Jakarta Founder Institute Returning on May 24, 2012Early Registration close on April 22, 2012
Jakarta Founder Institute in 2011• FALL 2011 Semester : • 132 registration, 43 accepted to the program (32.5%) • 4 months extensive mentorship program, graduated 13 founders which currently working to build their IT companies. • Graduation Day attended by +200 parties from startup ecosystem and supporters, medias, vendors, incubators and ventures.
About us:Jakarta Founder InstituteIndonesia Startup - Global NetworkThe Founder Institute is a global network of startupsand mentors that helps entrepreneurs launchmeaningful and enduring technology companies.
Locations Chicago Budapest St Louis Amsterdam Denver Brussels Boston Berlin Houston Seattle New York ParisSilicon Valley Washington DC Tel AvivLos Angeles Hanoi San Diego Jakarta Guadalajara Singapore Bogota Sydney Medellin Santiago Rio
Our VisionThe Founder Institute aims to improve the rate ofstartup success by providing high-potentialentrepreneurs with expert training, critical objectivefeedback, and peer support.
Our Formula(Great People) + (World Class Training) + (Aligned Incentives) = Exponentially Better Chance of Success
Great Companies Start With Great PeopleProprietary Predictive Admissions Test to ﬁnd thebest people.This social science test was developed along withleading university social scientists, and is regularlycalibrated to identify entrepreneurial personalitytraits and remove all forms of subjective bias.
World Class TrainingA four-month program with weekly company-buildingassignments guided by a worldwide network of over500 Mentors that are founders themselves.Our curriculum was initially crowdsourced by the15,000+ CEO members of TheFunded.com, and hassince been improved using the Institutes experiencerunning chapters in over 20 cities.
Jakarta Founder InstituteMentors & Support Network 2011 Details on all registered mentors in Jakarta Founder Institute, pls refer to http://ﬁ.co/mentors
Founder Institute Global MentorsAaron Patzer, Adeo Ressi, Barry Silbert, Founder & CEO, Mint.com Founder & CEO, TheFunded.com Founder & CEO, Second MarketBart Decream, Phil Libin Bram Cohen, Founder & CEO, Tapulous CEO, Evernote Founder, BitTorrentBubba Murarka, Dan Shapiro, David Sacks, BD, Facebook BoD, PhotoBucket CEO, YammerGarreH Camp, Gina Bianchini, Glenn Kelman, CEO, Stumbleupon Cofounder, Ning CEO, RedﬁnHeather Harde, Izhar Armony, Jake Nickell, CEO, TechCrunch GP, Charles River Ventures Founder, ThreadlessJason Calacanis, Jordan Greenhall, Mark Pincus, CEO, Mahalo.com Founder, DivX Founder & CEO, ZyngaMaH Shobe, Michael Arrington, Philip Kaplan, Cofounder, Feedburner Editor, TechCrunch Founder, Adbrite
Aligned IncentivesThe Founder Institute employs a unique Bonus Poolwhere everyone shares equity in the companies formedfrom each semester.Each Graduate contributes 3.5% of their companyequity in warrants to a 10-year Bonus Pool with otherpeers from the current semester.When one succeeds, everyone receives ﬁnancialupside.
DifferentiationShared equity upside among all stakeholdersSupport employment of enrolled FoundersNo bias for ideas of business typesLocal community developmentTop CEO Mentors and service providersNo funding preferences – bootstrap, angel,venture, government = Ok
Other BeneﬁtsFlexibility - Idea or no idea, early stage startup or no startup. You are not evenrequired to quit your day job.Services and Scale - Free and discounted services from leading law ﬁrms, hostingcompanies, technology providers, and over 50 other vendors. We also collect data,feedback, and reviews to select the best Mentors, improve the curriculum, ﬁne tunethe test, and improve the experience for participating Founders.Investment Support - Introduction to local angels and venture capitalists throughoutthe program at three "investor sessions.“ Feature on an exclusive “Founder Angels”mailing list. Invitation to participate in large-scale Founder Institute pitch events - suchas the Founder Showcase in Silicon Valley.
Process Select Predictive Social Science Test Train Four Month Curriculum Motivate Protective Legal Framework Help Peers, Investors & Discounts
Process Month 1 Month 2 Month 3 Month 4 Ideation Planning Setup Awareness Vision Legal Product Marketing Research Revenue Outsourcing Presentation Naming Recruiting Partners Funding• Weekly business building assignments• 3 sessions per month• 3 mentors per session• In the evening
FeesFees Amount Description waived if apply before April 22, 2012Application USD 50.- For admission test processing For catering, supplies andCourse USD 650.- operationsBonus Pool 3.5% Optional upon graduationTuition USD 4,500.- Conditional on external ﬁnancing