2 phases - Phase I - team acceleration, Phase II - venture partner led weekly support from program completion and beyond.
This program is for:
Companies raising rounds of at least $1.5M
Companies w/ prototype ready product, and initial traction, in domains we support (See About Us)
Focused on market opportunities and revenue generation. 5% revs up to $50K post initial phase 1% equity and option for round allocation for investment & syndication.
What should you expect?
Our program is semi-virtual, a combination of in-person and virtual sessions, and fully customized
1 lead Venture Partner per company
Dedicated mentor team (2 mentors selected based on aligned background)
Weekly Deep Dives
Market/Industry Strategy for Beach Head Market
Financials and Use of Funds Strategy
Build Out Strategic Advisory Board
Begin with the End in Mind - Exit Planning 5 years ahead
Pitch, marketing, investor communications
What do we provide?
STRATEGY/GUIDANCE
We work with you to accelerate business formulation, develop market entry and product strategy, understand and analyze growth and metrics, and create the right pitches to match the right investors or customers.
MENTORING
Launching a business can be a challenging experience. We pair you with a team of a Venture Partner who curates access to our mentor network and provides hands on support to enable you to move forward fast! We like to say, 2.5 years of progress in 3 months!
COMMUNITY
We are about building a community. Ask any of our alumni. We invite them back during our accelerator to share their experiences and build new relationships with you, learn themselves. When you join LightSpeed, you join a community. It takes a village...
INVESTMENT AND ONGOING SUPPORT
A hallmark of our program is that it does not end with Demo Day. The core team sticks with you beyond and interfaces to continue to help you grow and navigate even as your business needs shift. You have access to ongoing events, are invited back to network and meet new customers, new investors, re-engage. Again, we are building a community.
What we expect from you
Focus on the work, focus on understanding the market, understanding the user needs. Our support should align with what you would be doing for your business.
Requirements:
Founder/CEO leads the team
Weekly tag ups of at least one hour
Occasional in-person meet ups for strategy and execution deep dives. We come to you or You come to Us!