Konig leads Mudita Studios, a startup studio spinning out B2B software companies in Seattle.
- Mudita Ventures Partners launched Mudita Studios about a year ago with a focus on early-stage B2B enterprise software startups.
Summary:
Another startup studio has emerged in Seattle, with Mudita Ventures Partners leading the way. Stephen Konig, a former Google product management leader, heads Mudita Studios in Seattle. The studio has spun out four startups, including Official AI and Stellis AI, both based in Seattle, focusing on B2B enterprise software. The studio follows a typical model of testing different ideas and finding entrepreneurs to lead spinouts, with some funding from Mudita Venture Partners. Despite concerns about equity and risk, Konig highlighted the benefits of the studio model in reducing risks for entrepreneurs. The studio has joined the ranks of other startup studios in Seattle, teaming up with Pioneer Square Labs to incubate Official AI. Konig emphasized the importance of diligence in building successful businesses amid the hype around AI.
