| MEMBER PROFILE |
Who Can Join
TL;DR
Startup Haven's mission is to support venture-scale founders and startup communities they can thrive in. Our founder members range from two gals in a garage to unicorn founders, including serial exited founders as well as founders who's startups failed to make it -- venture-scale startups are ridiculously hard and success can take multiple tries. Our investor members put the "venture" in venture-scale and range from early angel investors to general partners in some of the top venture funds in the world.
Founder Membership:
Investor Membership:Startup founders working full-time on a venture-scale business with some elements of traction. (See below for more details.)
Accredited investors (individuals and funds) actively seeking their next venture-scale startup investment. (Investors with conflicts of interest, including service providers, are not qualified for membership.)
Community Membership:
Individuals who want to support the venture-scale startup community in their city but are not otherwise qualified for Founder or Investor membership. (Service providers are not qualified.)
Service Providers:
Venture-scale startups need help from many professional service providers, including legal, financial, marketing, real estate, technology and others. A limited number of service provider partnerships are available to service providers who believe in a 'give first' approach.
The Full Story
Startup Haven's mission is to support venture-scale startup founders and the communities in which they can thrive. We believe that it takes a village and that a founder's probability for success is increased when they are surrounded by the people who can help them the most.
We also know that startup communities attract tremendously smart, talented, friendly, helpful and inspiring folks — in short: terrific people. However, not all of these amazing people qualify to participate in Startup Haven.
Our Community Membership is designed to help burgeoning startup communities thrive and grow by creating a opportunities for the community to learn about and support venture scale startups. If you are a startup founder but discover that you don’t (yet) meet the qualifications of our Founder Membership, we encourage you to join as a Community member. Similarly, if you are an investor but have not yet begun to actively invest in venture-scale startups, then a Community-level membership is a good fit for you.
Our Service Provider Membership is open to professionals and firms who provide products and services to startups. Availability is limited and service providers are expected to adhere to our professional code of conduct.
Note that our Community and Service Provider memberships are only available in select regions and that access to Startup Haven events and programs for these members is limited.
If you are a founder but are unsure whether you meet the key requirement of being a “venture-scale” startup company, here's what that means.
- Founders who have raised professional venture capital are qualified.
- A venture-scale company progresses along a trajectory of traction — e.g., idea, 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 founder(s) are working full time on a 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 means of employees performing work for another person or company — i.e., not a "services 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 salary 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.
Still think you’re in the right place?
If you still think you’re in the right place, then please take a moment to complete the appropriate membership application form. If we agree with you then you’re in. If you are uncertain, please apply as a Community Member or read the FAQs listed below for more information.
Applications are subject to review so don’t be surprised if we have some follow-up questions or politely invite you to try again when your situation changes. In any case, please don’t fake it and please don’t take it personally — we’re not judging you or your startup. The policies behind Startup Haven membership are based on years of experience and observation about how to build the most valuable experience for founders. Our bet is that you are pretty awesome even if you are not currently eligible for membership.
FAQ
I’m working FULL TIME as a member of the founding team of a venture-scale startup… can I join as a Level 1 or Level 2?
YES.
If you’re a full-time founder, co-founder (as CEO, CTO, CFO, COO, etc.) of your growth startup then rock and roll… Startup Haven is for you! What makes this role so special? There are many shared experiences that only founders can understand. Then there’s the risk. Your compensation and success depends almost entirely on the long-term success of the company. Employees get salaries and perhaps a tiny bit of stock; founders get heaps of stock and little or no salary. If the company fails, founders can lose a lot… sometimes everything. Employees go get another job (perhaps with the new realization that stock options may not be as valuable as once thought.)
I’m working on my startup but I haven’t quit my day job yet… can I join?
Usually NO. But as a Community Member, possibly YES.
Passion, confidence and commitment are hallmarks of entrepreneurship. Most often, this means pursuing your startup 24/7… and jobs get in the way of that. Of course, quitting your job to pursue your startup is not a litmus test of a true entrepreneur nor a true startup… but it’s definitely a leading indicator of commitment. If you haven’t quit your job at Microsoft or Boeing or Amazon in order to pursue your startup then you may not be ready for Startup Haven's Level 1 & Level 2 memberships. That said, you may be extraordinarily passionate and confident about your startup idea but still need to support yourself (or your family) financially. That’s totally understandable. But if you haven’t yet turned your passion into something that most entrepreneurs would recognize as impressive commitment to a viable startup… then Startup Haven may not be a good fit for you.
What’s “impressive” and what’s “viable”? In a nutshell, something that a room full of serious, committed, full time entrepreneurs who are making huge sacrifices would recognize as kicking ass and taking names. To be clear, that’s a high standard to meet. And just because you’ve been working on our ‘nights and weekends’ project for three years doesn’t mean you have something impressive or viable. We all hope you do someday and one of the ways you’ll know that is that you’ve quit your job to pursue it full time. And yes, the bar is set higher for you if you’re not working at your startup full time.
If this doesn’t sound like where you are then you may want to wait to join Startup Haven. We’ll be here when you’re ready.
I’m working with/for a startup as an advisor/employee/fractional exec… can I join?
No.
It takes a village to raise a startup and the employees, advisors and even families of startups are critical to their success. But Startup Havens’s founder-oriented environment requires that we restrict membership to full-time founders, C-level execs and investors. There are lots and lots of ways for non-founders to connect in the startup community and you should partake heavily of those opportunities. When you make the leap yourself and dive deeply into your own startup then we’ll be here for you!
I’m the founder of a venture-scale startup but I haven’t (or don’t plan to) raise capital… can I join?
YES.
Boot-strappers are one of the reasons that Startup Haven events are mostly free and the buyins for Poker 2.0 events are kept really low. As long as your working full time on a venture-scale startup then boot-strapping is highly-respected in the ranks of Startup Haven.
My startup is in stealth mode so I can’t say much about what I’m working on… can I join?
Usually, NO. But as a Community Member, possibly YES.
An essential purpose of Startup Haven is to help startup founders get and give help to and from other founders. We understand the need to protect pending IP and to shield yourself from potential competitors at certain critical times. But if you can’t talk somewhat openly yet then you won’t be able to get much value out of Startup Haven. It might be better for you to consider joining Startup Haven once you are past your IP concerns and competitive. We’ll be here when you’re ready.
I’m the CEO or C-level exec of a company that was a startup back in 1996… can I join?
It depends.
If you were the founding CEO or C-level exec then maybe; the key is how actively involved you are in the startup ecosystem TODAY. If you were hired to replace a founding team member after the company raised money or in some way “took off” then probably not. Although if you are now an active investor in startups then welcome aboard!
I’m growing my company; so it’s a ‘growth startup’, right?
It depends… but often NO.
The phrase, “growth startup”, is a technical term. Generally, growth startups are companies for which their principal value is not delivered by human beings performing work for another person or company and the intended trajectory of the company is one of significant scale — e.g., aiming for national or global reach and/or aiming to provide a product or service to a significant share of a large and compelling market. There are some exceptions, but they are rare. For example, if your company is a firm that provides consulting or other services, then you’re very likely NOT a growth startup. However, if your company has built a marketplace for people to find the right consultant or other service provider, then you may well be a growth startup. Avvo is a good example of this, as is Porch.
My company has a cool web site… can I join?
It depends… but often NO.
If a cool web site supporting an essentially-non-technical, non-scalable, and/or non-internet-based product/service is your claim to innovation as a tech startup then you’re probably not in the right place. If you are making innovative use of a web site to broadly scale an essentially non-technical business then welcome aboard. Zulily is a good example; so is BiteSquad, Lyft, LittleBorrowedDress , Zappos, ShapeWays.
My startup company offers a product or service that would be valuable for startup companies… can I join?
Usually, no.
While there are a few exceptions, the answer is usually “no”. Examples of companies not qualified are technology and marketing firms, design firms, software development firms, recruiting firms, accounting firms, HR services, financial advisors, hosting companies etc. The general rule of thumb is that if most of the folks at the tables would be good customers of your company then you’re more suitably a sponsor for the event… although sponsors also get to play so there’s your chance! That said, if your tech startup company provides a hard core technology Platform (capital “P”… not just a methodology or set of in-house tools) that startups might use then the answer might be “yes”. For example the CEOs of Twillio and Big Door Media would both be welcome at the tables, even though they have startups as customers.
I represent a non-profit supporting startups… can I join?
Yes.
However, you’ll be in a special category of member that may exclude you from certain founder-only events and communication.
My startup isn’t a venture-scale company yet… or I’m not sure. Can I join?
Usually NO. But as a Community Member, possibly YES.
One of the primary missions of Startup Haven is to unite startup founders who share a common experience. In most cases, that means trying to start, scale and run a growth business. There is a definition of what a growth startup is at the opening section of this page. If your still not sure if your business is a growth business then drop us a note at info@startuphaven.com and we’ll suss it out.
I’m a service provider who understands the value of developing relationships with the tech startup community… can I join?
No.
Tech startups need lawyers, bankers, accountants, financial advisors, office space, PR, web hosting… and lots of other stuff. Startup Haven recognizes the value that great service providers bring to startups and to founders. And if you are the founder of your firm, then you’ve done something entrepreneurial. But the best way for you to participate as a service provider is to become a sponsor.
I’m a service provider now... but I was founder before! Can I join?
This is the hardest one for us — but still, no.
Entrepreneurs are typically highly capable, confident and often are very well connected in the startup ecosystem. So after their startup has been acquired or… well… doesn’t get acquired, it’s no surprise that many of these awesome entrepreneurs then go on to start (or get hired by) awesome companies that provide valuable products or services to startups and to entrepreneurs or they start their own such company. The entrepreneurial perspective and insight they bring to their clients is invaluable, for sure.
But when this happens, those former entrepreneurs usually become ineligible for Startup Haven events because it is virtually impossible to avoid a conflict of interest. We look forward to those awesome folks getting back on the horse and doing what they were born to do… and when they do we’ll be here for them.
Similarly, many practicing lawyers, bankers, accountants and real estate brokers often are also investors and advisers to startup companies, often investing hard cash or trading their services for equity in their clients’ companies. While these folks are on the journey with their founder clients and there is a real sense in which they are an investor, they do not meet the technical criteria of being an active startup investor for the purposes of membership in Startup Haven. As with former founders who have entered the ranks of service providers, we look forward to these folks leaving their professional work behind to focus on investing… or to become a founder!
In the mean time, the best way for them to participate as a service provider is to become a sponsor. Contact info@startuphaven.com for details.