Coming into 2021, we are entering what may be the *craziest* period in On Deck history.
No fewer than eight programs kick off over the next six weeks, with many more to follow.
It's reasonable to ask: what's the play here? why so many?
It’s time to pull back the curtain 👇👇
We start our journey with the original Founder Fellowship ("ODF").
We asked Fellows: "why did you join? what are your goals?"
They said:
— meet co-founders, early hires
— obtain new knowledge
— make deep, lasting connections
— help others
— build MVP
— raise funding
— more...
There's a remarkable "flywheel" spinning within ODF:
1. People pay $$ to join. 2. we use that revenue to hire amazing people 3. who create/curate an incredible experience 4. which helps members realize a lot of value
5. as community reputation grows, so does new member demand. 6. more demand allows us to curate an ever stronger community. 7. Repeat.
Higher caliber members further accelerate each step of the flywheel.
The resulting community can uniquely help Fellows achieve many of their goals:
☑️ made deep, lasting connections.
☑️ MVP built or in progress.
☑️ obtained new knowledge.
☑️ helped others.
☑️ Expanded network.
☑️ meet early customers.
But hold up: writers don't see themselves as "distribution".
**Very important:**
➡️ Each program is also the center of its own universe 🪐☀️🌎
Podcasters, Authors, essayists, bloggers, and newsletter writers are entrepreneurs.
Creators join On Deck for many reasons:
Here's what the view looks like for an angel joining ODA:
📈 dealflow from ODF, ODNC
👩💻 recruit OD50 talent for your portfolio
🎙 build your profile, craft your thesis with ODW, ODP
😎 scout, jobs, share deals with ODVC
💵 build relationships with LPs (coming soon 👀)
And we aren't stopping there:
Building/investing/creating in specific industries requires input from across the spectrum, including people not otherwise involved in standard technology circles.
To sum: the common thread in everything we do is an obsession with building the strongest ecosystem for talented, ambitious people to change the world.
To this end, you guessed it: there's more to come👀
After agonising over the decision for days, we made the difficult (and at the time controversial) call to cancel the ODF3 kick-off retreat, and delay programming a month until the threat had "passed" 😔
The earliest education institutions looked nothing like today’s corporate forms of higher education.
Coffeehouses and salons filled with curious individuals, learning together, gave way to bloated administration and a disconnect from the realities of the job market.
Many have tried to unbundle the university.
Massive open online courses (“MOOCs”) unbundled the education component, accelerators and fellowships unbundled the network, and folks like Github and Behance unbundled credentials for specific expertise areas.
For the last decade, we have witnessed the rise of the European tech scene.
Thanks to @atomico's amazing research, we know that $30B was poured into the region last year — a record. US & Asian investments doubled. Mega rounds abound.
3/ The level of ambition in Europe is only going up, so it makes even more sense to have access to a “Silicon-Valley in the cloud” community like ODF, adapted to the European context.
Podcasters, as with creators of all stripes, are entrepreneurs.
Beyond just producing great content, they have to understand their niche, develop a voice and pipeline of guests, build an audience, and in many cases — a business.
ODP is an eight-week program inspired by the success of the On Deck Founder Fellowship, and by the incredible response to the inaugural On Deck Writer Fellowship.
We are removing bottlenecks that prevent talented people from getting started with podcasting.
Excited to introduce: @cammori - Operations Team! ⚡️
2/ Candice joins us with an incredible background spanning data science, international business, public policy, and climate tech.
The common thread that ties her career together is "business for good" 🌍 🤲 🌱
3/ At On Deck, she'll start by working across the Operations org as a utility-player, doing a rotation between: our Candidates team, ODF team, and new programs (ODW/ODA).
She'll then transition to helping us launch and lead a exciting new program in 2021 🤫 more on that soon...
We’re thrilled to announce: On Deck has raised $3M to build a modern education institution — a platform serving the many strands of identity of ambitious people who want to change the world.
Here's a thread + short deck about where we're going next 👇👇