WSGR
Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. We represent companies at every stage of development, from entrepreneurial start-ups to multibillion-dollar global corporations, as well as the venture firms, private equity firms, and investment banks that finance and advise them. The firm's broad range of services and practice areas are focused on addressing the principal challenges faced by the management, boards of directors, shareholders, and in-house counsel of our clients.

CodigoDelSur
CodigoDelSur is a designer and developer of digital products. Having worked with Founder Institute startups in the past, they come as a highly recommended Founder Institute referral. They are composed of highly skilled software, web, and mobile app developers, who are excited to incorporate the latest technologies into the applications they develop.

Xero
Xero is everything you need to run your business financials. Work with a beautiful small business accounting software complete with accounting, invoicing, payroll, inventory and more. Xero seamlessly integrates with over 500+ business apps, including CRM, point-of-sale, time tracking, ecommerce, just to name a few. Join the 700,000+ businesses using Xero in more than 180 countries.

Vet-Tech
Vet-Tech is America's Veteran-led Startup Accelerator headquartered in Silicon Valley. With over 100 military veteran startups in our community, Vet-Tech's top 20 portfolio companies have raised over $10 Million in funding and have been accepted into world class programs like Tech Stars and Founder Institute.

Startup Weekend

 

Through the Startup Weekend Fellowship, members of the Startup Weekend Community who want to start a technology company can apply to the Silicon Valley Founder Institute chapter for free, and the best overall applicant will be invited to participate in the Founder Institute's step-by-step startup launch program for free as well.



Eligibility: In order to be eligible for the Startup Weekend Fellowship for the upcoming semester, you must complete your application and admissions test by Sunday, December 11th, 2016, using this link.


Grant: The recipient of the Startup Weekend Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the Startup Weekend Fellowship.


Director Profile: Jeffrey Paine

Jeffrey Paine is one of the most active startup ecosystem leaders in all of Asia. Besides being a thought leader in Asia’s most important startup publications, Jeff leads the Singapore Founder Institute, has helped launch numerous Founder Institute chapters across Southeast Asia, and is the Co-Founder and General Partner of Golden Gate Ventures.

It really is a perfect fit, as Golden Gate Ventures focuses on “Bringing Silicon Valley to Asia” through venture capital, while Founder Institute "Globalizes Silicon Valley" to Asia through its structured entrepreneur training program.

When he first decided to become a leader in the Singaporean startup scene, he started by establishing a Founder Institute chapter there. With considerable entrepreneurial experience under his belt, both in Silicon Valley and internationally, Paine was able to accelerate the development of the Singaporean startup ecosystem.

In total, Jeff's Founder Institute Semesters have Graduated over 115 companies in Singapore, including wildly successful companies like iCarsClub, Gridblaze and Vibease.

These companies have stood out perhaps because Paine has developed a unique perspective while leading his FI chapter, and helping to launch other chapters throughout Southeast Asia.

As Jeff runs his classes, he emphasizes his perspective on what makes the best companies.

The number one problem for any startup is the business idea, and not the execution. Everybody tells you that 99% is about execution, but if your idea is stupid and if you execute well on a stupid idea, you will still fail. So the idea must be interesting enough, unique enough, defensible enough, and it must fit the founder.”

This is why the Founder Institute has been so relevant, especially in Singapore. Paine has emphasized that one of the main problems there is a sheer lack of "great" startup ideas.

In short, many Singapore-based founders start out with small visions and weak ideas (not bold nor crazy enough nor targeting a large enough market). This is fairly common if they are first time entrepreneurs and perfectly alright.”

As Silicon Valley becomes more globalized, perhaps Paine is on the right track and we should focus on training entrepreneurs to come up with better ideas.

It has certainly worked in Singapore, with iCarsClub alone getting a total of $70M USD in funding, while GridBlaze was acquired for seven figures within it's first year of operation.

While Paine’s equity in such companies from the Founder Institute has definitely paid off, the effects beyond that are worth much more. Paine has been able to make strong connections, and become such an important part of the startup ecosystem in Singapore, that his VC fund has been able to make a much larger impact. As more Singaporean startups have access to large amounts of funding, it is inspiring more entrepreneurs in the area to get involved and create a better startup climate for everyone.

See a sampling of some of the fast-growing companies Jeff has helped launch through the Founder Institute below. 

 

If you want to learn more about Jeffrey Paine check out his blog at http://paine.co/

 

If you are local startup leader interested in launching a new Founder Institute chapter, visit FI.co/lead

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