2. Jakarta Founder Institute in 2011
• FALL 2011 Semester :
• 132 registration, 43 accepted to the program (32.5%)
• 4 months extensive mentorship program, graduated 13 founders which
currently working to build their IT companies.
• Graduation Day attended by +200 parties from startup ecosystem and
supporters, medias, vendors, incubators and ventures.
6. About us:
Jakarta Founder Institute
Indonesia Startup - Global Network
The Founder Institute is a global network of startups
and mentors that helps entrepreneurs launch
meaningful and enduring technology companies.
7. Locations
Chicago Budapest
St Louis Amsterdam
Denver Brussels
Boston Berlin
Houston
Seattle New York Paris
Silicon Valley Washington DC Tel Aviv
Los Angeles Hanoi
San Diego Jakarta
Guadalajara Singapore
Bogota Sydney
Medellin
Santiago
Rio
8. Our Vision
The Founder Institute aims to improve the rate of
startup success by providing high-potential
entrepreneurs with expert training, critical objective
feedback, and peer support.
9. Our Formula
(Great People) + (World Class Training) + (Aligned Incentives)
=
Exponentially Better Chance of Success
10. Great Companies Start With Great People
Proprietary Predictive Admissions Test to find the
best people.
This social science test was developed along with
leading university social scientists, and is regularly
calibrated to identify entrepreneurial personality
traits and remove all forms of subjective bias.
11. World Class Training
A four-month program with weekly company-building
assignments guided by a worldwide network of over
500 Mentors that are founders themselves.
Our curriculum was initially crowdsourced by the
15,000+ CEO members of TheFunded.com, and has
since been improved using the Institute's experience
running chapters in over 20 cities.
12. Jakarta Founder Institute
Mentors & Support Network 2011
Details on all registered mentors in Jakarta Founder Institute, pls refer to http://fi.co/mentors
13. Founder Institute Global Mentors
Aaron
Patzer,
Adeo
Ressi,
Barry
Silbert,
Founder
&
CEO,
Mint.com Founder
&
CEO,
TheFunded.com Founder
&
CEO,
Second
Market
Bart
Decream,
Phil
Libin Bram
Cohen,
Founder
&
CEO,
Tapulous CEO,
Evernote Founder,
BitTorrent
Bubba
Murarka,
Dan
Shapiro,
David
Sacks,
BD,
Facebook BoD,
PhotoBucket CEO,
Yammer
GarreH
Camp,
Gina
Bianchini,
Glenn
Kelman,
CEO,
Stumbleupon Cofounder,
Ning CEO,
Redfin
Heather
Harde,
Izhar
Armony,
Jake
Nickell,
CEO,
TechCrunch GP,
Charles
River
Ventures Founder,
Threadless
Jason
Calacanis,
Jordan
Greenhall,
Mark
Pincus,
CEO,
Mahalo.com Founder,
DivX Founder
&
CEO,
Zynga
MaH
Shobe,
Michael
Arrington,
Philip
Kaplan,
Cofounder,
Feedburner Editor,
TechCrunch Founder,
Adbrite
14. Aligned Incentives
The Founder Institute employs a unique Bonus Pool
where everyone shares equity in the companies formed
from each semester.
Each Graduate contributes 3.5% of their company
equity in warrants to a 10-year Bonus Pool with other
peers from the current semester.
When one succeeds, everyone receives financial
upside.
15. Differentiation
Shared equity upside among all stakeholders
Support employment of enrolled Founders
No bias for ideas of business types
Local community development
Top CEO Mentors and service providers
No funding preferences – bootstrap, angel,
venture, government = Ok
16. Other Benefits
Flexibility - Idea or no idea, early stage startup or no startup. You are not even
required to quit your day job.
Services and Scale - Free and discounted services from leading law firms, hosting
companies, technology providers, and over 50 other vendors. We also collect data,
feedback, and reviews to select the best Mentors, improve the curriculum, fine tune
the test, and improve the experience for participating Founders.
Investment Support - Introduction to local angels and venture capitalists throughout
the program at three "investor sessions.“ Feature on an exclusive “Founder Angels”
mailing list. Invitation to participate in large-scale Founder Institute pitch events - such
as the Founder Showcase in Silicon Valley.
17. Process
Select Predictive Social Science Test
Train Four Month Curriculum
Motivate Protective Legal Framework
Help Peers, Investors & Discounts
18. Process
Month 1 Month 2 Month 3 Month 4
Ideation Planning Setup Awareness
Vision Legal Product Marketing
Research Revenue Outsourcing Presentation
Naming Recruiting Partners Funding
• Weekly business building assignments
• 3 sessions per month
• 3 mentors per session
• In the evening
19. Fees
Fees Amount Description
waived
if apply before
April 22, 2012
Application USD 50.- For admission test processing
For catering, supplies and
Course USD 650.-
operations
Bonus Pool 3.5% Optional upon graduation
Tuition USD 4,500.- Conditional on external financing
22. Apply to Jakarta Founder Institute
If you could use expert training and feedback to
launch a tech company, then join us and apply at
http://www.fi.co/join
Further information email : info@jktfi.com
23. More information :
Andy Zain (andy@jktfi.com)
Novistiar Rustandi (novis@jktfi.com)
Sanny Gaddafi (sagad@jktfi.com)