Key Insight: Effective systems design can generate substantial value by leveraging reusable components, enabling venture studios to accelerate product development across multiple startups.

Challenge

Venture studios working on multiple joint ventures face the challenge of reducing development time while maintaining high-quality outcomes. A key strategy involves creating modular, reusable components that can be adapted across various industries, from food and beverage management systems to fintech platforms.

In 2020, I contributed to the development of an online restaurant management and ordering system aimed at premium restaurants. My focus was on backend development, particularly in designing a scalable, service-oriented architecture.

Constraint and limitations

With a small team, we faced the challenge of building a flexible architecture that could support future projects. We adopted a layered design approach, balancing the trade-offs between immediate needs and long-term adaptability.

What we did

Our team employed a strategic planning process to prioritize which components would be most valuable for reuse in future projects. Collaboration was key, particularly in defining interfaces and aligning on design principles that would allow our architecture to evolve efficiently.

To ensure consistent behavior across development, testing, and production environments, we implemented containerization practices. This minimized potential delays and discrepancies, enabling smoother transitions between different project phases.

Results

The approach paid off when, within a few months, we applied our reusable components to a more complex project in the fintech space. The modular design allowed us to rapidly scale up and address new challenges, such as enhanced security, compliance requirements, and third-party integrations.

By focusing on strategic design and reusable components, our team was able to deliver high-quality solutions efficiently, meeting the demands of different industries while minimizing redundant effort.

References

• BayaniPay. (July 28, 2021). Los Angeles-Based Fintech Innovator Launches Cross-border Financial Services for Millions of Filipino Americans in the United States. BayaniPay. https://www.bayanipay.com/blog/los-angeles-based-fintech-innovator-launches-cross-border-financial-services-for-millions-of-filipino-americans-in-the-united-states
• Republic. (May 16, 2022). BayaniPay: Venture backed borderless banking with 3x founder. https://republic.com/bayani-pay-2022
• Talino Ventures. (n.d.). Talino Ventures’ Venture Studio Model. https://www.talinoventures.com/