Back to normal mode after starting up Foundership! What is Foundership?
....where a peer network of founders & leaders help startup founders & teams to accelerate...
There has been a long silence on my side in Substack. I got severely occupied after starting up Foundership. There are some clarities now after many experiments.
I thought to share an update with you about Foundership and back to the regular writing newsletter. Allow me to send one more newsletter this week too.
Foundership is a Startup Execution Platform where a peer network of founders & leaders help startup founders & teams to accelerate their idea, starting up, raising funds, high-performance execution and upskilling.
Foundership = Coaching + Capital + Connect
Seed Acceleration Program
We work with seed-stage startups on all functional areas of the business in 4 months, enable them to scale their business, increases their odds of success, and finally selects the best ones to present to investors.
We bring Founders & Leaders to join probono to support founders with dedicated engagements on key functional areas to help founders move forward.
We run a cohort of 6 to 10 startups for 4 months. 2 times a year.
Rolling Acceleration Program
Same as Seed but no funding commitment and applications are allowed 6 times a year.
Founders & Leaders run various cohort-based programs to 1-1 to work with startup CXOs and team members and host group cohorts to leverage high-value to solve challenges and achieve outcomes.
These are Fee-based programs
Office Hours Coaching
Startup founders & teams can book office hours with Foundership mentors.
Capital - Funding
We bring founders, leaders, angels and VCs to fund startups in our Seed acceleration program.
Connect - Network
Founders & Leaders Community
We engage founders & leaders to join as mentors to run cohort-based programs, participate in acceleration programs and help Startups with specific needs. You can join the Foundership community: https://tally.so/r/wzD50m
We partner with corporates and institutions to bring GTM access to our startups.
Who are the people behind Foundership?
What made us start Foundership?
5% of startups get funded. 10% of startups fail within the first year. 90% of Startups fail with execution as one of the key factors. What matters is execution!
Today there is an overload of content on how to startup, an overload of seed funding and an ecosystem of successful founders & leaders. The missing piece is contextual with dedicated time for startups to resolve bottlenecks and move forward. Also, there is a lack of a single platform that can help to get access to high-performance founders & leaders based on the startup's needs as per their stage needs.
We mentored 176 seed-stage startups in 2020...
We saw the gap & opportunity to serve:
Startups Need Execution Support across stages.
Focussed Execution is underrated.
Community experience is limited to hosting events.
A decade+ of experience is available in our Local Ecosystem.
How has our progress been?
In Jan 2021, we started running an experiment: Invite Seed startups to solve their challenges in 30-days.
We got 129 applications in 3 days of announcement. We worked with 50+ Startups in the last 6 months.
We announced the 'Zero Fee' Seed Acceleration Program in July 2021.
We received over 166 applications from India, the EU & Russia for Seed Acceleration Program Batch 1 in August 2021. We put in a fair process to evaluate 6 startups where we can add maximum value.
Join us in the movement to help startups succeed.
Please note: 5% of startups get funded. 10% of startups fail within the first year. 90% of Startups fail with execution as one of the key factors. What matters is execution!
If each of us can contribute to helping a Startup, it will benefit all of us from a vibrant ecosystem.