# Background
1. Jasmine (VC relations) intro email, some questions
2. Recently pivoted to focus on selling, revenue more than a raise
3. MVP0 (business report document) recently made available, working on assisting kolbe w marketing site

# To Cover
- coworking
- kolbe
- catching up
- feedback
## Jasmine
> What is the advantage of targeting young, underrepresented first-time founders as [[EIR]]s? 
- They need more support than experience entrepreneurs
- They are more open to better terms of engagement for us
- Different worldview than traditional entrepreneurs
- Stand to gain the most from a "experienced co-founder / gap filler" platform

> What kind of experience or characteristics will they need bring to the table before being hired as an EIR? **Are they knowledge workers itching to start a new venture after feeling the crippling slow nature of a larger corporation?**
- high ability to problem solve, tactics
- don't need to have strong entrepreneurial experience
- need support, capital
- willing to expend high effort to seek out opportunities
- highly motivated towards personal / professional achievement
- reasonably forward-thinking, analytical
- primed / eager to build something 

```chart
type: radar
labels:
  - entrepreneurial experience
  - problem-solving / tactical
  - motivation towards achievement
  - network
  - analytical
  - forward-thinking
  - risk-taking
  - self-esteem
  - locus of control
  - effort to seek out opportunity
  - need for support / capital
series:
  - title: 'Active College Founder'
    data:
      - 0 # entrepreneurial experience
      - 3 # problem-solving / tactical
      - 5 # motivation towards achievement
      - 2 # networker
      - 3 # analytical
      - 4 # forward-thinking
      - 3 # risk-taking
      - 3 # self-esteem
      - 3 # locus of control
      - 5 # effort to seek out opportunity
      - 5 # need for support / capital
  - title: 'Knowledge Worker fed up w/ corporate'
    data:
      - 1 # entrepreneurial experience
      - 5 # problem-solving / tactical
      - 3 # motivation towards achievement
      - 4 # networker
      - 5 # analytical
      - 3 # forward-thinking
      - 2 # risk-taking
      - 4 # self-esteem
      - 4 # locus of control
      - 4 # effort to seek out opportunity
      - 5 # need for support / capital
  - title: 'MBA'
    data:
      - 2 # entrepreneurial experience
      - 4 # problem-solving / tactical
      - 3 # motivation towards achievement
      - 5 # networker
      - 3 # analytical
      - 4 # forward-thinking
      - 5 # risk-taking
      - 5 # self-esteem
      - 5 # locus of control
      - 4 # effort to seek out opportunity
      - 3 # need for support / capital
width: 80%
```

```chart
type: radar
labels:
  - entrepreneurial experience
  - problem-solving / tactical
  - motivation towards achievement
  - network
  - analytical
  - forward-thinking
  - risk-taking
  - self-esteem
  - locus of control
  - effort to seek out opportunity
  - need for support / capital
series:
  - title: 'Startup biz founder w/ 1 seed-stage exit'
    data:
      - 4 # entrepreneurial experience
      - 4 # problem-solving / tactical
      - 3 # motivation towards achievement
      - 5 # networker
      - 4 # analytical
      - 5 # forward-thinking
      - 5 # risk-taking
      - 5 # self-esteem
      - 4 # locus of control
      - 4 # effort to seek out opportunity
      - 2 # need for support / capital
  - title: 'Startup biz founder w/ several series A+ exits'
    data:
      - 5 # entrepreneurial experience
      - 5 # problem-solving / tactical
      - 4 # motivation towards achievement
      - 5 # networker
      - 4 # analytical
      - 5 # forward-thinking
      - 3 # risk-taking
      - 4 # self-esteem
      - 4 # locus of control
      - 4 # effort to seek out opportunity
      - 1 # need for support / capital
  - title: 'Sundar Pichai'
    data:
      - 5 # entrepreneurial experience
      - 5 # problem-solving / tactical
      - 5 # motivation towards achievement
      - 5 # networker
      - 5 # analytical
      - 5 # forward-thinking
      - 1 # risk-taking
      - 5 # self-esteem
      - 5 # locus of control
      - 5 # effort to seek out opportunity
      - 0 # need for support / capital
width: 80%
```



> How does this founder type fit well within your early-stage venture studio model?
I feel like this is addressed by the above?

> Will they have full-time jobs they'll need to quit? Are you raising enough cash to support a livable salary for them in Chicago?
It depends on:
* the maturity of the idea / venture
* the founder
* resources required to prove demand, viability

|their venture is...|they need to...|then we would...|then they would...|
|--|--|--|--|
|idea, low scale, low cost, high value|prove demand|invest a small amount of capital|build it, then quit their job|
|idea, med scale, med cost, high value|prove valid + demand + feasible|invest a small amount of capital|next phase of planning, then build|

> Is supporting young, underrepresented founders your new mission for the fund?
Yes as a mission statement but not as an uncompromising position

> Most importantly, you all will be first-time founders leading other first-time founders. As an experienced investor who knows how difficult it is to build and successfully launch a venture-backed business, this venture studio is starting to feel a bit like the blind leading the blind. Why should I trust your inexperienced EIRs?
By giving them access to a network of mentors, community of other founders and an intelligence platform that fills the role of an experienced cofounder, we can take small calculated bets on people who have a high-value path to success. These are the people that are the next generation of founders; people that are ignored by venture firms but have a great untapped capacity to build great things with the right guidance.

Is selling robot eyes leading the blind?

## Coworking
- Tuesdays @ 1871
## Uncertainty
- maximizing our exposure outward (?)
- focused execution
## Kolbe
- it hurt kolbe that i didnt go to the party
## "Burnout"
- CORE marketing video
- week or two to work on creative ideas
## Feedback
- 
## Catching Up
- 