Founder Institute Introduction
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Transcript of Founder Institute Introduction
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http://FI.co/join
We are a global incubator headquartered in Silicon Valley that helps aspiring entrepreneurs launch meaningful and enduring companiesthrough a step by step training program where all participants share in the upside.
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http://FI.co/join
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1 Night per Week
14 Sessionsin Total
25 Hoursper Week
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http://FI.co/join
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RefineYour Pitch
Get Feedbackon Your Idea
Interact withTop Local CEOs
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Follow a Curriculum
Complete Assignments
Check Your Progress
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Meetin Groups
Practice Leadership
RotateGroups
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http://FI.co/join
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Mentorship + Structured Approach + Peer Support =Mentorship + Structured Approach + Peer Support =
86%Operating
70%Ahead of Plan
45%Funded
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UdemyAmericas
Online platform to create and take courses
Raised $48 MM
PeerbyEurope
Web and mobile app to share products locally
Raised $2.5 MM
iCarsclubAsia
Web and mobile app to rent your car in Asia
Raised $70 MM
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http://FI.co/join
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$50Application Fee
$1200 + ($4500)Course
Fee
3.5%Options
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http://FI.co/join
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1 2 3Idea Business 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
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1 2 3 4 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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http://FI.co/join
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http://FI.co/join
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http://FI.co/join
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http://FI.co/join
1. Do I have 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?
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