We’ve been on a tear. We have been fortunate to see the fruits of our labor begin to grow as we’ve accepted our 12th founder into our Atlanta ecosystem portfolio.
We also just had our first annual retreat! This was an awesome time getting to back to the basics with our team. Re-centering ourselves around the mission of what KnowCap is here for and the vision of what KnowCap could be.
As an organization, we have been fortunate to have people join and believe in the mission so deeply that they have stated they would like for their career end…
I’m going to make this quick and simple. No frills here.
We have made the call to begin publishing our investor newsletters to provide more public access to what we’re building at KnowCap. In reality, we build things behind a fairly thick, dark curtain.
This isn’t purposeful — it just happened. They say that companies take on some of their founder’s personality traits and my desire for anonymity is one of those things (along with a few others).
Eventually, we will need to recruit someone to fill the shoes of being the public “face” (we already have a plan to…
When we decided to provide a new avenue for aspiring entrepreneurs to turn their ideas into fast-growing companies, we never anticipated how many walls we would have to break down.
We first had to create a new model (Knowledge Capital investment) that would embrace people from all backgrounds. Then we had to create a process that would give them a higher chance at success (proprietary Startup Engine process). Then we had to go about recruiting world-class talent to help guide them onto their path of entrepreneurship.
Each time we encountered an obstacle, we knew we needed to overcome it. With…
We’ve always known that as our portfolio grows we would continue to build out our offering to our founders. The partnership strategies that KnowCap deploys keys in on the network effects that our ecosystem model provides for bother partners & founders.
One of the key components of that are the partnerships that we can enter into is one that makes the lives of our founders less “complicated.” The income gap that occurs from when an aspiring entrepreneur decides that they want to start a business and the point where they actually have replaced their former salary can be treacherous.
Now that we’ve been doing this for over a year, we have been fortunate to work with over a dozen founders in our flagship programs.
At every step we make sure that we eat our dogfood of experimentation, reviewing the results, and optimizing the process. Just like a startup should, we constantly iterate on our programs to make a more impactful value proposition. We do this to make sure that what we bring to the table is exponentially more valuable than the equity we receive for our investment.
Without further ado, we’re proud to announce that we have launched Exchange…
I’m going to write this one in the first person because this mission of what we’re building is so dear to me AND I’m the ONLY one who can write this particular piece. Let’s get started. — Stephen
Every time I talk to a candidate, an investor, or someone who’s just interested in learning more about KnowCap, I always get asked about the inspiration for KnowCap.
So, I thought I would put it into words so that someone who hasn’t met me yet can get the answer to that question too.
I created launched this iteration of KnowCap in June…
When we think about what we want KnowCap to be what often comes to mind is Moneyball.
That concept is something that we try to embody as we look to invest in new founders, especially underresourced founders from overlooked communities.
We know aspiring founders have a very hard time building and launching their first company.
Technical founders need help with marketing, selling, branding, and design. Nontechnical founders need help with all of the technical aspects of starting a company. EVERYONE needs support around operations, company infrastructure, and fundraising.
All of these “other competencies” can be very expensive to hire. But…
As an organization, we have chosen not to use the “2 and 20” structure for managing institutional LP funds.
When you invest in KnowCap, those funds get attributed directly to salaries, which means we do not need to charge fees to cover our expenses. That is the beauty of the knowledge capital investment model.
100% of the funds that investors commit are leveraged to invest in the companies within our portfolio, and 100% of the success that we achieve will be returned to investors according to their fund allocation.
Station F in France has been an inspiration to us. They built a huge innovation center with multiple venture capital funds, multiple accelerators, multiple corporate offices, and many different startups. They even have a co-living space for people who just want to live, eat, and breathe venture creation!
We want to open a Station F-style innovation hub in all 50 states. In our thinking, if we accomplish this goal, we will bring VC to Main Street.
Finally, people who have been historically left out of the venture creation paradigm will have an opportunity to compete with other founders on the…
As an early-stage founder, you’re likely familiar with many of the most common approaches to investing. When it comes to investing in companies, the human capital model we use at KnowCap stands alone.
Simply put, the human capital model delivers a founder with a team of experts in return for a small amount of equity. This means that we’re uniquely committed to the success of our founders.
We have a lot in common with the venture capital model, but we also break those traditions. For one, we dive deep with the founders.
Even though we focus on speed and agility…
Supporting entrepreneurial growth in cities + communities.