Founded in 2006 in Boulder, Colorado by David Cohen and others. Headquartered in New York City, operates globally. Launched approximately 4,100 companies with $116 billion market cap. Admits 1-2% of applicants, typically selecting 12 companies per cohort
Venture capital is private equity investing in disruptive businesses with high growth potential. Venture capital firms operate as partnerships with general and limited partners. General partners receive 20% performance incentive and up to 2% management fee
Most startups fail, but many failures are preventable through Lean Startup approach. Startup is defined as organization creating new products under extreme uncertainty. IMVU's success demonstrated need for new approach to product development
Successful pitch decks must demonstrate market gap, unique solution, and capable team. 99% of startup decks fail to secure funding. Investors look for exceptional team, product, and traction
French Tech Visa provides 4-year renewable residence permit for tech talent. Scheme launched in 2017, enabling over 1,200 companies to recruit foreign employees. Business France and Mission French Tech created Welcome to La French Tech Desk
Growth mindset views abilities as learnable through effort. Fixed mindset sees abilities as inherently stable and unchangeable. Concept was introduced by Carol Dweck in 2006