Clubhouse “Startmate After Dark” has become a weekly event
We’ve started raising a Small Bets Fund >> hit reply if you want to hear more!
Explicit infrastructure - copy paste program infrastructure, dashboards, FinOps
We’ve started creating the infrastructure to launch 10+ programs a year and find 1,000+ Fellows a year their sweet spot in startups
We’ve had one of the biggest operational endeavours at Startmate happen this month with 3x interview nights with 150x Fellows and 150x interviewers
Experiment with products - Accelerator, Fellowship (Women, Student, Eng, Founders), First Believers, City
Women Fellowship kicked off on Monday with 100 Fellows and 100+ Coaches + 54 Buddies (alumni!)
We’ve finally met the full Startmate Team in person 😬We had our Startmate offsite, which means so much to our Team as we work fully remotely.
The Victorian funding is 100% confirmed and public - we’ve got some big goals to hit, which will truly shape the ecosystem
S21 fund is our largest fund yet with $1.95m. Even better - 31 mentors have signed up for what we call our SaaS (Startmate as a Subscription) pre-committing $4.5m in funds for the next 3 years.
We’ve got 11 awesome sponsors for our Women Fellowship for this cohort:
Secure Code Warrior💃🏼
Who Gives A Crap 💫
Blackbird Ventures 💚
MVP First Believers cohort mid-program NPS of 45 and excited about all the feedback of things we can easily improve on
Mentor mid-program NPS of 58, slowly getting better cohort on cohort (vs last cohort NPS 50) and also great feedback we’ll be leaning into
Founder mid-program NPS of 76 - full feedback here - lots of goods, but there’s a big opportunity for us to create stronger intra-cohort relationships
We’ve finally transferred the management fee for the NZ20 fund - an operational hiccup, just meant that we had to manage Startmate’s cash flow better
We love experimenting and trying new MVP software - unfortunately this month it was to our detriment - we run our interview nights and ran our International Women’s Day event on a tool called VideoFacilitator which we’ve always loved, this time the tech really struggled
Unable to find the right candidates for our Engineering and Talent Associate roles
We’ve only had 10 applications for our Product Manager role >> hence we extended the deadline to Sunday >> reshare this pls!