4 years paid: Free transportation, food, and housing for 4 years. Plus a $30k yearly stipend for business expenses
We want our fellow’s minds to be free of financial concerns so that they can focus on learning and building. We want to give fellows ample time to land on and develop great ideas. Since basic needs are satisfied there is a lower chance that founders will experience depression. Travel: Experience living in ~7 unique locations around the world.
All high school & college aged students we have talked to are so excited about the thought of traveling, this will help us be competitive in attracting the best talent. Plus travel is good for , including broadening perspective and increasing curiosity. Personal Coach: Weekly coaching sessions + on-demand access to coach
Coaches help fill in knowledge gaps, and by following the , are able to help fellows make optimal decisions and learn for themselves. Scheduled weekly sessions are essential because fellows will not always know when they are headed astray and therefore may not schedule an on demand session. Additionally, the weekly session holds as an accountability method to keep fellows motivated. Peers: 24 likeminded individuals living and working together each year.
Having a group of likeminded individuals to form relationships with is essential to an enjoyable experience, and it gives fellows the opportunity to find cofounders. Free Time: Very few required activities gives fellows years to explore curiosities and land on optimal ideas with product market fit.
Curiosity can lead to deep, novel insights which are essential to creating innovative companies. Time is required to think about and explore curiosities deeply. It takes roughly and failing to reach it is the . Startup Ideas List: This list contains a few startup ideas along with the business model and the first 10 tasks an expert would complete.
This list makes is faster for fellows to come up with a VC-backable company which means they can start executing and compounding sooner than they would normally. Including the next ~10 steps helps ensure that fellows validate assumptions and aim to reach product market fit first and foremost. Network of investors and advisors.
Necessary for when fellows need to raise additional funds, and for when they need specific domain expertise. Service DAOs: Fellows can partner with to execute on the fellow’s startup. Service DOAs are specialized in specific tasks such as development, design, and legal which means they are experts at what they do. Service DAOs accept payments in the form of equity if they believe in their employer. This lowers the capital for fellows to build amazing companies, and requires fellows to convince experts that their ideas are worth pursuing. To ensure that fellows have a baseline understanding of what it takes to create a successful startup. To provide fellows with additional topics to bond over. 1 coworking space for all fellows helps facilitate serendipitous interactions, and makes it easier for fellows to have a work life balance. Private Room: A fellow’s own space in a house with 3-5 peers.
Private room is essential to avoid unnecessary roommate conflicts. Group international travel excursions to enjoy the local culture and geography.
Shared experiences strengthen relationships. Cofounders with a strong relationship are less likely to have their startup fail due to cofounder issues. One source claims that fail due to team issues, Harvard Business School professor Noam Wasserman claims that fail due to cofounder issues. International cultural experiences open’s fellows mind to a new way of doing which helps to increase their creativity which can help them develop more innovative solutions. Productivity tools like , , , , , , and more as they are developed or as we develop them (ex: leveraging DALL-E for designers). More productive fellows can create more in less time, helping to fail fast and to outpace their competition. An ambitious end goal we have is to automate away the not fun parts of our job. Integrating tools like and are the first step towards getting there! Guaranteed job placement by matching fellows with a company who 1) has an open task board, and 2) is working on a topic of interest to the fellow.
Our fellows do not need to apply or interview to start working on real world problems that give them practical skills and credentials to prove their skills. This has only recently become possible thanks to the popularity of DAOs who often have . Fellow’s virtually meet before the program to rank which individuals they would most like to live with.
To ensure that fellows have an enjoyable experience. Fellow’s kitchens will always be fully stocked with healthy food.
Physical health is essential to operate at peak performance. 1 mil yearly investment into the top performers.
Motivates fellows to build a VC-backable company and provides additional funds to help scale our fellow’s companies faster. Scavenger hunt that connects fellows with local community members, such as a fitness instructor, coffee shop barista, and a local entrepreneur.
When the fellows have personal connections with members of the community 1) they have a lower chance of experiencing depression, 2) they are held more accountable to being a good community member, and 3) they are able to learn more about the local culture more deeply. Time dedicated to students teaching each other skills.
This would help bond students, teach students new skills, and help students become better teachers. Bonding with peers through cooking dinner at least once a week.
Food brings people together and can help deepen their relationships with one another. Everyone is enrolled in a workout competition on their phones.
Helps keep fellows physically active and gives them something to bond over. 
The Experience