We believe that the next tech boom will be led by founders that don’t fit the old Silicon Valley pattern.
This next wave will be more diverse in geography, gender, ethnicity and life experiences. They will be comprised of more women, minorities, and startups that are based outside of Silicon Valley, NYC, and Boston.
The new wave is already starting to trickle in and will swell in the coming decade.
Knowledge and grit are key
The two founder qualities that are irreplaceable are their experience of the problem space as well as their passion for bringing a solution to scores of customers or users. These two ingredients are the source of the product vision and leadership, which are required for a startup’s longterm success. Other skills such as design, engineering, marketing, sales, and operations can be brought in by the right people.
A different investment model
Just as the focus and preferences of the investment community haven’t evolved much in the past few decades, the investment approach hasn’t either since the founding of the accelerator model in the mid 2000’s. We are convinced that a new model is needed to unlock the vast potential that this new wave of founders brings.
Beyond capital we also invest skilled resources in our startups to complement the founder’s outlier-level expertise and passion for their product. Similar to a sports academy, we develop our startups by pairing them with a team of expert coaches that will show them –not just advise them– how to hone in on product-market fit and an optimal distribution strategy.
Who’s behind all this?
The founding team has led the design and product development for nearly a 100 products across numerous verticals and for clients ranging from pre-seed startups to Fortune 500 corporations. We are experts at bringing all-star teams together with passionate visionaries to build mass-market products.