Ownership for everyone drives value for everyone.

Audily

Building resilient and profit-driven businesses.

Audily President Matt Wells discusses the value of launching Audily, the studio experience, continued support, and the future of the Podcast and audiobook production industry.

Profit-Sharing & Equity Comp

Our purpose is simple: Set talented people free through the power of ownership.

nth Venture’s deep alignment philosophy allows us to build sustainable, disciplined businesses and reliably place world-class talent.

Both in the studio and in our ventures, we unapologetically align incentives through profit-sharing and equity.

The academic literature is crystal clear when it comes to incentive alignment and we’re a living example of it. We’re just a little more radical in how we apply it.

The result is all our people are intensely focused on organizational performance in ways that drive long-term value and minimize early costs.

The combination of our unique, inertia-overcoming compensation structure with a seasoned studio staff and launch process has created a value-generation machine with our goal of widespread ownership at the heart.

It means true skin in the game, no your matter your level in the organization.

Building For Forever

"Sam and the team have created a special sauce for building innovative new businesses." - David Wan

Retired Chairman & CEO

We don’t give tips and hold happy hours. We’re hands-on builders.

We start with ideas generated internally by the studio team, find the very best executives in the world to build them out, and spend six months supporting them as they build out an organic growth machine business.

Merchant Boxes

Moving and growing faster with nth Venture.

Merchant Boxes President Doug Epperly discusses the value of launching Merchant Boxes, the studio experience, continued support, and the future of the packaging industry.

Why It Works

Strong Bias to Autonomy

Our incentive structure means we get to spend less time managing performance and more time building. Our teams work where, when, and on what makes sense. People deserve ownership not only in the places they work, but of their lives. We make certain they get both here.

Radical Incentive Alignment

We believe that tying pay to hours worked is an unfortunate vestige of the industrial revolution that isn’t a great fit for the modern working world. By compensating our people on a profit-sharing basis we unlock the extraordinary power of durable, high-performance teams.

Effective Support

We provide a top-flight working platform for great talent so they can focus on doing their life’s best work and build businesses that make an impact. Our functional support and shared services give our ventures more bandwidth to focus on being exceptional in their field.

Our Investment Philosophy

Our disciplined approach is centered around the exceptionally clear results of decades of academic work and practicing exemplars like Berkshire Hathaway, Markel and DFA.

  • Invest for the long-term,

  • avoid fees,

  • ensure proper – but not excessive – diversification

  • in simple businesses with

  • passionate, effective and high-integrity managers.

We apply those principles in the studio to cultivate a portfolio of strong, resilient companies where people can work long-term and see the fruits of their labor.