Upon admission, we invest the full amount then work with the founders closely on their idea for 3 months. After 3 months, they present to a select group of investors with the goal of raising a larger round of investment.About our program
This is the least important thing we do. We think of our investment as a show of commitment and to align incentives. There is no program fee. Note: We have made exceptions in the past but they are exceedingly rare.
As founders, we’ve started 3 companies (Decide, Weave, Divvy Homes), raised over $100M+ from the best investors (a16z, Index Ventures, etc) in Silicon Valley, sold 2 of them and the third is a unicorn and still going strong.
Before each company, we’ve tried dozens of ideas that didn’t work. As a result, we learned a lot about what ideas are promising, how to validate them, and how to grow them. Typically, we can quickly tell you whether you’re trying to do too little or too much and where you should focus. If not, we can definitely tell you how to go about answering those questions.
We’ll introduce you to investors in Southeast Asia and Silicon Valley, but we’ll spend much more time on the following:
Even with a strong pitch, you need to run a good process. We’ll teach you how to target the right investors and approach them in a way to maximize your chances of getting funded.
If it’s your first time, understanding and negotiating the terms of an investment can be scary, especially in Southeast Asia, where the terms tend to have much more variability. We’ll help explain terms, call out abnormal ones, and give guidance on what’s typical right now.
Most startup pitches are too long and emphasize the wrong points. We help you create a pitch that’s concise and highlights the things about your startup that are important to investors. We then help you workshop it by practicing with your batchmates then with investors who are friends of ours before finally pitching at Demo Day.
What are you waiting for?
Investors who have invested in Iterative companies
Learn from experienced founders and join the most open, supportive and candid community of founders in Southeast Asia.
Founder, General Partner
Hsu Ken was previously the Chief Product Officer of Workmate, an on-demand blue collar staffing platform in Southeast Asia. In 2014, he was VP of Product at Weave (YCS14). In 2009, he started Decide.com an early machine learning company that predicted the future price of consumer goods. It was acquired by eBay in 2013. Hsu Ken has a BS in Mathematics and Statistics from the University of Washington.
Founder, General Partner
Brian was previously the Co-Founder and CEO of Divvy Homes (a16z, GIC). In 2014, he and Elpizo Choi started Weave (YCS14). In 2009, he started Decide.com an early machine learning company that predicted the future price of consumer goods. It was acquired by eBay in 2013. In 2005, he was one of the first PMs at Zillow before they launched. Brian has a BS in Computer Science and Electrical Engineering from the University of Washington.
Hsu Han was previously the first engineer at Mutiny (YCS18). In 2017, he was a Senior Engineer at the Allen Institute for Artificial Intelligence (AI2). In 2016, he was a Partner at Madrona Venture Labs. In 2009, he started Decide.com an early machine learning company that predicted the future price of consumer goods. It was acquired by eBay in 2013. Hsu Han has a BS in Computer Science from the University of Washington.