Episode Breakdown

• Lessons from 10 years of venture studios
• Does a “corporate startup” exist?
• Internal vs. external venture creation: frameworks and pitfalls
• Why most internal “startups” never deliver
• The right moment and model for launching external startups
• Practical advice on governance, incentives, and measuring success
• Trends and headwinds in innovation teams
• Quickfire: books, podcasts, and startup ideas

Featured Guests

• Elliott Parker — CEO, Alloy Partners (LinkedIn)
• Drew Beechler — VP of Marketing, Alloy Partners (LinkedIn)

Referenced in the Show

• a16z partner's tweet on “no such thing as a corporate startup”
• Wharton & Mack Institute Corporate Venturing Report (2025)
• Indie.vc's Bryce Roberts’ “one-person billion dollar company” thesis
  • It's not quite a "billion-dollar one-person company", but the Indie.vc website says:
    We’re obsessed with the idea that someone is going to build a business doing $100M in revenue with less than 10 employees and see it as this generation of founders’ 4 min mile. Once someone shows it can be done, many more will follow. We want to partner with the one that does to help define a repeatable playbook for those that follow.
• Google/Alphabet Acquired podcast episode
• The Price of Time (book)
• Founders Podcast

Resources & Related Links

• Alloy Partners: https://www.alloypartners.com
• Advantaged podcast: https://advantaged.alloypartners.com
• Contact Alloy Partners for venture-building collaborations: https://www.alloypartners.com/connect

Advantaged: An Alloy Partners Podcast