What is it like to participate? What happens at 3DS? You and 39 other students will start a company over the course of three days. We rent work space for a 3 days, invite 40 students with a wide range of backgrounds, cater food, drinks, snacks, and coffee, pick the best idea for a startup during the Friday brainstorming session, and release a minimal prototype by the end of day 3. The goal is to build enough momentum among a network of motivated people to sustain the company beyond the weekend. If I participate, what do I get out of the weekend? The worst case scenario is that you will work with brilliant people from numerous disciplines toward the common goal of building real companies and products. Great connections happen at 3 Day Startup: cofounders meet, complimentary skill sets collide, and friends are made. The best case scenario is that you will be a cofounder of a wildly successful new tech startup. Will my startup get any cool stuff?
- Accepted participants can head on over to our Participants page to sign up for the awesome services listed below.
- Free cloud hosting from Rackspace for six months (up to $500/month of usage).
- Free access to Microsoft BizSpark.
- A legal services package from DLA Piper designed for startups incorporated in the United States. The package will be available at reduced rates, combined with a flat fee or deferred fee arrangement. 3 Day Startup companies will have full access to DLA Piper’s comprehensive benefits and legal services designed to position new companies for future growth and success. Please contact Justin Bowes to find out more.
- Spreadsheet with hundreds of startup ideas by many different folks
- Y Combinator’s list of ideas they’d like to fund
- Paul Graham’s article on startup ideas
- Seth Godin’s Six Month MBA class 999 ideas
- First to market
- Free of competitors
- Based on a patent
- Something you thought of yourself
- Address a real, observable market pain
- Be something that you are knowledgeable about
- Have a large, potential or existing market
- Have possible revenue streams
- 2pm: meet & greet, split up into brainstorming groups
- 7pm: dinner & pitch ideas
- Decide on best idea(s), start work!
- Customer interaction, coding, market validation, business plans, logos, etc.
- 6pm: dinner & meet panelists
- 7pm: pitch startup(s) to panel
- Launch prototype, elect board
What is your rate of success? First of all, check out some of the companies that have been started by graduates of 3 Day Startup here. Our main metric for success is how many of our alumni found companies that take investment, generate revenue or enter incubators. It is common to hear the word “startup” get thrown around. When we say startup, we mean the real thing: companies that are making money or taking investment. Per program, 3 Day Startup result in more successful startups than any other weekend entrepreneurship event. We have run 130+ programs in the US and internationally, and those have given rise to 79 companies that have cumulatively received over $49 million in funding. 29 companies from 3DS have been accepted to accelerators such as Y Combinator, Tech Stars, 500 Startups, Capital Factory, Austin Technology Incubator and Dreamit Ventures. On average, each 3 Day Startup program has generated more than one successful startup. This includes programs in mature and nascent university entrepreneurship ecosystems.
Can I host a 3 Day Startup in my city? Yes. Contact us at firstname.lastname@example.org for more details.
How can universities get involved? Universities can hold 3 Day Startups at their campuses. When we engage with a university, we do not do it with the intention of holding a single program on their campus. We aim to establish a continuing program that expands the entrepreneurial capability and culture of the university. Contact us at email@example.com for more details.
Can we have a 3 Day Startup at my company? We do conduct a limited number of corporate programs per year. The main focus of these enterprise innovation programs is developing an entrepreneurial mindset in executives. Contact us at firstname.lastname@example.org for more details.
Are you looking for investors? Yes, we are looking for people to invest in the companies we help to start. The best way for an investor to do that is to attend or sponsor a 3 Day Startup. We are also interested in forming relationships with investors aligned with the social innovation goals of the 3 Day Startup non-profit. Contact us at email@example.com for more details.
My company is seeking talented employees. Can I use 3DS to find students to hire? Absolutely. One of the most useful things that we do for participants and companies is to help to scout for talent and to facilitate job placements. The best way for a company to meet our talented students is to attend or sponsor a 3 Day Startup. Contact us at firstname.lastname@example.org for more details.
I have a great idea or invention. I’m worried about it being stolen. This is probably the most common concern for 3DS participants. Our legal structure is designed so that invited participants can freely share their ideas amongst each other in a protected environment without having to worry about things being stolen. We believe firmly that ideas are cheap and execution is everything, which is why we focus most of our attention on action. But don’t just take it from us: there is broad consensus on that topic in the startup community. See here, here, here, and here for just a few examples. In short, we are in the business of making ideas happen, not stealing them. Who is this non profit, anyway? 3 Day Startup, Inc., is a 501(c)(3) non-profit corporation.
It has no shareholders, only a board of directors composed of successful entrepreneurs and cofounders. 3 Day Startup, Inc., is organized for the express purpose of promoting entrepreneurship on college campuses.How does 3DS make money? We are a not for profit entity, primarily funded through universities and sponsorships.