Founders Circle participants who qualify for Founders Lab get seed funding and graduated access to mentors, domain experts, shared resources and growth capital as they meet key milestones representing escalating proofs of concept across a 12-month period.
- Build a case for transcendence. Share data and insights, preferably built on personal experience, focused on a transcendent market opportunity and demonstrate how the founder’s background fits the opportunity. Prerequisite for admission into Founders Lab.
- Build a product or solution that addresses the transcendent opportunity. Target 3-5 months.
- Build a user base with potential for attractive acquisition, retention and lifetime economics. Target 6-8 months.
- Build a business model with potential for scale and sustainability. Target 8-12 months.
- Build a mission-driven performance team. Target 12 months.
Ventures that meet all 5 milestones are eligible for Founders Leap, with access to growth capital and resources to scale and sustain transcendent ventures.