Build a new, replicable model for funding/incubating startups based on community, deep collaboration, shared value creation and incentive alignment.
2. Is anyone doing something like this now and how is your project different? [30 words]
Incubators like TechStars provide top-down funding and incubation. Networks like Facebook and LinkedIn foster community and collaboration. We will tie it all together — from the bottom up.
3. Describe the network with which you intend to build or work. [50 words]
We are drawing from an existing Facebook group called Accelerating Possibilities, self-organized around the principle of helping one another “connect ideas, people and resources to make good things happen faster.” It’s a meta-network of nearly 800 members from Unreasonable Institute, StartingBloc, TED, Pop!Tech, Summit Series and more.
4. Why will it work? [100 words]
Only 2.5% of entrepreneurs get funding, yet all job growth is from startups. Angel investing yields over 27% IRR historically, yet most angels are hobbyists, and most citizens are blocked from investing due to antiquated laws. Human catalysts in the startup ecosystem are critical to startup success, yet they can’t make a living by doing what they are best at: connecting the dots for others. There is already tremendous incentive to bring these three groups together into a single community. We will align incentives, create processes, and curate a culture of INTERdependence that’s more profitable for everyone than working independently.
5. Who is working on it? [100 words]
A core team is emerging from within Accelerating Possibilities to flesh out the vision and operationalize it, including: Rafe Furst (entrepreneur, angel investor, catalyst); Orlando Medina (legal and transactional expert); Sarah Tripp Stephan (communications expert); Jason McKinley (operations expert); and Paige Schechtman (getting-things-done expert). We are in the process of rounding out the core team and building consensus within the community. Once we get to 100 members we will begin the beta period (which includes funding/incubation for 30 startups). From there we will scale to 1000 members. From there we will help others replicate our model.
6. What part of the project have you already built? [100 words]
We are in the process of rounding out our core team as well as surveying and running focus groups from the various potential community members. We’ve created a first draft of the model we will implement and refine in the beta period, using lean startup methodology. Rather than attempt to plan everything from the top-down, we will engage the community to co-create the action plan, assuring that the members feel ownership of their own success from the beginning.
7. How would you sustain the project after the funding expires? [50 words]
Knight’s grant will launch and fund our beta community. Once we’ve hit cashflow-positive, we will empower other communities to replicate our model, much the way TEDx does TED. Whatever amount we receive from Knight, we will “fund-it-forward” to two other communities in the future.
Requested amount from Knight News Challenge: $1 Million Expected amount of time required to complete project: 1 year for completed beta. Total Project Cost: $50M
Name: Crowdsource Startup Community Twitter: (none) https://www.facebook.com/groups/acceleratingpossibilities/ Organization: Accelerating Possibilities Country: U.S. / World
This group is competing for a million dollars for the above project. I’ve been a part of Accelerating Possibilities for the past year and seen it do some great work matching up entrepreneurs, investors, and skilled people. Check out the link and like/reblog!
People are still reblogging my original post about the Android comic app because the huge majority of reblogs don’t show the updates that were added later- which let everyone know that the app was removed from the store by the developer. And as such, the cycle continues.
There is no need for further reblogging, contacting authors, or subequent pitchfork grabbing, you may all go on with your lives of corgi pictures and reaction gifs.
…or, even better, corgi reaction gifs. (from thefrogman)
This is going to be blatantly about sexism but this is my honest answer.
After spending about an hour playing with my balls (I don’t think men realize how neat balls are) I would make a new Twitch account and I would stream games.
I would spend the entire day streaming games without getting called a whore. Without having it detailed to me, in my public chat room, the explicit sexual acts men want to do to me. Without having to listen to where exactly they would like to put their manly bits and what exactly they would like to do with them.
Don’t get me wrong, men get hate too. There’s plenty of man-on-man hate out there. But it’s not usually sexual. It might go into the area of questioning their sexuality (because some people actually still think calling someone gay is insulting) but it’s rarely objectifying and explicit. Men don’t get told by other men that they want to take them out back and molest them.
So I would stream games.
I’m sorry this isn’t a funny answer. Every time I go live or post a YouTube video I brace myself for the sexism. So if I got to be a guy for a day I would create content without the fear of sexual harassment.
There’s a lot of people posting the KONY 2012 video, and while it hit me emotionally on a high level, I wanted to add this to the conversation as best I could:
Documentaries, at their most primitive level, are *scary*. Not in the sense that they can invoke strong emotional reactions, but in that a good documentary can lay out a narrative, lay it out as fact, and leave you convinced that you have been shown everything you need to know to make a decision on the subject matter. It is important that when dealing with that kind of material that you do the inquiry and show it the skepticism that it deserves: Not because it seems disingenuous, but precisely because of just how close it seems to come to being a true tip of the spear in guiding the forces of our generation and the internet towards truly changing the world for the better.
There are a few links that are actually, sadly, being wrongly marked as spam by Facebook.However, I can point to a couple pieces on the net about a more full picture of the situation in Uganda, the recent history of the conflict, and Invisible Children’s charities.
This is NOT a call for inaction, apathy, or cynicism. This is a hope that when put in front of such a powerful piece of media with a strong call to action, we answer that call not with blind faith in a movement, but with questions to find the truth behind the story, and only then to make our first steps towards the better world that you, I, and this documentary want. If that still achieves the original, larger intent of the documentary, then we all still win.