This process identifies opportunities and resources, designs and tests business models, engages management and obtains financing – as well as launches, operates and grows the businesses. At each stage of the process, Sandbox continuously screens, refines, and tests business ideas. About 1000 plausible ideas for new businesses are required in order to launch 2-6 businesses per year.

Once a business project reaches the stage of having it’s own management, it is run in an independent and entrepreneurial way, with appropriate incentives in place for success. When outside management is brought in, Sandbox stays involved in the strategy development and key operations to a much greater extent than is typical in most venture capital environments.