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Founder Institute FAQ
Founder Institute Overview
Who We Help
Is the Founder Institute Right for my Business?
How We Help
Does the Founder Institute only accept tech companies?
How is the Founder Institute different from Techstars and Y Combinator?
Is the Founder Institute a pre-accelerator?
What is the schedule for the program?
Where are the Founder Institute Feedback Sessions located?
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Ideas + Applications
Can I submit more than one idea?
How does the program’s ideation phase work?
Could other participants have similar ideas to mine?
How is our intellectual property protected during the Program? Will somebody steal my idea?
How does the application process work?
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What is a typical Feedback Session like?
Do founders need to quit their day job?
Can I find a co-founder in the program?
What is the Founder Institute’s graduation rate?
If I drop out of the program or get dropped after the refund deadline, can I return to the next program for free? Can I join a different location?
Post Program Support
How does the Founder Institute select Mentors?
How do founders get paired with mentors?
How do I apply to be a Mentor?
How can I become a Local Leader for a program near me?
Equity Collective (formerly Bonus Pool)
Where can I learn about the Equity Collective?
Will the Founder Institute help me incorporate?
Do I need to be working with a law firm now?
Do I need to use the Founder Institute’s legal partner?
Am I required to incorporate in my home country?
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Warrant and Equity Collective
What is the Equity Collective?
How does FI’s equity allocation work?
How does the Equity Collective allocation work for co-founders or Teams?
What are the potential returns?
How do I join the Equity Collective?
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Can I apply if I am not planning to raise money?
Can I apply if I am already fundraising?
How will founders interact with investors?
Are investors turned off by the Class F stock and Equity Collective?
How much money should participating founders plan on raising?
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Virtual Program FAQ
General Questions and Information
How can I partner with FI?
Guest Posts and Contributions
Can I post on FI's site?
Partial.ly Payment Plans
What is Partial.ly?
How do the payment plans through Partial.ly work?
How do I sign up for a payment plan?
What is the Partial.ly contract?
Walkthrough: Signing up for a plan
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