Who Can Join Startup Haven
Startup Haven is intended for serious, full-time, venture-scale startup company founders, C-level execs and investors. If you are certain you’re one of these, then you’re good to go. If you not certain that you’re not one of then read on.
The startup community attracts tremendously smart, talented, friendly, helpful and inspiring folks — in short: terrific people. Unfortunately, many of these amazing people do not qualify to participate in Startup Haven. If you discover that you don’t meet the qualifications for Startup Haven events please understand that it’s not personal… you’re probably still awesome. The key is “venture-scale”.
- A venture-scale company progresses along a trajectory of traction — e.g., idea stage, MVP, pre-product, pre-revenue, pre-funding, seed stage, profitability, Series A, B, C, growth stage, acquisition/IPO. Not every venture-scale startup will pass through every stage, but Startup Haven requires that member companies have achieved some recognizable traction along a growth trajectory before joining. Idea stage startups are too early for Startup Haven membership. The baseline for consideration for membership in Startup Haven is that the company has built a functioning (although perhaps still primitive) product. So, pre-product companies are usually too early as well, unless some other meaningful milestones have been achieved.
- A venture-scale company does not deliver it’s principal customer value by their own human employees performing work for another person or company — in general, services performed by humans do not readily scale.
- A venture-scale company has as it’s intended trajectory one of significant scale — e.g., aiming for national or global reach and/or aiming to provide a product or service to a significant market (typically valued in the hundreds of millions to billions of dollars.) There are some exceptions, but they are rare.
- A venture-scale company founder is interested in building a company for which their financial incentives are not the money they make while they are building or running the company (i.e., their income or the company’s profits) but, rather, the financial upside that comes from building a company of great value that produces an out-sized outcome in the future (typically through a liquidity event such as a merger, acquisition or IPO, but also sometimes through immensely scaling revenue.)
- A venture-scale company need never raise venture capital, however the company is of a kind that investors would recognize as, in principle, ‘investable.’ Investors may range from angles to VC and terms may range from convertible debt instruments, to priced rounds to revenue redemption models. As a rule of thumb, venture-scale investors are principally insterested in investments that can return many times their investment (typically 3x to 10x+) over a relatively short period of time (typically 4 years to 10 years.) This means companies that can scale to millions in monthly revenue, grow to tens of millions in annual revenue and/or produce liquidity events in the range of tens of millions, hundreds of millions… and possibly even one billion or more.
If you still think you are a fit, read the rest of this page and then click here to pick your membership level and apply!