For the first half of 2020 we had one program — the On Deck Founder Fellowship ("ODF"), run by four “functions”... Candidates, Operations, Experience, and Education.
Today, we have twelve.
On Deck is organized into *programs* and *functions*
Each new program has a Program Director (PD).
Like a "CEO" of a business unit, they set the program vision, design the curriculum, drive growth, and engage with the community. The buck stops with them.
Functions are like highly specialized micro-consulting firms, supporting programs throughout the cycle, and at the PD's request.
They help build infrastructure, facilitate P2P knowledge-sharing, analyze insights, and maintain a consistent experience across all programs.
Getting the first cohort of a new program right is *critical*
In September, we announced "On Deck Labs" — launching an internal product studio to help incubate and launch new programs.
The "Launch Team" act as Chief of Staff/concierge to each new PD.
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
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.