We found out last night that scribetribe has been accepted into the hot new startup incubator from The Funded founder Adeo Ressi, called the Founder Institute. It’s based in Silicon Valley and is being supported by “rock star” mentors like Michael Arrington from TechCrunch and Jason Calacanis from Mahalo.
This program is going to shake things up. It is designed to be founder-friendly, and change the ground rules for how early-stage startup and incubator programs work, and features some real innovations. It’s had coverage in the Wall Street Journal, TechCrunch and many other places and will get a lot more.
This is the inaugural year, and it’s a huge honor to be part of the first intake.
I’ve heard a lot of influential folks say that this program is going to have a big impact in Silicon Valley, and that its approach is going to change the ground rules.
Not only did we get accepted out of hundreds of applications, but we’ve been told we’re part of the top tier of applicants, the “best of the best”. All three founders on the scribetribe team (myself, @mediamum and @dazwal) completed the final application tests and interviews, and have been invited to complete the formal program that’s run as part of the incubator.
I could try to sound all reserved about this. But stuff it – I’m so excited about this I could just burst. I met Adeo for the first time earlier this year at MIT in Boston, and his passion, energy and belief in the importance of startups and sticking up for the rights of founders is inspirational.
Plus he’s just one of the nicest darned guys I’ve ever had the pleasure to drink too many beers with.
We were really happy to make the finalist shortlist for TechStars last month, and I know some great guys who were/are in Y Combinator last year and this year, and we also put together applications for some of the others that are still open.
I’m a big fan of what these early stage accelerators and incubators are doing, and what guys like David Cohen and Paul Graham have achieved. And I’m also a fan of what they’re doing outside of the incubators themselves to support entrepreneurial activity and build community.
Paul Graham has done Startup School, Hacker News and AngelConf, and is one of my favorite essayists.
David and the other TechStars founders, including the hyperpresent Brad Feld, have helped to create and foster a thriving entrepreneurial community away from the Valley in Boulder, CO. That community is all colors of awesome, and a lot of it has been driven by Andrew Hyde, the welcoming, encouraging and uber-connected community director from TechStars, and creator of Startup Weekend.
But I think Adeo — with his passion, his founder-friendly focus, connectedness in the Valley, championship of transparency and startup-advocacy, and the genuine innovations in incubatorship that he’s creating — has the potential to kick this sector up a gear to a new level. And I’m buzzed like a squirrel on a case of Red Bull to be involved in the Institute’s first year.