jakarta founder institute - indonesian startups, global network
TRANSCRIPT
17+ Locations
300+ Graduates
500+ Mentors
Coming to Jakarta!
Introducing:
Jakarta Founder Institute Indonesian Startups, Global Network
The Founder Institute is a global network of
startups and mentors that helps entrepreneurs
launch meaningful and enduring technology
companies.
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 15 cities.
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 stakeholders
Support employment of enrolled Founders
No bias for ideas of business types
Local community development
Top CEO Mentors and service providers
No 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 sessio s. Feature o a e clusive Fou der A gels aili g list. Invitation to participate in large-scale Founder Institute pitch events - such as the Founder Showcase in Silicon Valley.
Process
Select Predictive social science testing
Train Four month curriculum
Motivate Protective legal framework (Class F)
Help Peers, investors, and discounts
Curriculum
Month 1 Month 2 Month 3 Month 4
Ideation Planning Setup Awareness Vision
Research
Naming
Legal
Revenue
Recruiting
Product
Outsourcing
Partners
Marketing
Presentation
Funding
• Weekly business building assignment
• 3 sessions per month
• 3 mentors per session
• In the evening
Fees
Fees Amount Description
Application $50 For admission test processing
Course TBA For catering, supplies, and
operations
Bonus Pool 3.5% Optional upon graduation
Tuition $4,500 Conditional on external financing
Locations
Seattle
San Francisco
Silicon Valley
Los Angeles
San Diego
Denver
Houston
Boston
New York
Washington
Santiago
Bogota
Brussels
Amsterdam
Paris
Berlin
Singapore
Jakarta
Mentors (selected samples)
Aaron Patzer, Founder & CEO,
Mint.com
Adeo Ressi, Founder & CEO,
TheFunded.com
Barry Silbert, Founder & CEO,
Second Market
Bart Decream, Founder & CEO,
Tapulous
Batara Eto, CEO, Etolabo
Corporation
Bram Cohen, Founder,
BitTorrent
Bubba Murarka, BD, Facebook Dan Shapiro, BoD,
PhotoBucket
David Sacks, CEO, Yammer
Garrett Camp, CEO,
Stumbleupon
Gina Bianchini, Cofounder,
Ning
Glenn Kelman, CEO, Redfin
Heather Harde, CEO,
TechCrunch
Izhar Armony, General Partner,
Charles River Ventures
Jake Nickell, Founder,
Threadless
Jason Calacanis, CEO,
Mahalo.com
Jordan Greenhall, Founder,
DivX
Mark Pincus, Founder & CEO,
Zynga
Matt Shobe, Cofounder,
Feedburner
Michael Arrington, Editor,
TechCrunch
Philip Kaplan, Founder, Adbrite
Ma ore…
Partners (selected samples)
Ma ore…
