In this thread, I’ll share why and how we decided to do this.
This would transform the future of mobile computing.
It builds on @ideocolab's approach to problem solving through collaboration (and external partners), multi-disciplinary teams, and diverse teams.
- Unbundling the accelerator model
- Our programs are free to startups
- Which partners we chose for the launch
What I found was interesting…
Capital is a commodity, but value add is scarce.
Wow. Needless to say, that's not what I nor @ideocolab came here to do, given who we are and what we do.
But it was fascinating to hear that from successful founders. That's a major design problem.
70% of Series A backed founders do not go through an accelerator. They don't need to.
But their needs are VERY different:
- They need help in more specialized and advanced ways
- They want to be a part of a more focused community
And that is how the Startup Studio program was born.
_Half/full day acceleration programs each focused on 1 specialized topic
_FREE for startups/founders to participate
_Programs run by @ideocolab & our partner organizations
_Blockchain focused community
My second design principle was to bring in partners who were not only great to work with, but also ones who bring something really important and necessary to blockchain ecosystem
But now our attention goes back to building and working with great teams and startups to help them realize their visions and make an impact.