We believe in people, not products; this is why we have a founder driven approach for our ongoing brainstorms. Our goal is to collaborate with industry experts and potential co-founders through a series of brainstorming sprints to help us identify and match the best founders with the best ideas.
A market research deep dive into this newly identified pain point is key. Before going 0 to 100, we seek market validation by developing a preliminary strategy consisting of a landing page and driving traffic to these built-out digital assets to assess traction.
If we’re happy with the initial traction received, we bump the idea up to the build phase and begin to design an MVP– or minimum viable product– with just enough features to satisfy early users.
Simultaneously, we are also visually and legally bringing the brand to life.
Here’s where things get exciting with a strategic company launch and pilot-user acquisition. Our primary goal in this phase is to generate a substantial user base and hit revenue. This is where we really hone in on that product-market fit.
With proven traction and revenue, it’s time for this company to leave the LV nest. To fuel growth, we assist our companies in raising outside funding, help them hire the right talent, and provide guidance to drive sales-focused marketing efforts so that our portfolio companies can stand on their own.
Expetitle is a virtual title company that uses technology to expedite and improve the overall closing experience.
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Visit Website“LAB Ventures brings a great balance of cross-functional skills to build a long-term sustainable business. I wouldn’t have been able to build Expetitle without my partnership with LAB Ventures.”