If you’ve been keeping your eye on me for any length of time you’re familiar with my accelerator, TinySeed, that focuses on helping bootstrapped founders succeed through funding, mentorship, and a batch experience.
We’re approaching the halfway mark of our first batch of 10 companies (full list here), and it’s already time to open applications for batch #2.
It’s been a great learning experience so far both for those in the batch and those of us running TinySeed, some good examples of those learnings happened during our first in-person retreat and you can read about them here.
A few other things I’ve taken away from the first half of this batch:
- Working with ambitious founders who share a similar ethos (let’s grow quickly, but not at all costs) is so damn interesting.
- In any group of people you’re going to have a range of preferences. Some founders want to be super involved with the batch. Others are content to check in once a week. Neither is better, it’s just personalities.
- No plan survives contact with a customer. Our original thesis was that founders would use our funds to quit their day job and focus on their product full-time. Only 2 (maybe 3) of our 10 founders needed the funds for that purpose.
- Most of the founders have told us they didn’t apply to TinySeed for the investment, for them it’s more about the mentorship, the network, the halo effect of being a TinySeed company, and the weekly community/mastermind/batch experience.
If you’re wondering what it’s like to be a founder inside TinySeed, we put together a nice list of podcast episodes where our founders have talked about their experience being part of our first batch.
Applications will be open during the month of November, and if you run a self-funded SaaS product with revenue I’d encourage you to apply.