Difference between revisions of "Organization:3 Day Startup"
(Created page with "= Overview = From 3daystartup.org: <span style="color: rgb(100, 100, 100); font-family: Georgia, Palatino, 'Times New Roman', serif; font-size: 14px; line-height: 21px;">The...") |
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From 3daystartup.org: | From 3daystartup.org: | ||
| − | <span style="color: rgb(100, 100, 100); font-family: Georgia, Palatino, 'Times New Roman', serif; font-size: 14px; line-height: 21px | + | <span style="color: rgb(100, 100, 100); font-family: Georgia, Palatino, 'Times New Roman', serif; font-size: 14px; line-height: 21px">The idea of 3 Day Startup is simple: start tech companies over the course of three days. We rent work space for an entire weekend, recruit 45 student participants from a wide range of backgrounds, cater food and drinks, and bring in top-notch entrepreneurs and investors. The participants pick the best ideas for startups during the Friday brainstorming session and deliver prototypes and investor pitches on Sunday night.</span> |
An example schedule from 3daystartup.org: | An example schedule from 3daystartup.org: | ||
| Line 9: | Line 9: | ||
Friday | Friday | ||
<ul style="border: 0px; outline: 0px; font-size: 14px; font-family: Georgia, Palatino, 'Times New Roman', serif; vertical-align: baseline; margin: 0px 0px 30px; padding: 0px; list-style-position: initial; list-style-image: initial; color: rgb(100, 100, 100); line-height: 21px;"> | <ul style="border: 0px; outline: 0px; font-size: 14px; font-family: Georgia, Palatino, 'Times New Roman', serif; vertical-align: baseline; margin: 0px 0px 30px; padding: 0px; list-style-position: initial; list-style-image: initial; color: rgb(100, 100, 100); line-height: 21px;"> | ||
| − | <li> | + | <li>2pm: meet & greet, split up into brainstorming groups</li> |
| − | 2pm: meet & greet, split up into brainstorming groups | + | <li>7pm: dinner & pitch ideas</li> |
| − | </li> | + | <li>Decide on best idea(s), start work!</li> |
| − | <li> | ||
| − | 7pm: dinner & pitch ideas | ||
| − | </li> | ||
| − | <li> | ||
| − | Decide on best idea(s), start work! | ||
| − | </li> | ||
</ul> | </ul> | ||
Saturday | Saturday | ||
<ul style="border: 0px; outline: 0px; font-size: 14px; font-family: Georgia, Palatino, 'Times New Roman', serif; vertical-align: baseline; margin: 0px 0px 30px; padding: 0px; list-style-position: initial; list-style-image: initial; color: rgb(100, 100, 100); line-height: 21px;"> | <ul style="border: 0px; outline: 0px; font-size: 14px; font-family: Georgia, Palatino, 'Times New Roman', serif; vertical-align: baseline; margin: 0px 0px 30px; padding: 0px; list-style-position: initial; list-style-image: initial; color: rgb(100, 100, 100); line-height: 21px;"> | ||
| − | <li> | + | <li>Customer interaction, coding, market validation, business plans, logos, etc.</li> |
| − | Customer interaction, coding, market validation, business plans, logos, etc. | ||
| − | </li> | ||
</ul> | </ul> | ||
Sunday | Sunday | ||
<ul style="border: 0px; outline: 0px; font-size: 14px; font-family: Georgia, Palatino, 'Times New Roman', serif; vertical-align: baseline; margin: 0px 0px 30px; padding: 0px; list-style-position: initial; list-style-image: initial; color: rgb(100, 100, 100); line-height: 21px;"> | <ul style="border: 0px; outline: 0px; font-size: 14px; font-family: Georgia, Palatino, 'Times New Roman', serif; vertical-align: baseline; margin: 0px 0px 30px; padding: 0px; list-style-position: initial; list-style-image: initial; color: rgb(100, 100, 100); line-height: 21px;"> | ||
| − | <li> | + | <li>6pm: dinner & meet panelists</li> |
| − | 6pm: dinner & meet panelists | + | <li> 7pm: pitch startup(s) to panel</li> |
| − | </li> | + | <li> Launch prototype, elect board</li> |
| − | <li> | ||
| − | 7pm: pitch startup(s) to panel | ||
| − | </li> | ||
| − | <li> | ||
| − | Launch prototype, elect board | ||
| − | </li> | ||
</ul> | </ul> | ||
Note on equity: | Note on equity: | ||
| − | <span style="color: rgb(100, 100, 100); font-family: Georgia, Palatino, 'Times New Roman', serif; font-size: 14px; line-height: 21px | + | <span style="color: rgb(100, 100, 100); font-family: Georgia, Palatino, 'Times New Roman', serif; font-size: 14px; line-height: 21px">If your local organizing team decides to use the legal structure, than the 3DS non profit takes 0.5% of '''dilutable '''equity in companies that are formed based around ideas that are presented during the final pitches. The purpose of this is to protect ideas and founders by establishing a clear chain of legal ownership for the ideas. The 3DS organizers never profit or make any money from any work you do.</span> |
= Purpose = | = Purpose = | ||
| − | From 3daystartup.org: <span style="color: rgb(100, 100, 100); font-family: Georgia, Palatino, 'Times New Roman', serif; font-size: 14px; line-height: 21px | + | From 3daystartup.org: <span style="color: rgb(100, 100, 100); font-family: Georgia, Palatino, 'Times New Roman', serif; font-size: 14px; line-height: 21px">The weekend is designed with two specific goals in mind: kick-start new student-run companies and build entrepreneurial capabilities in students and their university communities.</span> |
= Distinct Differences From Other Offerings = | = Distinct Differences From Other Offerings = | ||
Revision as of 19:15, 5 October 2013
Contents
Overview
From 3daystartup.org:
The idea of 3 Day Startup is simple: start tech companies over the course of three days. We rent work space for an entire weekend, recruit 45 student participants from a wide range of backgrounds, cater food and drinks, and bring in top-notch entrepreneurs and investors. The participants pick the best ideas for startups during the Friday brainstorming session and deliver prototypes and investor pitches on Sunday night.
An example schedule from 3daystartup.org:
Friday
- 2pm: meet & greet, split up into brainstorming groups
- 7pm: dinner & pitch ideas
- Decide on best idea(s), start work!
Saturday
- Customer interaction, coding, market validation, business plans, logos, etc.
Sunday
- 6pm: dinner & meet panelists
- 7pm: pitch startup(s) to panel
- Launch prototype, elect board
Note on equity:
If your local organizing team decides to use the legal structure, than the 3DS non profit takes 0.5% of dilutable equity in companies that are formed based around ideas that are presented during the final pitches. The purpose of this is to protect ideas and founders by establishing a clear chain of legal ownership for the ideas. The 3DS organizers never profit or make any money from any work you do.
Purpose
From 3daystartup.org: The weekend is designed with two specific goals in mind: kick-start new student-run companies and build entrepreneurial capabilities in students and their university communities.
Distinct Differences From Other Offerings
The exciting aspects in contrast to something like Startup Weekend is that 3 Day Startup is focused entirely on tech startups, and that they bring in actual investors on the final day. 3 Day Startup has lead to 41 technology startups attracting over $14 million in investment. In fact, in the Texas A&M 3 Day Startup 2012, two startups were funded on the spot on the third day of the program.
Additionally, 3 Day Startup is sponsored by Microsoft and Rackspace, enabling students to free technology and servers for quick building.
Although interested in tech startups, 3 Day Startup encourages participation by all majors at a university.
Steps Required to Bring Resource to Campus
- Generate 50 requests on your campus to "unlock it" via http://3daystartup.org/unlock/
- Will update with more info
Contact Information
Will update soon.
