Goal: Help student founders start promising startups by providing funding, community, and advice.
People: We look for ambitious, curious, and rule-breaking individuals under 24 who have a strong drive to succeed. Technical skills and grades are less important than character and commitment.
Fellowship: Accepted teams receive $25,000 to cover expenses. We take 10% of the proceeds from the sale of the startup equity over $2M. If in a house, teams can also opt in to the experimental equity share.
Community: We provide a supportive community of like-minded founders. Weekly dinners feature talks from experienced founders.
Advice: We offer personalized advice and feedback to help participants navigate the challenges of starting a startup.
Focus: Participants are expected to make their startup their full-time job and live in Cambridge, MA to minimize distractions.
Demo Day: We organize an event where teams can present to investors and apply to accelerators for further funding.