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We have seen a strong need for coaching in seed-stage companies preparing for funding, and as a result, we created the Founder Lab program earlier this year.
In the Founder Lab, seed-stage companies can make several months of progress in just one vigorous week in Silicon Valley, receiving intensive mentorship and training from the brightest CEOs and investors. By the end of program, you will go home with a fully refined pitch-deck, a validated growth plan, a solid network, and a tactical execution plan to raise funding. Also, there is no equity involved.
If you’re interested in learning more about Founder Lab, visit FounderLab.com, or apply today at http://founderlab.com/apply.
The Autumn 2015 Founder Lab will take place from Sunday, September 13th to Friday, September 18th, and there are a very limited number of spots available. If you apply by the Early Application Deadline on Sunday, July 26th, you will have access to the Early Bird Course Fee (20% discount), and you may be eligible for a Course Fee Scholarship.
Now in it's third edition, previous Founder Lab programs have been attended by very fast growing companies, like AMPL Labs, SunToWater, Peerby, Loggr, ConnectX, Cashtivity, Keepe, Theo, Beeketing, MyeTutor.org, Trato, Tourism4me, and many more.
In addition, participants in past programs have had the opportunity to work with and visit some of the top organizations in Silicon Valley, like Google, Twitter, and IDEO - and venture capitalists like Khosla Ventures, Sequoia Capital, Javelin Venture Partners, K9 Ventures, and more.
Learn more at http://founderlab.com.
They have now become a fully fledged Seed Fund - they only do deals where the company and team have traction, and probably even a little funding.
Good for them if they get to choose, why not take the de-risked ones?
But don't trick yourself into believing this is the YC of 5 years ago. An idea and a smart team will no longer do - go get some traction, and even better a little outside funding.
A team that just entered the most recent batch was rejected first time round. They subsequently raised a significant seed, did a spectacular launch, and have now been accepted... Read what you like into that.
Private: 48 Chars
Corporate people don't "get it" .. He probably has good sales skills and can help a VC raise a fund .. and that's it.
Corporates and start-ups do not mix.
I've worked with both Andy Goldfarb and Dave Fachetti over the years. As an investor they we're terrific. Their diligence was thorough and appropriate and as they got deeper their input helped us with our strategy. They are both very smart and hardworking and Andy as our board member was always available during the course of the company up until our exit.
I've worked with many venture firms and can say Globespan is tops!
The Founder Showcase, TheFunded.com's annual startup event, is coming up on Tuesday, May 12th in Silicon Valley.
At this event, over 400 startup founders and investors will join us to hear from three of technology's leading change agents who are on a crusade to change not only industries, but also the world.
Our speakers include:
In addition, panelists for the event include some of world's top venture capitalists and journalists, including;
This event will sell out, so get your tickets today.
TheFunded.com readers get 20% off tickets here.
We have investigated Zino Society since going out for funding at the end of last year. Several of the few fellow Puget Sound Washington Angel groups suggested we do so. Our experiences turned unfavorable. The facts follow:
* Companies that have 'won' awards with Zino have not received funding from individual investors, the Zino Fund nor even a pipeline of potential investment or advisor contacts; (Personally validated with 3 hence our company will not be presenting.)
- However Zino claims they are the third largest group by awards to companies in the area;
* Screening standards and 'coaching' are selective and disproportionate; one company may present to a board and others may only receive some slight feedback;
* Not many if any women-owned or run companies present nor are they treated equally;
* Other Angel group participants, coaches and members have openly advised to stay away from 'Cathi's wine club' as they have a history of collecting monies without further investment opportunities presented;
* Panel/Board member judges are also pay-to-play for their 'expertise' particularly attorneys and 'sales-system' speakers;
* The group is unorganized; last minute phone calls to schedule 'coaching' and practice to pitch just a few days before monthly events. Moving/migrating dates and topics to total re-works are common for the entire event within just a few days. Long-planned activities are shelved; not conducive for companies who are engaged in serious development and fundraising;
* The 'COO' Kenny Byrne is a well-known self-promoter 'BigManOnCampus' who has been witnessed drinking to excess boisterously interrupting, holding court and causing general problems;
- LOOKOUT for this character as he makes the rounds scouting for companies/victims in the Start-up communities along with Lee Reeves who is a nice guy but has neither operated a lemonade stand;
* Disparate 'qualifications' to present along with arbitrary 'turn downs' when serious questions are asked to the organization particularly to Kenny in general who can 'turn' particularly on booze.
Generally, if you want to pay to attend a party and 'watch the show' maybe acquiring a few decent contacts, sure. Otherwise, wise start-ups will move on. Be concerned in general about any group that charges more than a small fee to pitch.
Fortunately, we completed our due diligence and decided unanimously not to move forward.
Do your homework wherever you choose to present!