tl;dr: The Momenta Lab project started for the purpose of building a Venture Studio company. We underestimated the intensity of research to test our hypotheses. We were successful in coming up with a business model (strategic, financial, legal, operating) which the market has confidence in. We did not have the financial means and adequate clout which were requisite in the model. We were unsuccessful insofar as we did not launch the company. These findings and the model is something I intend to pursue one day.
This is the name of a recent project of mine seeking to establish a Venture Studio. The objective was to create and operate profitable, right-sized technology products.