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Connect by Dec 20 '17
Sep 11 '17-Jan 1 '18 (16 weeks)
Funds up to
Please enter the url of a 1 minute unlisted (not private) YouTube or Vimeo video introducing the founders.
In the video please introduce yourselves, explain what you're doing and why, and tell us anything else you want to about the founders or the project. The video should be one minute long and should be uploaded to YouTube. If you don't want other people to find it, mark it as unlisted. Don't mark it as private, or we won't be able to see it. The video should contain nothing except the founders talking. No screenshots or postproduction wizardry please; we don't want this to turn into a video making contest. If you're going to spend time making something cool, put it into your demo/product. Please do not recite a script written beforehand. Just talk spontaneously as you would to a friend. People delivering memorized speeches (or worse still, text read off the screen) usually come off as stupid. Unless you're a good enough actor to fake spontaneity, you lose more in the stilted delivery than you gain from a more polished message. Before submitting the video, you should try playing it yourself, and check that you can hear what you're saying. A significant fraction of the videos we get are inaudible. If you're going to apply at all, you may as well apply with a video we can hear.
Paste YouTube or Vimeo URL Link (ex. www.youtube.com/foo)
Which Founders will be located physically where the program runs during the entire period of the program if we fund you.
What is your company going to make?
For each founder, please list: age; year of graduation, school, degree and subject for each degree; employer and title (if any) at last job before this startup. Put unfinished degrees in parens. Make sure to note anyone not able to move to the Bay Area.
Please tell us about the time each member most successfully hacked some (non-computer) system to their advantage.
Please tell us about an interesting project, preferably outside of class or work, that two or more of you created together. Include urls if possible.
How long have the founders known one another and how did you meet? Have any of the founders not met in person?
Why did you pick this idea to work on? Do you have domain expertise in this area? How do you know people need what you're making?
What's new about what you're making? What substitutes do people resort to because it doesn't exist yet (or they don't know about it)?
Who are your competitors, and who might become competitors? Who do you fear most?
What do you understand about your business that other companies in it just don't get?
How do or will you make money? How much could you make? (We realize you can't know precisely, but give your best estimate.)
If you've already started working on it, how long have you been working and how many lines of code (if applicable) have you written?
How far along are you? Do you have a beta yet? If not, when will you? Are you launched? If so, how many users do you have? Do you have revenue? If so, how much? If you're launched, what is your monthly growth rate (in users or revenue or both)?
If you have an online demo, what's the url? (Please don't password protect it; just use an obscure url.)
How will you get users? If your idea is the type that faces a chicken-and-egg problem in the sense that it won't be attractive to users till it has a lot of users (e.g. a marketplace, a dating site, an ad network), how will you overcome that?
If you're not incorporated yet, please list the percent of the company you plan to give each founder, and anyone else you plan to give stock to. (This question is as much for you as us.)
If we fund you, which of the founders will commit to working exclusively (no school, no other jobs) on this project for the next year?
For founders who can't, why not? What level of commitment are they willing to make?
Do any founders have other commitments during the period of the program?
Do any founders have commitments in the future (e.g. finishing college, going to grad school), and if so what?
Where do you live now, and where would the company be based after the program?
Are any of the founders covered by noncompetes or intellectual property agreements that overlap with your project? Will any be working as employees or consultants for anyone else?
Was any of your code written by someone who is not one of your founders? If so, how can you safely use it? (Open source is ok of course.)
Are any of the following true? (a) There is only one founder. (b) A founder is a student who may return to school when the next term starts. (c) Half or more of your group can't move to the Bay Area. (d) One or more founders will keep their current jobs. (e) None of the founders are programmers.
If you had any other ideas you considered applying with, please list them. One may be something we've been waiting for. Often when we fund people it's to do something they list here and not in the main application.
Please tell us something surprising or amusing that one of you has discovered. (The answer need not be related to your project.)
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