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General presentation of the Founder Institute. Through a 4 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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What is the Founder Institute?
• The World's Largest Startup Accelerator, with over 1.100
graduate companies across 55 cities, 33 countries, and 5
continents. • Through a 4 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. • FI goal is to globalize Silicon Valley and launch over 1.000
meaningful and enduring technology companies per year.
Where do we fit in?
The Problem
• Starting and running a
new company is hard• There is no playbook• Success is rare• We want to help
entrepreneurs avoid
deadly mistakes
Our Philosophy
• Ideas are largely irrelevant• Great companies start with
great people
• Great People
+ Expert Training
+ Aligned Incentives =
Exponentially Better
Chance of Success
How Do We Find Great People?
Social Science-Based Admissions• Proprietary aptitude/ personality test to
apply
• Developed by leading social scientists in
conjunction with FI
• Removes idea evaluation and other
subjective bias from admissions process
• Featured on CNN Money.com – “
Predicting Entrepreneurial Success” (Aaron
Patzer)
Expert Training
Phase 1: Idea Refinement Phase 2: Business Setup Phase 3: Launch Planning
1. Startup Basics2. Vision/ Values3. Startup Research4. Naming/ Branding5. Mentor Idea Review
6. Startup Legal/ IP7. Cofounders/ Hiring/ Firing8. Revenues/ Costs/ Profits9. Product Development10. Mentor Progress Review
11. Outsourcing/ Suppliers12. Marketing/ Sales13. Presentation/ Publicity14. Fundraising15. Graduation
• 4 Month Curriculum
• 3+ Mentors / Session
• Emphasis on Group Work and
Constant Feedback/ Evaluation
• Not Required to Quit Your Job
• ~ 20 hrs / week commitment
… Taught by Seasoned Founders
- Nolan Bushnell (Atari)- Peter Guber (Mandalay Entertainment)- Bram Cohen (BitTorrent)- Jonathan Abrams (Friendster)- Naval Ravikant (VentureHacks)- Will Bunker (Match.com)- Jake Nickell (Threadless)- Gregg Spiridellis (JibJab)- Luke Beatty (Associated Content)- Dan Shapiro (Ontela/Photobucket)- Glenn Kelman (Redfin)
- Elon Musk (PayPal, Tesla)- Marc Pincus (Zynga)- Jeff Dachis (Razorfish)- Jason Calacanis (Mahalo)- Scott Heiferman (Meetup.com)- Aaron Patzer (Mint.com)- Michael Arrington (TechCrunch)- Jon Nordmark (eBags)- Phil Libin (Evernote)- Jordan Greenhall (DivX)- Phillip Kaplan (Adbrite, Blippy)
3.000+ Global Mentors
… With Incentives Aligned
Shared Equity Bonus Pool• Founders contribute 3.5% in warrants to a
Bonus Pool shared between all participants– 40% goes to the Founder Institute– 30% to Mentors (their individual shares
based on anonymous ratings from students)– 30% back to the Founders themselves (you
own a piece of your fellow graduating companies)
• Amazing things happen when smart people
work together towards a common goal
Creating teamwork-based, local startup ecosystems = Globalizing Silicon Valley
The Result: 1.100+ Companies already
• 1.100+ Founders
graduated• 41% receive funding
within 6 months• Only 11% of companies
fail in the first 18
months
Some Testimonials
Questions?
We want you to help us launching FI all over the world!