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Founder Institute Introduction
The document outlines a global incubator program based in Silicon Valley aimed at helping entrepreneurs launch their businesses through a structured training approach with mentorship and peer support. It consists of 14 sessions requiring 25 hours per week and offers feedback on ideas, pitch refinement, and interaction with local CEOs. The program has seen successful funding for multiple startups and charges an application fee along with a course fee, emphasizing the importance of a well-rounded business plan and support system.
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Founder Institute Introduction
- 1. http://FI.co/join We are aglobal incubator headquartered in Silicon Valley that helps aspiring entrepreneurs launch meaningful and enduring companies through a step by step training program where all participants share in the upside.
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- 6. 1 Night per Week 1Night per Week 14 Sessions in Total 14 Sessions in Total 25 Hours per Week 25 Hours per Week
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- 8. Refine Your Pitch Refine Your Pitch GetFeedback on Your Idea Get Feedback on Your Idea Interact with Top Local CEOs Interact with Top Local CEOs
- 9. Follow a Curriculum Follow a Curriculum Complete Assignments Complete Assignments CheckYour Progress Check Your Progress
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- 12. Mentorship + StructuredApproach + Peer Support =Mentorship + Structured Approach + Peer Support = 86% Operating 86% Operating 70% Ahead of Plan 70% Ahead of Plan 45% Funded 45% Funded
- 14. Udemy Americas Online platform tocreate and take courses Raised $48 MM Udemy Americas Online platform to create and take courses Raised $48 MM Peerby Europe Web and mobile app to share products locally Raised $2.5 MM Peerby Europe Web and mobile app to share products locally Raised $2.5 MM iCarsclub Asia Web and mobile app to rent your car in Asia Raised $70 MM iCarsclub Asia Web and mobile app to rent your car in Asia Raised $70 MM
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- 17. $50 Application Fee $50 Application Fee $1200+ ($4500) Course Fee $1200 + ($4500) Course Fee 3.5% Options 3.5% Options
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- 20. 1 2 3IdeaBusiness Launch 1. Orientation 2. Vision 3. Research 4. Revenue 5. Naming 6. Mentor Idea Review 7. Startup Legal 8. Team 9. Product 10. Mentor Progress Review 11. Sales 12. Branding 13. Fundraising 14. Graduation
- 21. 1 2 34 5Great Idea Corporation Plan Progress Pitch Vetted by Mentors Reviewed by experts Tested in the market Formed by top law firm Set-up correctly Support expansion Viable revenue model Realistic go to market Strategy for development Initial product development Initial team members Advisory Board Pitch your business Strong materials Confidence
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- 32. http://FI.co/join 1. Do Ihave to share details about my idea? 2. What happens if my idea is not good? 3. Do I have to join the Bonus Pool? 4. Is 3.5% a lot of equity to give away? 5. Do I need to quit my day job? 6. How does FI help me if I have an existing company?
Editor's Notes
- #18 4500 USD