And the journey has just begun.
Although not a perfect measurement, we believe people's lives improve when the GDP of their country or region increases. Academic research has shown the strongest stimulus for increasing GDP is entrepreneurship. We want to help.
The best way to help is leveraging our experience to support founders who in turn use their experience to help other founders. In the end, that looks like a community of founders helping other founders.
Capital raised by Iterative companies
Companies invested in by Iterative
Founders in the Iterative community
We believe this works better for everyone. It allows us to run the program more efficiently, and the startups probably learn just as much from each other as they do from us.
However, we invest in companies on a rolling basis so we recommend you apply now.
You will be assigned a lead partner responsible for your well being during the batch, based on your needs and their expertise.
The first thing you and your lead partner will do is set goals for the end of the program. Where do you want to be at the end of the program? Typically this involves growing your primary metric 5% to 7% every week for the batch duration.
Every week, you meet with your lead partner to give an update on your progress, discuss challenges, priorities, and next steps. Founders have told us they benefit from these sessions in 2 ways.
First, they rarely have someone they can talk to openly, who has been where they are, and can empathize and give practical advice.
Second, they come out of these meetings with clarity. When you’re the founder of an early-stage founder, you’re often so busy getting things done, and you rarely take a step back to think about whether you’re working on the right stuff. We find that the ability to prioritize and focus is the biggest difference between first and repeat founders.
After 12 weeks, we host a Demo Day where startups can present to a selected audience of investors to help kickstart their fundraising efforts. Demo Day marks the end of the batch.
Iterative doesn’t really end after 3 months. We continue to give advice and make introductions as long as our startups need—-and so does the informal network of Iterative companies. We think of our batch program as just orientation into the larger community.
See you in the program.
If you’re unsure whether you’re at the right stage, I recommend you apply. Often we’re betting on the founders more than the idea so we like to hear from people who know them well or have worked with them before.ApplyOr recommend a founder