What Is Falcon Basecamp and How Can It Help Startups?

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August 9, 2021
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Outlier Ventures
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What Is Falcon Basecamp and How Can It Help Startups?

TL;DR

Falcon Basecamp is a remote three-month acceleration program offering startups $50,000 upfront investment and access to a network of mentors and investors. It focuses on the financialization of open data, the metaverse, and decentralized storage, with a proven track record of helping alumni like Dia Data and Boson Protocol achieve significant market capitalizations.

Transcript

hello hacker fest my name is blake lazenski and i'm the program manager of the fall coin base camp program at outlier ventures i'm very honored and humbled to be presenting in front of you today and let me tell you why protocol labs teamed up with outlayer ventures to bring you a dedicated version of our core web free startup acceleration program b... Read More

Key Insights

  • ❓ Falcon Basecamp is a dedicated acceleration program for web3 startups leveraging IPFS, Filecoin, and other Protocol Labs technologies.
  • ♿ The program offers upfront investment, comprehensive support, and access to mentors and investors.
  • 😚 Startups can benefit from specialized entrepreneurship support in areas like the financialization of the open data economy, the metaverse OS and NFT experience, and cloud 2.0 decentralized storage and compute.
  • ❓ The program's success is evidenced by the achievements of alumni companies like Dia Data and Boson Protocol.
  • 🙃 Falcon Basecamp emphasizes the "three Ps": process, people, and partners, to guide startups towards operational excellence and fundraising success.
  • 🤣 The application process is rolling, but early applicants have an advantage.
  • ❓ The program is fully remote, with the opportunity for one-on-one consultations and expert guidance.

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Questions & Answers

Q: What is Falcon Basecamp and why should startups consider it?

Falcon Basecamp is a startup acceleration program for projects leveraging technologies like IPFS and Filecoin. Startups should consider it because it offers $50,000 upfront investment, comprehensive business support, access to mentors and investors, and potential follow-on investment.

Q: What are the key areas of focus in the Falcon Basecamp program?

The program focuses on the financialization of the open data economy, the metaverse OS and NFT experience, and cloud 2.0 decentralized storage and compute. Startups working in these areas can benefit from tailored entrepreneurship support.

Q: What kind of support do startups receive in Falcon Basecamp?

Startups receive goal-setting assistance, operational excellence guidance, and one-on-one attention from world-class experts. They also gain access to a network of mentors and investors from Outlier Ventures and Protocol Labs.

Q: What partnership opportunities are available through Falcon Basecamp?

Falcon Basecamp provides partnerships with startup communities, exchanges, and investors. Notable investors interested in the program include Sequoia Capital, Union Square Ventures, Van Bushi Capital, OKEx, and Huawei Ventures.

Summary & Key Takeaways

  • Falcon Basecamp is a remote three-month program that provides $50,000 upfront investment, with potential for follow-on investment, and comprehensive support for web3 startups.

  • The program focuses on three key areas: financialization of the open data economy, the metaverse OS and NFT experience, and cloud 2.0 decentralized storage and compute.

  • Participants receive guidance from world-class experts, access to a network of mentors and investors, and partnership opportunities with exchanges and startup communities.


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