Presentation about Founder Institute and Local Startups

1. Founder Institute
Sanny Gaddafi
@SaGad

12. FUPEI.COM

14. We Need More Great Startups
Source: www.alexa.com

15. Indonesia Today … And In 2030
Source: “The archipelago economy: Unleashing Indonesia’s potential”, McKinsey Global Institute, 2012

16. Most Of Them Are Mobile
Source: www.redwing-
asia.com

17. Investors Are Coming

18. Local Success Story:

19. Local Success Story:
In the beginning:
1.Started with 2 co-founders
2.No local conglomerate/big group backup
3.Compete with big players (Plasa, Rakuten, Multiply)
Now:
1.No 1 C2C e-commerce website
2.Grow by 686% (2012)
3.Raised Series-C funding

20. Now, What Should You Do?
1. Select a real, big problem you are
passionate about
2. Find the right solution
3. Build a strong team
4. Develop a great product
5. Launch with laser focused execution

21. You’ve Got Help!

22. What Is The Founder Institute?
• A global network of startups and mentors that helps
entrepreneurs launch technology companies.
• The World’s Largest Idea-Stage Incubator
• Goal is to Globalize Silicon Valley and launch over
1,000 meaningful and enduring technology
companies per year.

23. The Problem
• Starting and running a
startup is hard
• There is no playbook
• Success is rare
• We want to help
entrepreneurs avoid
deadly mistakes

24. Our Philosophy
• Ideas are largely irrelevant
• Great companies start with
great people
• Great People
+ Expert Training
+ Aligned Incentives =
Exponentially Better
Chance of Success

25. Expert Training
Phase 1: Idea Refinement Phase 2: Business Setup Phase 3: Launch Planning
1. Startup Basics
2. Vision/ Values
3. Startup Research
4. Naming/ Branding
5. Mentor Idea Review
6. Startup Legal/ IP
7. Cofounders/ Hiring/ Firing
8. Revenues/ Costs/ Profits
9. Product Development
10. Mentor Progress Review
11. Outsourcing/ Suppliers
12. Marketing/ Sales
13. Presentation/ Publicity
14. Fundraising
15. Graduation
• 4 Month Curriculum
• 3+ Mentors / Session
• Emphasis on Group Work and
Constant Feedback/ Evaluation
• Not Required to Quit Your Job
• ~ 20 hrs / week commitment

26. … Taught By Seasoned Mentors
- Nolan Bushnell (Atari)
- Peter Guber (Mandalay Entertainment)
- Bram Cohen (BitTorrent)
- Jonathan Abrams (Friendster)
- Naval Ravikant (VentureHacks)
- Will Bunker (Match.com)
- Jake Nickell (Threadless)
- Gregg Spiridellis (JibJab)
- Luke Beatty (Associated Content)
- Dan Shapiro (Ontela/Photobucket)
- Glenn Kelman (Redfin)
- Elon Musk (PayPal, Tesla)
- Marc Pincus (Zynga)
- Jeff Dachis (Razorfish)
- Jason Calacanis (Mahalo)
- Scott Heiferman (Meetup.com)
- Aaron Patzer (Mint.com)
- Michael Arrington (TechCrunch)
- Jon Nordmark (eBags)
- Phil Libin (Evernote)
- Jordan Greenhall (DivX)
- Phillip Kaplan (Adbrite, Blippy)
800+ Global Mentors

27. … Taught By Seasoned Mentors
- James Chan (Neoteny Lab)
- Julian Gorman (Indosat)
- Martin Hartono (GDP Venture)
- On Lee (GDP Venture)
- Remco Lupker (Tokobagus)
- Rudy Ramawy (Google)
- Sakti Makki (MakkiMakki)
- Takeshi Ebihara (Rebright Partner)
- Toto Sugiri (Sigma Cipta Caraka)
- Weihan Liew (MainGames)
- William Tanuwijaya(Tokopedia)
- Alfred Budiman (Samsung)
- Andy Jobs (Nexian)
- Andy Sjarif (Sitti)
- Ari Juliano Gema (Assegaf)
- Budi Rahardjo (Indo CISC)
- Dian Kurniadi (Nexian)
- Dian Noeh Abubakar (KVB)
- Danny Oei Wirianto (MindTalk)
- Edi Taslim (Kompas.com)
- Eka Ginting (Indo.com)
- Izak Jenie (Nexian)
800+ Global Mentors

28. Growing Worldwide Entrepreneurship
Seattle
San Francisco
Silicon Valley
Los Angeles
San Diego
Chicago
St Louis
Brussels
Berlin
Paris
Amsterdam
Singapore
Jakarta
Hanoi
Sydney
Kuala Lumpur
Denver
Houston
Currently in 23 locations – 30+ planned in 2013
Bogotá
Santiago
Boston
New York
Washington DC

29. The Result: 500+ Companies Already
• 550+ Founders
Graduated
• 41% receive funding
within 6 months
• Only 9% of companies
fail in the first 18
months

31. Some Testimonials
“I believe that these eight startups
and 13 founders have really
experienced a tough yet fun four
months – I could sense it through
their presentations. Props to the
directors for bringing the Founder
Institute to Jakarta.”

32. Questions?
Email: directors@jktfi.com
Directors:
Andy Zain (andy@jktfi.co
)
Novistiar Rustandi (
novis@jktfi.com)
Sanny Gaddafi (
sagad@jktfi.com)
Program Manager:
Sadina Kasman (
sadina@jktfi.com)