Founders Factory builds and funds startups together with exceptional entrepreneurs and the world’s leading companies. Created by IPO-exited founders, we offer founders capital, operational support from a team of hands-on experts, and unrivalled access to a coalition of industry-leading corporate partners. Since 2015, our 300+ portfolio companies have raised $800mm follow-on funding from a roster of notable investors.
Our Studio partners with entrepreneurs from day one, developing new ideas, technologies and business models into high growth companies. As part of our collaboration with global brand activation agency Pico, we’re now looking for an experienced operator with entrepreneurial ambitions to take a new concept created and validated by our Venture Design team into the build phase. You will lead the venture as Founder & CEO with our investment and the full backing of Founders Factory.
If we believe the future is decentralised across finance, software, organisations, and energy - why wouldn’t events become decentralised?
Fete is a decentralised events platform utilising Web3 to enable fundraising, ownership and community collaboration. Combining generative AI and Web3 in a novel way, our goal is to disrupt how events are conceived, planned, executed and monetised:
- Using generative AI and web3 primitives to make the creation, running and co-ownership of events of communities easier.
- Enabling the creation of DAO’s for events (Decentralised Event Organisations) with web3 tokenisation to raise capital through ticket presales, ability to share event royalties and incentivise contributions from the community.
- Enabling rewards through tokenization for community members who contribute to events by promoting and assisting in its success - allowing ownership of events you’ve contributed to
- DAO-style voting enables token-holders to vote on aspects of events or organisations
- Integrations with KYC tools prevent fraud (eg. a Fyre festival situations) whilst on-chain analytics allow for building of trust between organisers and attendees.
- Utilising Generative AI to empower organisers to source speakers, suppliers and acts for events and generating key marketing materials.
💡 Find out more here: https://drive.google.com/file/d/1wdfvvyAYn7X1RJX5TbPeYHpKdlfRuynA/view
💸 What we’re offering:
- Partner with Founders Factory’s team of IPO-exited founders and entrepreneurs to develop a new mission-driven venture
- $650k USD total investment in cash and services to help you build your venture
- A validated concept and intellectual property
- A studio squad lead and full time venture builder, as well as support from the wider FF team, including leadership, mentorship, and network access
- A dedicated studio budget (including the founder stipend, specialist resource and infrastructure budget of $131,250)
- Experienced fundraisers supporting you in shaping your narrative and helping you unlock access to future sources of capital
- Access to specialist support, including finance, legal, and - where appropriate - to the relevant FF investor
- 6 month accelerator programme and alumni community access
- Senior access to Pico, the global brand activation agency helping shape the market environment Fete will operate in
🎯 What you’ll bring:
- Experienced founder, builder or operator capable of building a venture from scratch
- Proven ability to build a world-class team, attract customers and investors
- Evidence of thriving in ambiguous environments and a high aptitude for calculated risks
- A clear vision for the opportunity (including product direction) - with the drive and expertise to execute on it
- Hands-on product mentality and ability to empathise with users
- Experience organising or managing events
- Deep Web3 knowledge plus an established network in the space