jakarta founder institute 2012
DESCRIPTION
Information about Jakarta Founder Institute. Summer 2012 semester registration is now open.TRANSCRIPT
Jakarta Founder Institute
Returning on May 24, 2012Early Registration close on April 22, 2012
Jakarta Founder Institute in 2011
• FALL 2011 Semester :
• 132 registration, 43 accepted to the program (32.5%)
• 4 months extensive mentorship program, graduated 13 founders which currently working to build their IT companies.
• Graduation Day attended by +200 parties from startup ecosystem and supporters, medias, vendors, incubators and ventures.
Jakarta Founder Institute Events
Media Coverage
About us:Jakarta Founder InstituteIndonesia Startup - Global Network
The Founder Institute is a global network of startups and mentors that helps entrepreneurs launch meaningful and enduring technology companies.
Locations
SeattleSilicon ValleyLos AngelesSan Diego
ChicagoSt LouisDenver
Houston
GuadalajaraBogota
MedellinSantiago
Rio
BostonNew York
Washington DC
BudapestAmsterdam
BrusselsBerlinParis
Tel AvivHanoi
JakartaSingapore
Sydney
Our Vision
The Founder Institute aims to improve the rate of startup success by providing high-potential entrepreneurs with expert training, critical objective feedback, and peer support.
Our Formula
(Great People) + (World Class Training) + (Aligned Incentives) =
Exponentially Better Chance of Success
Great Companies Start With Great People
Proprietary Predictive Admissions Test to find the best people.
This social science test was developed along with leading university social scientists, and is regularly calibrated to identify entrepreneurial personality traits and remove all forms of subjective bias.
World Class Training
A four-month program with weekly company-building assignments guided by a worldwide network of over 500 Mentors that are founders themselves.
Our curriculum was initially crowdsourced by the 15,000+ CEO members of TheFunded.com, and has since been improved using the Institute's experience running chapters in over 20 cities.
Jakarta Founder InstituteMentors & Support Network 2011
Details on all registered mentors in Jakarta Founder Institute, pls refer to http://fi.co/mentors
Founder Institute Global Mentors
Aaron Patzer, Founder & CEO, Mint.com
Adeo Ressi, Founder & CEO, TheFunded.com
Barry Silbert, Founder & CEO, Second Market
Bart Decream, Founder & CEO, Tapulous
Phil LibinCEO, Evernote
Bram Cohen, Founder, BitTorrent
Bubba Murarka, BD, Facebook
Dan Shapiro, BoD, PhotoBucket
David Sacks, CEO, Yammer
GarreH Camp, CEO, Stumbleupon
Gina Bianchini, Cofounder, Ning
Glenn Kelman, CEO, Redfin
Heather Harde, CEO, TechCrunch
Izhar Armony, GP, Charles River Ventures
Jake Nickell, Founder, Threadless
Jason Calacanis, CEO, Mahalo.com
Jordan Greenhall, Founder, DivX
Mark Pincus, Founder & CEO, Zynga
MaH Shobe, Cofounder, Feedburner
Michael Arrington, Editor, TechCrunch
Philip Kaplan, Founder, Adbrite
Aligned Incentives
The Founder Institute employs a unique Bonus Pool where everyone shares equity in the companies formed from each semester.
Each Graduate contributes 3.5% of their company equity in warrants to a 10-year Bonus Pool with other peers from the current semester.When one succeeds, everyone receives financial upside.
Differentiation
Shared equity upside among all stakeholdersSupport employment of enrolled FoundersNo bias for ideas of business typesLocal community developmentTop CEO Mentors and service providersNo funding preferences – bootstrap, angel, venture, government = Ok
Other Benefits
Flexibility - Idea or no idea, early stage startup or no startup. You are not even required to quit your day job.
Services and Scale - Free and discounted services from leading law firms, hosting companies, technology providers, and over 50 other vendors. We also collect data, feedback, and reviews to select the best Mentors, improve the curriculum, fine tune the test, and improve the experience for participating Founders.
Investment Support - Introduction to local angels and venture capitalists throughout the program at three "investor sessions.“ Feature on an exclusive “Founder Angels” mailing list. Invitation to participate in large-scale Founder Institute pitch events - such as the Founder Showcase in Silicon Valley.
Process
Select Predictive Social Science Test
Train Four Month Curriculum
Motivate Protective Legal Framework
Help Peers, Investors & Discounts
Process
Month 1 Month 2 Month 3 Month 4
Ideation Planning Setup Awareness
VisionResearchNaming
LegalRevenueRecruiting
ProductOutsourcing
Partners
MarketingPresentation
Funding
• Weekly business building assignments• 3 sessions per month• 3 mentors per session• In the evening
Fees
Fees Amount Description
Application USD 50.- For admission test processing
Course USD 650.- For catering, supplies and operations
Bonus Pool 3.5% Optional upon graduation
Tuition USD 4,500.- Conditional on external financing
waivedif apply before
April 22, 2012
Jakarta Founder Institute Classes
Partners
Apply to Jakarta Founder Institute
If you could use expert training and feedback to launch a tech company, then join us and apply at http://www.fi.co/join
Further information email : [email protected]
More information :Andy Zain ([email protected])
Novistiar Rustandi ([email protected])
Sanny Gaddafi ([email protected])