Venture Capital 2.0

In Venture Capital 2.0, veteran entrepreneur and venture studio pioneer John Cowan reveals how modern venture studios are replacing the failed VC model with something radically different-and better. Drawing from 25 years of building companies, surviving misaligned partnerships, and leading Next Wave Partners, Cowan presents battle-tested frameworks for the future of innovation finance.

You'll discover:

• Why the Law of Venture Reciprocity creates sustainable value where traditional VC extracts it
• How innovative instruments like the Safer align all stakeholders around operational success
• The three pillars that differentiate transformative studios from incremental experiments
• Why permanent capital vehicles and revenue-based returns outperform exit speculation
• Practical blueprints for building venture studios that compound capabilities over time

This isn't theoretical-it's a practitioner's guide forged through real venture creation, corporate spinouts, and painful lessons learned. Whether you're launching your first studio, evolving an existing one, considering partnership with a studio, or simply seeking to understand the future of innovation finance, this book provides the roadmap.

The power law era is ending. The choice is clear: continue propping up a broken system with financial engineering, or build the systematic frameworks that will define the next generation of venture creation.

For entrepreneurs, investors, corporate innovators, and anyone who believes innovation deserves better than today's extractive capital model.