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Organization:3 Day Startup

3,791 bytes added, 12 years ago
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..."
= 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 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:

Friday
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<li>
2pm: meet & greet, split up into brainstorming groups
</li>
<li>
7pm: dinner & pitch ideas
</li>
<li>
Decide on best idea(s), start work!
</li>
</ul>

Saturday
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<li>
Customer interaction, coding, market validation, business plans, logos, etc.
</li>
</ul>

Sunday
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<li>
6pm: dinner & meet panelists
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&nbsp;7pm: pitch startup(s) to panel
</li>
<li>
&nbsp;Launch prototype, elect board
</li>
</ul>

Note on equity:

<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. &nbsp; The purpose of this is to protect ideas and founders by establishing a clear chain of legal ownership for the ideas. &nbsp;The 3DS organizers never profit or make any money from any work you do.</span>

= Purpose =

From 3daystartup.org:&nbsp;<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 =

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. &nbsp;3 Day Startup has lead to 41 technology startups attracting over $14 million in investment. &nbsp;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&nbsp;[http://3daystartup.org/unlock/ http://3daystartup.org/unlock/]
*Will update with more info

= Contact Information =

Will update soon.
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