Hot or NotDave Parker - @DaveParkerSEA

#SEFI@Founding

Agenda

• Welcome • What’s Hot or Not • Your Turn • About FI

Thanks!

Introductions

• Bill Bryant - @SeattleBill • Andy Liu - @AceLiu• Michelle Goldberg - @ElleGold

What’s Hot2 Minutes

I want to develop

to help

(solve a problem)

(with secret sauce)

(a defined offering)

(a target audience)

Idealibs for Startups

About FI

Overview

Spring 2013FI.co

Founded in 2009 by Adeo Ressi, the goal of the Founder Institute is to create a thousand companies a year in thirty-five cities worldwide. Our four month mentorship program is designed to help Founders validate their idea, and build their dream companies.

An idea-stage incubator that helps entrepreneurs create meaningful and enduring technology companies.

Great People

Expert Training

Aligned Incentives

As featured in

Spring 2013FI.co

Phil LibinEvernote

Joe BezdekDivX

Jason CalacanisLAUNCH

David WeeklyPB Works

Naval RavikantAngel List

Eric RiesThe Lean Startup

Robin ChaseZipcar

Aaron PatzerMint

Jeff DachisDachis Group

Phil KaplanADHA Labs, Inc.

Rebecca LovellGeekWire

Peter PhamColor

Seth SternbergMeebo

Rashmi SinhaSlideShare

World Changing Graduates

World Changing Graduates

Mentors

• Andy Liu• Bryan Mistele• Dan Schapiro • Charles Mount • Rebecca Lovell• Dave Bluhm • Matt Shobe

• Brian Schultz• Todd Hooper • Charles Kwon• T.A. McCann• Chris Devore• Joel Espelien• Keith Smith

Past & Current

The Curriculum

Spring 2013FI.co

Four months of what Founders need to knowOnce a week the Founders meet for company-building sessions lead by three world-class mentors. Each mentor makes a short, informative presentation on that week’s topic, and then all three work with the Founders on their respective ideas. They offer feedback and advice on every aspect of their business, from the core concept to the revenue model.

In addition to the mentor sessions, Founders meet with their assigned group twice a week to work together and foster the collaborative environment Silicon Valley is known for.

Everything the Founders are asked to do is directly related to launching their dream company.

Startup Basics and Orientation

Visions and Values

Startup Research

Naming and Branding

Startup Legal and IP

Cofounders, Hiring and Firing

Revenue, Costs and Profits

Product Development

Outsourcing, Partners and Suppliers

Marketing and Sales

Presentation and Publicity

Fundraising

Is the Founder qualified to research and select a viable business idea?

MENTOR IDEA REVIEW

Is the Founder ready to develop the product and launch the business?

MENTOR PROGRESS REVIEW

Is the business worthy of the Founder’s full-time commitment?

Graduation

Program Cost Breakdown

• Application Fee - $50• Course Fee - $995 – before start

– Weekly event meals (not after hours drinks) – Office hours and coaching – Mentor sessions

• 3.5% to Pool – 1% to your Grad Group– 1% to local mentors – weighted – 1.5% to FI

• After fundraising of $200k - $4,500 Tuition

Dave Parker@DaveParkerSEA

dkparker.com

www.fi.co/apply/135

Final Deadline March 17th Session Starts March 26th

Boka @ Hotel 1000