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08/11/10 | Uncategorized

Founder Labs

Founder Labs is a 5-week pre-incubator focused on the first phase of launching a startup – finding a team and validating the business idea. Through Founder Labs, aspiring founders build a founding team, learn technical, lean startup skills, validate ideas to find the right product-market fit and rapidly prototype and test.
What does this look like? The breakdown: 50% male, 50% female. 50% technical, 50% non-technical. 10 engineers/developers, 5 designers, and 5 business/marketing individuals. These 20 participants work in teams, 5 days a week, to produce 5 minimum viable products over the 5 week period.

Visiting Advisors are an important part of the program, providing experienced-based knowledge and feedback to the teams. Visiting advisors include:

  • Steve Blank (Entrepreneur, Author, Professor, Creator, Customer Development)
  • Eric Ries (Entrepreneur, Author, Creator, The Lean Startup)
  • Dave McClure (Founder, 500 Startups)
  • Ann Muira-Ko (Partner, FLOODGATE)
  • Theresia Gouw Ranzetta (Partner, Accel Partners)

During the Founder Labs pre-incubator program, teams moonlight on a problem hypothesis with the intent of applying to incubators such as 500Startups, Astia, TechStars or YCombinator after the idea is validated and a basic prototype (minimum viable product) created. Alternately, teams may launch and grow their startups independently after the program.

Labs 001: Summer 2010
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Meet the Founders
Labs 002: Fall 2010
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Meet the Founders
Labs 003: Winter 2011
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Week 5 Update
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