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Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
Founder Institute - Presentation
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Founder Institute - Presentation

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The Founder Institute is the World's Largest Startup Accelerator, with over 550 graduate companies across 32 cities, 13 countries and 5 continents. Through our four month program, you can launch your …

The Founder Institute is the World's Largest Startup Accelerator, with over 550 graduate companies across 32 cities, 13 countries and 5 continents. Through our four month program, you can launch your dream company with expert training, feedback, and support from experienced startup founders and CEOs - while not being required to quit your day job.

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  1. Wednesday, October 17, 12
  2. What  is  the  Founder  Ins0tute? • A  global  network  of  startups  and  mentors  that  helps   entrepreneurs  launch  technology  companies.   • The  World’s  Largest  Idea-­‐Stage  Incubator   • A  startup  building  startups:  globally  operated  by  4  people  out   of  a  garage  in  Silicon  Valley  (yep,  that’s  right!) • Goal  is  to  Globalize  Silicon  Valley  and  launch  over  1,000   meaningful  and  enduring  technology  companies  per  year.Wednesday, October 17, 12
  3. Where  do  we  fit  in?Wednesday, October 17, 12
  4. 500+ Grads 800+ Mentors the  network 22+   75+   Ci6es PartnersWednesday, October 17, 12
  5. The  Problem • Star0ng  and  running  a   startup  is  hard • There  is  no  playbook • Success  is  rare • We  want  to  help   entrepreneurs  avoid   deadly  mistakesWednesday, October 17, 12
  6. Our  Philosophy • Ideas  are  largely  irrelevant • Great  companies  start  with   great  people • Great  People                                                 +  Expert  Training                             +  Aligned  Incen0ves  =   Exponen6ally  Be?er   Chance  of  SuccessWednesday, October 17, 12
  7. How  Do  We  Find  Great  People? Social  Science-­‐Based  Admissions • Proprietary  ap0tude/  personality  test  to   apply   • Developed  by  leading  social  scien0sts  in   conjunc0on  with  FI • Removes  idea  evalua0on  and  other   subjec0ve  bias  from  admissions  process • Featured  on  CNN  Money.com  –  “Predic0ng   Entrepreneurial  Success”  (Aaron  Patzer)Wednesday, October 17, 12
  8. Expert  Training Phase  1:  Idea  Refinement Phase  2:  Business  Setup Phase  3:  Launch  Planning 1.  Startup  Basics 6.  Startup  Legal/  IP 11.  Outsourcing/  Suppliers 2.  Vision/  Values 7.  Cofounders/  Hiring/  Firing 12.  Marke0ng/  Sales 3.  Startup  Research 8.  Revenues/  Costs/  Profits 13.  Presenta0on/  Publicity 4.  Naming/  Branding 9.  Product  Development 14.  Fundraising 5.  Mentor  Idea  Review 10.  Mentor  Progress  Review 15.  Gradua6on   • 4  Month  Curriculum • 3+  Mentors  /  Session • Emphasis  on  Group  Work  and                                                                                                                                                                Constant   Feedback/  Evalua0on • Not  Required  to  Quit  Your  Job • ~  20  hrs  /  week  commitmentWednesday, October 17, 12
  9. …  Taught  by  Seasoned  Founders - Elon Musk (PayPal, Tesla) - Nolan Bushnell (Atari) - Marc Pincus (Zynga) - Peter Guber (Mandalay Entertainment) - Jeff Dachis (Razorfish) - Bram Cohen (BitTorrent) - Jason Calacanis (Mahalo) - Jonathan Abrams (Friendster) - Scott Heiferman (Meetup.com) - Naval Ravikant (VentureHacks) - Aaron Patzer (Mint.com) - Will Bunker (Match.com) - Michael Arrington (TechCrunch) - Jake Nickell (Threadless) - Jon Nordmark (eBags) - Gregg Spiridellis (JibJab) - Phil Libin (Evernote) - Luke Beatty (Associated Content) - Jordan Greenhall (DivX) - Dan Shapiro (Ontela/Photobucket) - Phillip Kaplan (Adbrite, Blippy) - Glenn Kelman (Redfin) 800+  Global  MentorsWednesday, October 17, 12
  10. …  With  Incen0ves  Aligned Shared  Equity  Bonus  Pool • Founders  contribute  3.5%  in  warrants  to  a   Bonus  Pool  shared  between  all  par0cipants – 40%  goes  to  the  Founder  Ins0tute – 30%  to  Mentors  (their  individual  shares   based  on  anonymous  ra0ngs  from  students) – 30%  back  to  the  Founders  themselves  (you   own  a  piece  of  your  fellow  gradua0ng   companies) • Amazing  things  happen  when  smart  people   work  together  toward  a  common  goal Crea6ng  teamwork-­‐based,  local  startup  ecosystems  =  Globalizing  Silicon  ValleyWednesday, October 17, 12
  11. The  Result:  500+  Companies  Already • 550+  Founders   Graduated • 41%  receive  funding   within  6  months • Only  9%  of  companies   fail  in  the  first  18   monthsWednesday, October 17, 12
  12. Growing  Worldwide  Entrepreneurship Brussels Berlin Seattle Chicago Paris San Francisco St Louis Boston Amsterdam Silicon Valley New York Los Angeles Washington DC Denver Singapore San Diego Houston Jakarta Hanoi Bogotá Sydney Santiago Currently  in  22  loca6ons  –  30+  planned  in  2012Wednesday, October 17, 12
  13. …  and  the  Economics? Fee Amount Descrip6on Applica6on €50 For  Admissions  Test  Processing* Course €750 For  Catering,  Opera0ons,  Mentor  Travel Bonus  Pool 3.5% You  share  in  the  success  of  your  peers Condi0onal  if  you  get  External  Financing   Tui6on $4,500 aqer  the  Program *  Free  for  Bootcamp  A?endeesWednesday, October 17, 12
  14. Some  Tes0monials  Wednesday, October 17, 12
  15. Why  Apply? • Flexibility  –  You  don’t  need  an  idea  to  apply,  and  sessions  are   held  at  night  so  you’re  not  required  to  quit  your  day  job.   • Expert  training  and  constant  feedback  from  people  who  have   been  there,  done  that. • Services  and  Scale  –  Free  and  discounted  services  from  75+   partners. • Access  to  global  startup  network  based  in  Silicon  Valley  and   spanning  5  con0nentsWednesday, October 17, 12
  16. Ques0ons? Apply today at: http://fi.co/joinWednesday, October 17, 12

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