Charles BurtCorporate Venture Building
Available now · London-based · Remote-first · Global

Corporate venture building, for established companies that want a software product or a new division.

I’ve founded and run software companies of my own. Your venture gets built by someone who has done it before.

Get in touch → See the deal

When venture building is the right answer.

Companies come to venture building from three directions. Whichever brought you here, the first step is the same: a decision document the board can act on. The note under each card shows where I’ve done the work before.

You want a software product and the revenue line it carries.

The domain knowledge and the customers are already yours. What’s missing is the person who has taken a product from idea to paying market and can do it again inside your company.

Founded Colossal Games · shipped Commando Jack to #1 in 36 countries with EA Games / Chillingo

You want a new division, run like a company of its own.

That means its own legal entity and P&L, protection from the parent’s processes, and revenue reported like any business you own. A lab gives you none of that.

Built and led a ~15-person team · raised £450k+ · no salary for 5 of its 7 years

The board wants AI put to work, and nobody can say where.

You’ve seen the demos. What you haven’t seen is a number: what AI would earn or save in your business, and what finding out costs. The decision document is that number.

Ships production software with AI (Claude Code) under my own architecture · AI & data features for Coca-Cola, Mars, Unilever and L’Oréal

What is venture building?

Creating a new company from scratch: validating the idea, setting up the entity, building the product, finding the first revenue. A venture builder is the operator who does that work. Corporate venture building does it with an established company as the backer, using assets the parent already owns: brand, customers, domain knowledge.

Corporate venture capital is a different job: CVC buys stakes in other people’s startups and waits. Venture building creates and runs your own. The same goes for digital transformation, which modernises the business you already have. Venture building makes a new one next to it, with its own P&L.

The nearest relative is the innovation lab, and labs fail so often the failure has a name, innovation theatre: demos, press coverage, no revenue. The problem is baked in: a parent company’s own processes suffocate the new venture. That’s why you hand the work to an outside operator with room to run.

I also offer this as: corporate venture builder · venture building company · corporate venture studio · venture studio (UK) · corporate innovation consultant · digital product studio · entrepreneur in residence.

Looking for a new product development consultant?

If it’s a new product development consultant you’re after, the decision document is that job under an older name: what to build, what it costs, how it’s governed, and when you’d stop. You can commission it on its own. A fair question: “How is this different from the consultants we’ve already paid?” They handed over a recommendation and left. Here, the person who wrote the document stays on to form the entity, recruit the team and ship the product, and you judge the result on a live P&L.

What you get: a decision, then a venture.

Three stages, in a fixed order: the decision document, then building the company, then running and growing it as a business.

Stage 01

The decision document

Board-ready · fixed fee · 2–3 weeks

  • Commercial strategy: a formalised breakdown of the target market, product scope, and revenue model.
  • Success metrics: quantifiable KPIs that will dictate project viability.
  • Capital allocation: tranche-based funding requirements tied directly to specific milestones and expected ROI.
  • Governance framework: corporate structuring with a separate legal entity, IP assignment, and upfront equity distribution.
  • Kill criteria: objective, data-driven thresholds for halting the project to prevent sunk-cost traps.
Stage 02

Building the company

Set up outside the parent’s processes

  • Incorporation & talent acquisition: legal entity formation and end-to-end recruitment of the team. One company of mine drew 5,000+ CVs; I read them and made the hires, with 63 recruitment agencies on my contact list.
  • Product development: engineered under my architectural blueprint, accelerated by AI-assisted delivery workflows and rigorous technical review.
  • Venture ring-fencing: the entity ring-fenced to protect against the parent’s processes.
Stage 03

Running and growing the business

A live P&L, reported on one page

  • Launch & iterate: go-to-market execution and continuous KPI monitoring. The product and commercial model are rapidly adjusted to secure product-market fit before deploying paid growth strategies.
  • Executive transparency: a streamlined, one-page board dashboard detailing live P&L metrics, revenue, burn rate, and remaining runway.
  • Gated capital: milestone-driven funding releases requiring formal go/no-go board decisions based on hard performance data.

What does venture building cost?

Unmitigated capital exposure is the primary reason boards reject new venture initiatives. To address this risk upfront, below is a transparent cost breakdown anchored in established market benchmarks:

Full venture studio (market)
$1.4m–$2.5m a year

Marked benchmarked average annual budget for a studio’s core team and tooling before any venture earns (2025). Underfunded studios have a market name: zombie studios.

One operator, one venture
Retainer or salary, plus a share

Quoted per venture; UK senior interim and fractional rates run £800–£2,000 a day (published market range).

The decision document
Fixed fee, 2–3 weeks

Quoted before any work starts. The document stands alone; any builder can execute it.

How I price

Cash is always part of my deal, along with shares. A retainer or salary, plus an agreed stake in the new company. Never equity only. The decision document is yours to take to anyone, its fee credits in full against the build if you go ahead with me, and you can stop the venture at any milestone.

Who this isn’t for

If the job is modernising systems you already run, that’s transformation consulting, not this. If the need is technology leadership over an existing product, that’s a fractional CTO or technical cofounder. And if you’re a founder rather than an established company, start at the venture readiness audit.

Get in touch →

The receipts.

This framework isn't theory; it’s built on real experience. It comes from companies I’ve founded, products I've shipped inside corporate environments, and the hard-won experience of knowing exactly when to pull the plug on a failing venture.

Founder & operator · Colossal Games · 2009–2015

Founded, funded and ran a product company

Hired and led a ~15-person team; put in place publishing and platform relationships (Apple, Microsoft, Google), QA, legal and investors. Launched Commando Jack to #1 in 36 countries with EA Games / Chillingo, 2M+ downloads. Raised £450k+, including £50k in 2 weeks at a £1.25m valuation. Revenue peak of £600 per day from one app.

Microsoft award winner · top 10 of 150+ studios
Inside large organisations · R/GA / McDonald’s · 2017

~£2m in annual savings found

Trusted with the global Happy Meal app across ~40 markets and 42 languages. Assessed the ~30-person external development partner and got close to the commercials. Found ~£2m in potential annual savings within 3-months of joining.

R/GA offered me a permanent role heading the function
Board-level turnaround · NEOM · 2021

An overdue programme put back on its feet

Inherited an overdue digital-twin programme on NEOM’s giga-project. Diagnosed the issues across team, delivery practice, architecture and platform, then restored dependable execution.

Strategic recommendations presented to the CEO and board
Healthcare · Immersive Medical · 2022

I’ve wound down a venture of my own

I founded a VR telemedicine platform and reached a provisionally agreed NHS physiotherapy pilot. When the NHS sponsor moved on and the funding ended, I wound it down. The stop clause in your decision document is written by someone who has applied one to his own company.

Single-sponsor dependency · the lesson now informs the stages

The consultancy I founded and staffed delivered for JP Morgan, HP, IBM, McDonald’s and EE, and cut development cost 40% on a JP Morgan engagement. It generated a passive £1,500+ a day, my involvement dropped to four hours a month (effectively £1,000/hr). This freed the time and funded Colossal Games and Immersive Medical. Today I’m shipping a subscription product, AI-assisted under my own architecture, launching 2026. Track record, products and demo videos: the work · the validation.

From one page to a live venture.

01

Initial alignment

Send a one-page brief or schedule a 20-minute discovery call at no charge. We will assess mutual fit, determine if the venture model suits your goals, and provide a fixed quote for the Decision Document.

02

The decision document

A 2–3 week sprint to deliver board-ready scope, capital requirements, governance, and kill criteria. You own this IP regardless of next steps.

03

The board review

Green light, pivot, or stop. Halting the project here is a valid, successful outcome - limiting your total exposure to the fixed cost of the document.

04

Build and scale

We incorporate the entity, hire the team, and launch the product. Progress is measured against a live P&L from month one, with future capital gated by formal board decisions.

Questions boards ask.

What is venture building?

Venture building is the end-to-end process of creating a company from scratch: validating the business case, structuring the entity, shipping the product, and securing early revenue. A venture builder is the dedicated operator who executes this work. In corporate venture building, the backer is an established enterprise. This gives the new venture an "unfair advantage" by allowing it to leverage assets the parent company already owns—such as brand equity, distribution channels, and deep domain expertise.

How is venture building different from corporate venture capital?

CVC buys equity in someone else’s startup and waits for a return. Venture building creates and runs your own. The fundamental difference: CVC is an investment vehicle, while venture building is an operational capability. You don’t deploy a fund to do it; you bring in a builder to execute it.

What’s the difference between digital transformation and venture building?

Digital transformation modernises the legacy systems and processes within your existing operations - typically structured as a traditional consulting engagement focused on efficiency. Venture building is entirely different: it’s about creating a brand-new business next to your core operations, complete with its own product, P&L, and legal entity. If you're looking to build entirely new revenue streams rather than just fixing internal processes, you're on the right page.

What does venture building cost to run?

While a full venture studio requires a $1.4M–$2.5M annual baseline budget (market benchmark, 2025), the single-operator model mitigates this capital risk. The commitment is strictly phased: starting with a fixed-fee Decision Document, and converting to a retainer or salary (at standard UK senior rates of £800–£2,000/day) plus equity only once the board approves the build.

Who owns the IP?

All IP belongs to the new venture. Before execution, we set up a separate legal entity, lock in the exact equity split (the parent's stake and mine), and assign the IP. This shields the parent company from operational liability and lets the venture move fast.

We’re a profitable non-tech company and want to launch a software product. What are our options?

You generally have four paths:

  • Hire a CTO & team: slow to assemble; expensive to unwind.
  • Hire an agency: you get code, not a commercial business.
  • Acquire: you inherit someone else’s technical debt and problems.
  • Venture building: one operator builds and runs the new entity, starting with a fixed-fee decision document to strictly cap your risk before any major capital is committed.
Who can build a new software division inside our company?

It requires an operator who owns the three disciplines that are usually split across different hires: the product instinct to invent it, the technical depth to build it, and the commercial discipline to make it pay.

Most companies have to hire a trio of executives to cover this ground. I am that rare operator who owns all three natively, and I have the hard numbers to prove it:

  • Zero-to-one founder (product): founded a games studio, raised £450k+ at a £1.25m valuation, secured an EA Games publishing partnership, and built a product from scratch that hit #1 in 36 countries with 10M+ plays.
  • Enterprise delivery (technical): inherited and rescued an overdue B2B digital-twin programme for NEOM (presenting the turnaround directly to the CEO and board), and cut development costs by 40% on a JP Morgan engagement.
  • P&L ownership (commercial): identified ~£2m in annual savings in under three months for the McDonald’s global app across ~40 markets.
What is an entrepreneur in residence?

It’s essentially the in-house title for what I do. You bring an experienced founder inside your company to build a net-new venture, leveraging the assets you already own. Venture building is the exact same work, just structured as an external engagement rather than an internal hire. I actively take on both. If you have the backing to stand up a new division and need the right operator in-house to actually build it, let's talk.

Can you run a venture studio for us?

Yes. A studio means parallel teams and multiple products in flight - a different beast from a single venture, and the one I know: a ~15-person games studio running several titles, a staffed consultancy running concurrent client work. The budget above is simply what that parallelism costs to run.

How is this different from the consultants we’ve already paid?

Recommendations stop with them. Execution starts here. While the first deliverable—a board-ready decision document—looks like consulting work, it carries hard capital figures, a stop clause, and a roadmap. Then, I stay on to form the entity, hire the team, and ship the product. You aren't paying for advice; you're paying for a live P&L.

One page on the idea, or a call.

A 20-minute call to check fit, no charge. Your venture gets built and run by someone who has founded and run software companies of his own. I read every message and reply if I can help.

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