Openfund

As the applications are already pouring in, we'd like to use them as a starting point with which to provide some feedback to others who plan to apply.

1. Don't try to impress us, try to inform us and try to make us understand what your project is about. Avoid the buzzwords and basically try to explain your idea as you would to a friend. That should do it. Although we're also interested to the effect your idea willl have, it's more important to have a clear and tangible image of what exactly your product will be. This is especially important for applications without a prototype or a mockup.

2. Be sure to make clear what the advantages of your idea and implementation are compared to the competition. Remember we're talking about global-market businesses and there has to be a competitive advantage. If there isn't, you probably have to convince us by substituting it with something else.

applications, reviews, tips

True to our commitment of setting up a more than capable Board of Advisors on all things start-up, we are announcing today the updated list, featuring a set of experts that we consider exceptional.
You’ll find among them people with rock solid experience and world class expertise on topics ranging from technology and business development to finance, marketing and legal issues, among others, all waiting to help out great start-ups take shape and prosper.
The list remains far from final, actually more advisors are to be added in a continuous basis, but still we do believe that -together with the Executive Board- it already provides a sound and sufficient basis to back what is considered our core offering: Advice. The full list follows right after the jump:

advisors

If our website cuts a long story short, today we are happy to share with you the whole story, containing the full specifications of the Openfund. The document embedded below shapes out, among others, the current market conditions, our vision and the promise we target at, next to a detailed description of the structure and processes set up to make this happen. And while the document remains by itself in perpetual beta and is not designed to convey any legal powers or responsibilities, we do believe that it contributes a crystal clear picture of what brings us here, where we stand and where we want the Openfund to be in the foreseeable future. The journey has just started, the board is now set up, and we are excited to invite you all join us on this ambitious endeavor.

Openfund - The Business Plan

plan, structure, processs