Founders space for us was kind of a soft-landing program. We are the new people in the US market that don’t know what’s going on. During the four weeks, they give us a lot of information on how to start your company, legal issues for the US market. Although I have expertise in accounting, they provided professionals that could help me. We learned a lot on how to market, fundraise and make Americans know our product!
Another thing Founders Space does differently is the pitching itself on Demo Day. It was a totally new experience for me. The normal demos pitches are about five minutes with slides. However, after one month, we had to do a two minute pitch without any audiovisuals, just by ourselves. You have to captivate the VCs and Angel investors with your words. It’s very tough but very interesting.
The online videos of Captain Hoff’s online accelerator series are the best lectures for startups. Everyday he gives a short videos (3 ~ 7mins) to the startups to let them understand the most important topics or subjects. Mentors and lectures in Founders Space are very supportive and helped us to work out our business plan. They did help us a lot!
I moved to the Bay Area to launch my company after finishing my MBA at MIT, in which I focused on many entrepreneurship courses. Founders Space quickly re-oriented me to what was important to focus on as a start-up, and what people and investors really cared about, by offering real-world advice.
I liked my Founders Space experience because of its intensity and depth. Having Scott Gray and Steve Austin as mentors is like going through an ivy league bootcamp, with Scott being the professor and Steve being the drill sergeant.
Wow! If you are a startup and think you don’t need the help, think again. Founders Space is AMAZING.
As a first time founder, I was constantly searching for the right formula to build a company. I can’t even count the number hours I spent reading blogs, books and conversations with other entrepreneurs. There is so much information that it is overwhelming. You can’t really figure out what makes sense for you and your company. I wasted a lot of time…
Anderssen Tu heads up the NCTU Angel Club. He is the cofounder of Rich IP Technology, and he’s the VP of Rich Media Technology Inc. Prior to that, Anderssen was the Assistant Vice President at TSC Ventures.



