Posted by The Founding Member on 2010-01-16
MightyMeeting, a cross platform presentation company, won top pitch at the Founder Showcase in Silicon Valley last night by open ballot. Dmitri Tcherevik, CEO of Mighty Meeting, brought the 200 person audience to surprise applause in the middle of the three minute pitch. Dmitri showed the ability of MightMeeting to quickly upload, share and control both a projected and online presentation with a few gestures from an iPhone. See below:
MightyMeeting is a cloud-based service that can be used to manage a private library of presentations in multiple formats. This library can be accessed from a range of mobile devices, such as the iPhone, iPod Touch or Android phones. The presentations are shared through email, blogs, Twitter or Facebook. Users can start, join or control web conferences directly from their own mobile device. The solution is optimized to work over 3G wireless networks and does not require Flash in the browser.
As the Founding Member of TheFunded, I have been using and showing the Mighty Meeting software all day. It converts graphically rich PowerPoint presentations perfectly, which is my gripe with other services. There's no uploading required either, just email presentations to your own address at the domain. It's surprisingly good, and I strongly recommend that you try it. Here's another favorable review from TechCrunch:
The Founder Showcase is a quarterly event that helps to democratize access to Silicon Valley for seed stage companies. Thank you to everyone who attended the event and to the sponsors who helped support the evening: Sun Startup Essentials and Cooley Godward Kronish.PRIVATE: Members Only
Posted by Jonathan Greechan on 2011-06-24
At our 7th Founder Showcase on Wednesday in San Francisco, Mark Suster, Partner of GRP Partners and Writer of Both Sides of the Table, gave a great Keynote Speech titled "Getting Funded in a Frothy Market."
In the talk he goes on record saying that, "Duh, we're in a bubble," and that entrepreneurs need to get funding now so they can survive the cycle. In normal funding cycles, it can take 3-5 months to raise capital - but in this cycle "it seems like that's the number of days it takes." And, "When the hor dourve tray is passed, take two, and put a third in your pocket... You don't know when it will be back around." He goes on to describe the best methods to raise capital in this "frothy" market, because, "When the party ends, everybody goes home. But that's the most awarding time to be an entrepreneur - provided that you have money."
Some other notable quotes;
- "Nobody at the party likes the sober guy telling everybody how stupid they're being... I don't want to tell you that the party is going to end, but it is."
- "We're in a bubble, and you can quote me on that."
- "The best thing that's happened in our industry is the emergence of micro-VC's, or seed-stage funds. This the best source for most early stage companies."
- "There is no such thing as a "Super Angel." That is marketing BS. You're an angel is if you're investing your own money. You're a VC if you're investing other people's money. VC's have a fiduciary responsibility to maximize value for their investors. As an angel you have a right to have passion projects."
- "It is a myth that you are going to raise $500k and build a billion dollar company. I'm not saying it can't happen, but you can also win the lottery."
- "In the era of social networks, if you can't figure out how to get access to a VC, hang up your cleats now. You don't pass the IQ test."
- "VC's want the 4 Ms: Management, Market, Money (we want to own enough of your company to make a difference), and Momentum."
- "The decreasing number of VC's is a ticking time bomb... or a better analogy: a brick wall."
- "Go get yourself funded... In the last 3 cycles the companies that didn't raise money were not the ones still around to tell the story."
You can watch the full video at the links below:
The Founder Showcase is hosted by the Founder Institute, which is accepting applications to the Silicon Valley program until next Wednesday, June 22nd. Click here to apply.PRIVATE: Members Only
Posted by The Founding Member on 2009-09-29
TheFunded has produced founder-friendly versions of every legal document necessary to launch a new startup. These documents were carefully written from scratch to keep founders in control of the companies that they create.
-- Certificate of Incorporation
-- Initial Stockholder Consent
-- Invention Assignment Agreement
-- Restricted Stock Purchase Agreement
-- Indemnification Agreement
-- Initial Board Consent
-- Action by Incorporator
-- Plain Preferred Term Sheet
Please help by sharing these documents with anyone that you know who is launching a startup, and borrow some of the founder protections for your own company from the Certificate of Incorporation.
Enjoy!PRIVATE: Members Only
Posted by The Founding Member on 2009-03-20
In response to overwhelming Member demand, TheFunded.com has introduced a list of banned investors and added functionality for Members to ban funds. Any banned investor will have their organization and team members removed from all leaderboards on TheFunded.com, though information on the investor will still be available by search with a warning message posted to any readers. Offending investors have already been deleted from this week's top rated VC list.
Investors are added to this 'blacklist' for one of three reasons (1) suspicious review activity, (2) not making new investments, or (3) threatening Members or TheFunded.com with litigation. Funds with suspicious reviews, normally resulting from CEOs being pressured to write positive remarks, will be automatically cleared from the blacklist after 90 to 120 days. Funds marked as not making new investments can be cleared from the list by sending proof of a completed investment in a new portfolio company within the last four weeks. Lastly, any fund threatening legal action will be cleared from the list within 90 to 120 days of the last threat or the lawsuit being dropped.
In these difficult economic times, the stakes are higher for everyone. It is critical to have accurate information available to all parties, from limited partners to entrepreneurs. TheFunded.com asks all 10,786 Members to eliminate investors that do not warrant a place on the leaderboards. Share the information that you have today, and let us really know who is good, who has money, and who has the right intentions. Enjoy!
Members, read the Private section for some simple banning instructions.PRIVATE: Members Only (852 Characters)
Posted by The Founding Member on 2008-04-07
A few people have contacted TheFunded.com about a new site, TheUnFunded.com. TheFunded.com has no affiliation with the property nor any knowledge of its operations. TheFunded.com does not condone any tool that makes it harder for qualified entrepreneurs to raise growth capital. Venture capitalists rate entrepreneurs each and every day in pitch meetings around the world, and, through this process, the majority of entrepreneurs still find it difficult or impossible to secure necessary growth capital. A number of well-known venture capitalists have proposed the idea of rating entrepreneurs, and they have clearly taken the initiative into their own hands while infringing on TheFunded.com branding and trademarks. This post will be updated as we learn more about the site origin...
Update at 5:00 PM PST: A VC just wrote in to us that his fund was able to apply, get approved, and make a post on TheUnFunded. Supposedly, the system works differently in that a moderator must approve each post before it goes live. VentureBeat is reporting that TheUnFunded is a joke, but it would then be an expensive joke to have a fully functioning ASP back-end (our system is written in Ruby on Rails, BTW). More to come...
Update on April 7: It turns out that TheUnFunded.com is an elaborate April Fool's joke. See the link below:
The good news is that the VC behind the humor of TheUnFunded.com, Josh Kopelman of First Round Capital, has nicely agreed to give the domain name and the technology to TheFunded.com. Ideas are welcome for what to do with the domain. It might make sense, for example, to launch a beginner's guide to getting funding at the domain...PRIVATE: Members Only
Posted by The Founding Member on 2008-02-03
A number of Members and media organizations have written in about a recent mass mailing by Dow Jones:
TITLE: "Join the funded to see what's really going into term sheets right now"
BODY: "For just $295, you can ensure you end every round of venture financing with the best (and safest) term sheet possible with the new fifth edition of the Venture Capital Deal Terms Report from Dow Jones."
To be clear, this is not a product affiliated with TheFunded.com. It appears to be a marketing initiative by Dow Jones to capitalize on media attention that the new Terms section has received. TheFunded.com does not charge qualified CEOs or Founders any money to join the site. A summary of terms is available for free to all Members, and Members can view detailed term sheets for free if you post terms that you have received since 2006. Apologies if there was any confusion, and enjoy!PRIVATE: Members Only
Posted by The Founding Member on 2007-11-10
TheFunded.com has culled through the numerical data to produce a quick leaderboard for the upcoming Superstars of Venture Capital selection on November 15th. This does not include analysis of written feedback. Drumroll, please:
-- Score: 29 - Fred Wilson - Union Square Ventures, Partner
-- Score: 24 - Michael Kim - Rustic Canyon Ventures, Partner
-- Score: 20 - Jim Armstrong - Clearstone Venture Partners, Managing Director
-- Score: 15 - Jed Katz - Draper Fisher Jurvetson Gotham Ventures, Managing Director
-- Score: 15 - Mike Brown - Foundation Capital, Principal
-- Score: 15 - David Aronoff - IDG Ventures Boston, General Partner
-- Score: 15 - Mark S. Menell - Rustic Canyon Ventures, Partner
-- Score: 14 - Rob Theis - DCM-Doll Capital Management, General Partner
-- Score: 14 - Peter Bell - Highland Capital Partners, Venture Partner
-- Score: 14 - Jonathan A. Flint - Polaris Venture Partners, L.P., Managing General Partner
-- Score: 14 - Nate Redmond - Rustic Canyon Ventures - Partner
-- Score: 13 - Peter Flint - Polaris Venture Partners, L.P., General Partner
-- Score: 10 - Kevin Lalande - Austin Ventures - Principal
-- Score: 10 - Tracy S. Warren - Battelle Ventures, L.P., General Partner
-- Score: 10 - George Zachary - Charles River Ventures, Partner
-- Score: 10 - Brook H. Byers - Kleiner, Perkins, Caufield & Byers, Partner
-- Score: 10 - Gordie Nye - Prism Venture Partners, General Partner
-- Score: 10 - William D. Porteous - RRE Ventures, General Partner
-- Score: 10 - David Carlick - VantagePoint Venture Partners, Managing Director
-- Score: 9 - Ajay Agarwal - Bain Capital Ventures, Managing Director
-- Score: 9 - Benjamin Nye - Bain Capital Ventures, Managing Director
-- Score: 9 - Bill Tai - Charles River Ventures, Partner
-- Score: 9 - Bill Elkus - Clearstone Venture Partners, Founder and Managing Director
-- Score: 9 - Howard Hartenbaum - Draper Richards, LP, Geneal Partner
-- Score: 9 - Alain Hanover - Navigator Technology Ventures, LLC, CEO/Managing Director
-- Score: 9 - Todd Dagres - Spark Capital, General Partner
-- Score: 9 - Enrique Godreau III - Voyager Capital, Managing Director
Members, read on...PRIVATE: Members Only (410 Characters)
Posted by jonnystartup 1 day ago
The Founder Institute, which was spawned from TheFunded.com, has helped launch over 600 female-led businesses across six continents since 2009. These companies have collectively raised over $65M in funding.
On Tuesday December 13th, we will host an online "Female Founder Demo Day" event, where five up-and-coming female-led FI startups from across the globe will present their businesses to top investors for feedback.
If you would like to see presentations from the companies you will be reading about tomorrow, sign up for the Demo Day at https://app.webinarjam.net/register/2...
Hope you can join us.PRIVATE: Members Only
Posted by donAdeo on 2016-03-25
For many years, people believed that entrepreneurship and creative success were innate and were thus impossible to measure. As statistical analysis has progressed, the inaccuracy of this old world-view becomes much more clear.
At the Founder Institute, an idea-stage accelerator that spawned out of TheFunded.com, we have enlisted some of the world's top social scientists to create a system of quantitative analysis for entrepreneurial potential. Since 2009, over 30,000 aspiring entrepreneurs have taken our "Entrepreneur DNA test", and we have been able to correlate this data with the real world performance of over 2000 companies to determine the unique skillset required to be a successful entrepreneur.
Recently we published a presentation outlining some of our findings, which you can see below.
I would love to get your feedback on this. What skillset do you think is required to be a strong entrepreneur?PRIVATE: Members Only
Posted by donAdeo on 2015-11-20
Billion dollar companies are being created at a faster pace than ever before, so there are plenty of opinions in the "bubble or bust" debate. I won’t bore you with more. However, if you look at it objectively, there is a method to the “madness” of these so-called “Unicorn” companies.
I just published a detailed analysis on Forbes in an article titled How to Build a Billion Dollar Company: The Method Behind Today's Unicorn Madness.
I would love your feedback on this post, but to provide a quick summary:
The most recent Unicorns are being developed in as little as 36 months, with the combination of strong Founders, forward-thinking investors, and aggressive teams using a cycle of three main tactics:
1. The "Push" (a ridiculously ambitious growth plan outlined by companies with their investors)
2. The "Markup" (an enormous funding round that values the startup at a valuation that assumes flawless execution of the growth plan outlined in the “Push”)
3. The "Backfill" (the small period of time where the company needs to executive the plan and live up the value they pledged to create)
The Unicorns you are seeing today are the companies that have been able to successfully execute this cycle of Push -> Markup -> Backfill until hitting the billion dollar valuation in their latest “Markup”.
As for the teams that try but fail to execute this cycle? These companies typically return the remaining capital to their investors (ex. Secret, Homejoy), get acqui-hired (ex. Slide), or pursue drip funding.
Take a few moments to read the article here, and if you have thoughts, please leave comments on the post. I would love to hear them.
Also, quick sidenote: the Founder Institute (a company launch program born out of TheFunded.com) is currently enrolling in over 30 cities worldwide, and I will personally be leading the upcoming Silicon Valley Chapter. If you or somebody you know could use help launching a tech company, check it out.PRIVATE: Members Only
Posted by TheFunded on 2015-09-14
TechCrunch is excited to announce the judges of the next round of Startup Battlefield, being held at TC Disrupt San Francisco. These are kind folks tasked with picking the finalists and winner of the startup competition held at Disrupt SF. It’s a big task, but these judges are up to the challenge.
This year the competition will feature 24 young companies vying for attention and funding. At stake is the Disrupt Cup and $50,000.
The judges come from all walks of life. Some are venture capitalists and some are engineers. Some are product managers and some are technologists. But they all know what they’re talking about and are experts in their fields.
Disrupt SF, which takes place on September 21-23, is a three-day startup conference and competition that explores the debate about what's changing in technology right now, what's causing it, and what we need to do about it to survive and succeed.
The event will feature fireside chats with thought leaders and panels on hot tech topics, a stroll through Startup and Hardware Alley, and the iconic Startup Battlefield competition. Leave knowing you’re one step ahead of the future.
Posted by TheFunded on 2015-08-17
Are you a successful entrepreneur that wants to help build your local startup community?
During our upcoming webinar, “How to Become a Leader in Your Startup Community,” we will outline the different resources needed to bolster your local ecosystem, and provide tips on how you can help startups and become a better startup mentor and advisor.
This event will feature David Cohen (Founder and Managing Partner of Techstars), Sergio Escobar (Managing Director of The Founder Institute Montreal), and Adeo Ressi (Founder & CEO of the Founder Institute & TheFunded.com, 9X entrepreneur, and Managing Director of Expansive Ventures).
- The importance of mentorship in the startup landscape.
- How you can best help startups in your community.
- The types of programs and tools making a difference in communities across the globe.
- The steps you should take to become a leader your startup community.
Posted by donAdeo on 2015-07-21
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.
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.PRIVATE: Members Only
Posted by donAdeo on 2015-05-06
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.
Posted by donAdeo on 2015-04-15
This Sunday, April 19th is the Final Application Deadline for the Spring 2015 Founder Lab.
The Founder Lab helps top seed-stage startups prepare for funding through an intensive, 10 day program in Silicon Valley. Participating founders will work non-stop with world-renowned entrepreneurs and investors, and leave the program with a fully refined pitch-deck, a plan to grow their KPIs and product, access to a global network of founders and investors, and a tactical strategy to raise funding.
As a bonus, the program culminates at the 16th Founder Showcase, where they can demo their product to more than 400 investors and network with industry professionals.
If you are interested, apply and learn more at http://founderlab.com.PRIVATE: Members Only
Posted by donAdeo on 2015-03-17
The Founder Institute is the world's largest entrepreneur training and startup startup launch program, with a portfolio of over 1400 Graduate companies from across 85+ cities and six continents.
This week, the Founder Institute will host its first ever Global Virtual Demo Day to showcase some of the program's top Graduates to an international audience of investors and entrepreneurs, live and online.
This Global Virtual Demo Day will take place on Thursday, March 19th at 6:00pm PT (see local time here), and it is open for anyone to attend.
See Global Startups Solving Global Problems
During the live Global Virtual Demo Day, you can see pitches from top Founder Institute Graduates from four different countries, and three different continents. All presenting companies have already raised a small amount of funding or generated traction, and each is tackling a large, global issue with a huge market; such as satellite delivery, personal health, online security, online journalism, the sharing economy, corporate healthcare, and more. Presenting companies include;
1. Nexercise (http://nexercise.com) is a mobile platform for delivering addictive corporate wellness challenges. $1M+ est. revenue in 2015. $1.3M seed funding, TechStars alum, and DC Founder Institute Graduate.
2. Peerby (http://peerby.com) is neighborhood sharing-economy app, with traction in Europe and an insurance-based revenue model. $2.5M funding, TechStars alum, and Amsterdam Founder Institute Graduate.
3. Tapgenes (http://tapgenes.com) is a family-health service for tracking and understanding your family genealogy health tree. Co-founded by 23andme alum, Blueprint Health alum and Singapore Founder Institute Graduate.
4. ConnectX (http://connectx.com) is launching satellites with storage capacity with the highest level of security. It is the ultimate in high value data storage. Los Angeles Founder Institute Graduate.
5. Logrr (http://logrr.com) is an Identity as a Service platform for enterprises that connects employees to their cloud business applications without using passwords. Montreal Founder Institute Graduate.
Posted by donAdeo on 2015-03-02
Hosted by TheFunded.com and the Founder Institute, the Founder Showcase is Silicon Valley’s leading international seed-stage startup event, gathering global technology founders and investors to hear from top experts, and help launch new companies to greatness.
The 16th edition of the Founder Showcase is scheduled for Tuesday, May 12th at the Microsoft Campus in Mountain View.
As the Founder Institute's network has grown, we are now expecting this to be the most international startup event in Silicon Valley, with top founders, investors, and press from six continents in attendance.
This event will sell out, and tickets are fully-transferable - so what are you waiting for?
If you've never been to a Founder Showcase, here is how it works;
For starters, we get the top figures in Silicon Valley to discuss pressing topics in startups and venture capital. In our 15-event history, we've been truly honored by some of the names who have graced our stage - including Elon Musk, David Sacks, Phil Libin, Keith Rabois, Chris Dixon, Mark Suster, Kevin Rose, and Naval Ravikant, just to name a few. You can check out some awesome videos from past events here.
Second, we have a pitch competition completely geared towards seed-stage companies. How is this different from other pitch competitions? Well, most other events feature companies raising their Series-A, but we go one step earlier, as our presenters are all less than 2 years old and have raised less than $250,000 in funding. In other words, we give you the chance to see some of the most interesting companies of tomorrow before anyone else. Our alumni have gone on to raise over $150 million in funding, and include companies like Udemy, Relay Rides, Thumbtack, Realty Mogul, Kaggle, and many more.
Finally, we have awesome networking with over 400 startup founders, investors and press from all over the world, and an energy brought by our emcee Adeo Ressi that no other event can match.
This all gets mixed into one action packed afternoon and evening, so you can go get back to work building great companies.
We hope you will join us on May 12th!
Posted by donAdeo on 2015-02-23
If you ask a local startup leader what is holding back their community from growing, chances are the answer you will get is “a lack of capital”.
But in our experience working in nearly 100 markets across the globe, "lack of capital" is nowhere near being the biggest hindrance to startup community growth.
In fact, in nascent and developing markets, we have seen an influx of government and strategic capital actually hurt the local ecosystem more often than it helps it.
Consider the following sequence of events, which we have seen play out time and time again across several continents;
1. New capital to grow a local startup ecosystem is announced, either by the government or foreign investors. This money needs to be allocated fairly quickly, so investment will go to a select few organizations.
2. Organizations in the local ecosystem immediately begin jockeying for the investment. As a result, these organizations start (1) creating exclusive relationships with others in the ecosystem (these become known colloquially as “tribes”), or (2) vertically integrate (ex. co-working spaces that used to partner with accelerators now create their own accelerators, and those same accelerators start looking for real estate).
3. Almost overnight, a once collaborative ecosystem becomes overly competitive and fragmented.
The biggest losers in this scenario? Local entrepreneurs.
Rather than having access to many different options at each stage of their startup journey, they now become funneled into “walled gardens” of services (or “tribes” of partners). This fragmentation limits optionality, and creates a less inviting environment for new entrepreneurs to start up.
Unfortunately, it doesn’t take an influx of capital to create this scenario. As entrepreneurship becomes more “in vogue” and competitive across the globe, we see growing ecosystems become more and more fragmented every day.
The biggest threat to a growing startup ecosystem is not a lack of capital - it is fragmentation and a lack of transparency, because it takes a city to raise a startup.
A Solution: The Startup Ecosystem Canvas
In the must-read book Startup Communities, Brad Feld (Co-Founder of TechStars and Foundry Group) describes the dangers of fragmentation as well. According to Feld, "fragmentation kills local entrepreneurship", and a “philosophy of inclusiveness” is a key pillar of a vibrant startup ecosystem.
Fragmentation can’t be fixed overnight, but if you can map out your local ecosystem, then you can immediately make it more transparent and inviting for newcomers. In other words, if you can lower the barrier to entry for new entrepreneurs to join your startup ecosystem, you can ultimately help it grow.
Hence, we developed the Startup Ecosystem Canvas to help startup leaders map their local ecosystem in a framework that makes it more transparent and inviting for new entrepreneurs.
The Canvas is free to use, and is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Learn more about the Startup Ecosystem Canvas project at the Founder Institute blog.PRIVATE: Members Only
Posted by jonnystartup on 2014-05-07
The 15th Founder Showcase is just a few days away, taking place on Thursday, May 15th in Mountain View. This is TheFunded.com's startup pitch and networking event, where we gather great speakers and investors to help early-stage entrepreneurs.
At this event, anyone who purchases a ticket has an opportunity to pitch on stage in front of hundreds of investors, founders, and press.
That’s right. In addition to the six companies who will be competing on stage in the Pitch Competition, all attendees get to participate in the CrowdPitch Competition. All you have to do is purchase a ticket and submit your one-sentence company pitch for a chance to present on stage. No other event offers so much!
Get your tickets before they sell out at http://foundershowcase.com/tickets. Use the code 'friends_of_thefunded' to get a 20% discount.
Confirmed to speak at the event are Mitch Kapor (Founder of Lotus Development, Kapor Capital & Kapor Center for Social Impact, and PC Industry Pioneer), Mike Maples Jr. (Managing Partner at FLOODGATE, and the #14 Top Tech Investor in the world by Forbes), and Thomas Korte (Founder of AngelPad, one of the world's leading startup accelerators).
In addition, investor panelists include Manu Kumar (K9 Ventures), James Cham (Bloomberg Beta), Alex Gurevich (Javelin Venture Partners), Boris Wertz (Version One Ventures), Aydin Senkut (Felicis Ventures), Frank Chen (Andreessen Horowitz), Jeff Richards (GGV Capital), and more.
Guests will mingle over appetizers and drinks in a networking hall, and all attendees get free access to the exclusive Founder Showcase Casino Afterparty at NASA Ames!
We hope you will join us!PRIVATE: Members Only
Posted by jonnystartup on 2014-05-07
The Founder Showcase is TheFunded.com's pitch and networking event for seed-stage startups and investors.
On May 15th, we will host the 15th Founder Showcase in Silicon Valley, and welcome an impressive lineup of speakers to our stage;
Mitch Kapor, Founder of Lotus Development & PC Pioneer
Mitch Kapor has been a pioneer in personal computing for more than 30 years. He is widely known as the Founder of Lotus Development. In addition, Mitch was the Founding Investor in UUNET, Co-Founder of the Electronic Frontier Foundation, and a Founding Chair of the Mozilla Foundation, and a Founding Investor and Chair in Linden Research. At the Founder Showcase, Mitch will talk about building technology companies that generate both economic value AND positive social impact.
Mike Maples, Jr., Managing Partner at FLOODGATE
Mike Maples, Jr. is the managing partner of FLOODGATE, and was recently named the #14 Top Tech Investor in the world by Forbes. His early investments include Twitter, Chegg, ng:moco, IMVU, Gowalla, Kno, YuMe Networks, TaskRabbit, Kongregate, BranchOut, and many more. Before his investment career, Mike co-founded Motive, Inc., the world’s leading broadband software company in 1997, and oversaw its growth through the “dot-bomb” to a successful IPOs in 2004.
Thomas Korte, Founder of AngelPad
Thomas Korte is the founder of AngelPad, a startup accelerator based in San Francisco and New York. AngelPad was named by MIT’s 2014 Accelerator Research as the #3 U.S. Accelerator, and Forbes Magazine called AngelPad a “TOP 5 Global Accelerator” in 2012. AngelPads exits include Mopub ($350m to Twitter), Adku (Groupon), and Astrid (Yahoo), among others. Prior, Thomas worked at Google for 7 years staring in 2002..
We hope you will join us.
Posted by jonnystartup on 2014-04-24
The Founder Showcase is a 100% free pitch competition hosted by TheFunded.com. While most other similar events feature companies raising their Series-A, we go one step earlier, as our presenters are all less than two years old and have raised less than $250,000 in funding. As a result, we pride ourselves in showcasing early-stage companies before anybody else (pun intended).
Now in its 15th edition, we are proud to announce that previous Founder Showcase Contestants have now raised over $130 million. Past contestants include companies like Udemy, Relay Rides, Thumbtack, Kaggle, and many more. See our Founder Showcase Hall of Fame here.
Are you the founder of an early-stage startup looking to get exposure and funding? Applications to the 15th Founder Showcase are due on Sunday, April 13th. Apply today for free
The 15th Founder Showcase will take place on Thursday, May 15th in Silicon Valley, and gather over 400 startup investors, founders, and press. In addition to the always entertaining pitch competition, the event will feature talks from leading startup entrepreneurs and investors, as well as a series of educational workshops for early-stage founders (TBA). Early-Bird tickets available until April 25th: Click here to purchase yours today.
Posted by jonnystartup on 2014-02-12
Hosted by TheFunded.com, the Founder Showcase is Silicon Valley's leading seed-stage startup event, gathering top technology founders and investors to hear and learn from leading experts, and help launch promising new companies to greatness.
The 15th edition of the Founder Showcase is scheduled for Thursday, May 15th at the Microsoft Campus in Mountain View.
If you've never been to a Founder Showcase, here is how it works;
First, we get the top figures in Silicon Valley to discuss pressing topics in startups and venture capital. In our 14-event history, we've been truly honored by some of the names who have graced our stage - including Elon Musk, David Sacks, Phil Libin, Keith Rabois, Chris Dixon, Mark Suster, Kevin Rose, and Naval Ravikant, just to name a few. You can check out some videos from past events here.
Second, we have a 100% free pitch competition completely geared towards seed-stage companies. How is this different from other pitch competitions? Well, most other events feature companies raising their Series-A, but we go one step earlier, as our presenters are all less than 2 years old and have raised less than $250,000 in funding. In other words, we give you the chance to see some of the most interesting companies of tomorrow before anyone else. Our alumni have gone on to raise over $75 million in funding, and include companies like Udemy, Relay Rides, Thumbtack, Kaggle, and many more.
Finally, we have networking with over 400 startup founders, investors and press from all over the world, and an energy brought by our emcee Adeo Ressi (Funding Member of TheFunded.com) that no other event can match.
This all gets mixed into one action packed afternoon and evening, so you can go get back to work building great companies.
We hope you will join us on May 15th!
Posted by jonnystartup on 2013-11-13
The Founder Institute, which spun out of TheFunded.com, was built with an underlying core belief;
Silicon Valley is not a place. It’s a mindset.
In order to help local community leaders wire the Silicon Valley mindset into their communities and plant sustainable seeds for innovation, we recently released an infographic that outlined four steps;
1. Accept Failure
Entrepreneurs in Silicon Valley fail more than entrepreneurs anywhere else in the world, but it is their “ability to fail” that helps them ultimately take risks and succeed. When a culture can accept and mitigate the risks of failure — both financially and socially, and through both public policy and social constructs — then entrepreneurship can prosper and true creativity can be unleashed.
2. Embrace Your Geeks
Every community has super-smart people, but in most places, they are dispersed across separate industry circles and rarely interact. Silicon Valley “geek culture” is inclusive, open minded, diverse, and quirky. Why? Because smart people generally share one common trait — they are creative. Implement and encourage creative projects in your community to attract, gather, and support your geek culture.
3. Create Networks of Capital
Yes, Silicon Valley has the brand name VCs, but more importantly it has vast, informal networks of angel investors that pool their money to seed promising projects. AngelList’s “Syndicates” is a step toward formalizing these networks, but the more you can tap into, educate, and gather existing networks of wealth around startups, the better your ecosystem will be. In the end, if great companies are built somewhere, the capital will follow.
4. Foster Collaboration
Above all else, Silicon Valley is an amazingly tight-knit and collaborative culture. People of all skill sets, backgrounds, and experiences get together almost nightly here to share ideas, best practices, and metrics, and to provide each other feedback. Why? Because we understand that helping each other and sharing expertise leads to faster iteration, more efficient innovation, faster market growth, and ultimately a larger pie for all.
Entrepreneurs have so much to gain by working together, because ideas don’t matter — execution does. Forget the NDAs, and stop creating “competitions.” Instead, start creating ways for people to collaborate and share knowledge with the next generation of founders. It will make your community infinitely more successful.
Want to Bring this Mindset to Your Community?
The Founder Institute helps local leaders create sustainable startup ecosystems using these Silicon Valley best practices.
Posted by donAdeo on 2013-11-07
As you may or may not know, the Founder Institute, an entrepreneur training and startup launch program that I founded 4.5 years ago, was born through TheFunded.com. In fact, the inspiration to start the Institute came from observing the struggles of early-stage entrepreneurs on this site, and the original curriculum for the program was actually crowdsourced from TheFunded.com's members.
Today I have some exciting news to share on the state of the Founder Institute. With the recent graduations of the Summer 2013 Semesters, we have just eclipsed 1000 companies launched.
In total, through chapters across 55 cities, 30 countries, and 6 continents, we have now launched 1,003 Graduate Companies with;
- 1,114 Graduate Founders and Co-Founders
- An estimated portfolio value in excess of $5 billion
- Six exits or liquidity events (public exits include Shopalize and Gridblaze)
- Over 10,000 jobs created
- 89.5% Graduate companies still operating (versus 115 companies dissolved)
- 73.5% Graduate companies operating at or ahead of schedule (versus 146 companies with Founders still employed or companies struggling)
But we are not stopping there. In just the last two weeks we launched chapters in Munich and Portland, we are currently accepting applications in over 20 cities, our pipeline is filled with potential new city launches (specifically Dublin, Tokyo, Nairobi, Bangkok, Baltimore, Seoul, Manila, and Tomsk), and we have several semesters currently in session as well.
To “Globalize Silicon Valley” and help promising entrepreneurs launch companies that will create over 20,000 new jobs per year by 2020.
If you want to help foster entrepreneurship on a global scale, then Launch a Founder Institute Chapter in your local city.
Or, if you want to join a growing network of global entrepreneurs and launch an enduring company through structured training courses, practical business-building assignments, and expert feedback from a large network of business mentors, then Apply to the Founder Institute today.PRIVATE: Members Only
Posted by jonnystartup on 2013-08-02
On Wednesday July 17th, BeforeWeDo won the Founder Showcase Pitch Competition in front of 400 investors, founders, and press in Mountain View, CA. Represented onstage by Founder & CEO, Stefan Broda, BeforeWeDo empowers sexually active people to manage your sexual health at home.
Did you know that there are more than 20 million new sexually transmitted infections per year in the U.S. alone, creating a whopping $16 billion annual burden on our health care system?
BeforeWeDo aims to reduce these numbers and curb STDs by making testing less scary. The company offers an online STD resource, personal health web app, and STD testing-kit delivery serivce for you to manage your sexual health at home, removing the embarrasment and hassle of current solutions. Prior to the Showcase, BeforeWeDo also won Bay Area Startup Weekend, Graduated from the Silicon Valley Founder Institute, and was an official partner with San Francisco Pride.
Watch Stefan's flawless pitch, and expert Judging Panel feedback from Manu Kumar (K9 Ventures), Noah Doyle (Javelin Venture Partners), Jon Soberg (Blumberg Capital), James Cham (Bloomberg Beta), and Ho Nam (Altos Ventures), below:
In particular, Stefan received glowing feedback from Noah;
"I admire the capital efficiency. This is the way healthcare businesses need to be built. Through a market-testing, capital-efficient, iterative fashion, rather than the traditional method of multiple rounds of funding before there is any revenue. You are a new model for the modern healthcare plight." - Noah Doyle, Partner at Javelin Venture Partners
Coming in second place as the official runner-up was Friend Trusted, a web and mobile app that helps people shop and compare home improvment estimates. You can see the video of Co-Founder Brenton Marrelli's pitch here.
Other companies who presented on stage at the event included:
- InstaNext: InstaNext Inc provides an enterprise apps platform using a modern approach that makes it possible for large enterprises to stay current with technology.
- Slidefish: Slidefish simplifies the process of getting feedback on presentations and documents, delivering those documents to any browser on device with any OS while letting you measure document engagement.
- Pouch: Pouch is a mobile loyalty & marketing application.
- PriceHub: Don’t overpay for your next used car - use PriceHub to research the real price based on what others really paid.
- Knightscope: Knightscope is developing self-driving robots to help organizations reduce costs and fight crime more effectively with automated alerts of suspicious behavior.
- Camperoo: Camperoo makes planning children's activities easier for parents, while giving providers more exposure to parents and campers who have interest in their camps.
For more information on the Founder Showcase, visit http://foundershowcase.com.PRIVATE: Members Only