FAQ

What type of companies are in the Batchery?

We have a wide range of software, hardware, B2B and B2C startups in the Batchery at any one time.

What if I am just starting up – I have an idea, and I think it's good, but I want to test it?

For truly early-stage startups, we provide a learning track based on lean startup principles. It's a hands-on obstacle course designed to help us discover, together, if you have a market, customers, and can build the traction needed to attract investors.

What if I'm on the way? I have a product, a clear market segment, and traction with identified customers?

For companies at this level, the DeepDive course is for you. DeepDive is a three-month full immersion into:

  • the problem you're trying to solve
  • your business model
  • your go-to-market plan
  • your competitive analysis
  • your management team
  • your corporate documents, financial statements and revenue projections
  • your valuation, your ask and how you will spend it

We repeat it every three months

What is it like to be a startup at the Batchery?

Think of the Batchery as a microcosm of the Bay Area startup ecosystem, only a little safer, like a rehearsal space. You show up for the services the Batchery provides, do the assignments, and demonstrate that you are ready to do what it takes to grow your company. Our network of advisers will be there for you, helping you discover and take your next step.

How do I take full advantage of what you have to offer?

First, take the courses. Do the assignments. It sends a signal. You are in this all the way, you have hustle.

Second, use the ecosystem. We connect startups to volunteers, mentors and advisers through our co-working space, through our classes and workshops, and through our “adviser office hours” system.

You can sign up to talk to any Batchery advisers who are on this list (link). You can grab them for coffee at our workspace, or after any of the classes or workshops. 

Will I get funding for my startup?

We cannot guarantee you will get funded. Getting investors is hard. Ask any of your friends who has tried to start a company.

We believe that the startup ecosystem is a little bit broken. Most incubators today seem to want to dress companies up for a demo day, send them out, and hope for the best.

We see our job a little differently. We want to take your company to the next level. Make sure that it is a viable business. Help identify and remove the obstacles to its success.

Just like the rest of the venture investing world, the community of investors and advisors around the Batchery are drawn toward founders who engage in the courses, who reach out and make connections, who show up in the Batchery in the same way that successful companies show up in the world. Persistent, responsive, fully committed to succeeding.

In exchange for that, we will dive in to help your company. You'll find advisors at the Batchery who care about you and your company, not just your pitch deck.

The Batchery's investors have lead successful funding rounds for our most promising startups. We also have a syndicate on AngelList.

 

Okay, sounds good. So what will I get when I sign up? What do I have to give you?

Think of the Batchery like a gym membership. When you become a member, you are entitled to a desk at our private co-working space, support services, a number of value add partnerships, instructor-led classes, and private sessions with mentors.

And, the Batchery has a full-time on-site community support team whose only goal is to make the Batchery ecosystem work for you.

Our membership fee – $500 a month – gives you the space, the advisor network, the classes, the workshops, and the network of startup partnerships.

We also ask for a stake in your future success. It’s called a Warrant to Purchase Shares, and gives us the right to purchase common stock, fully dilutable shares of your company at a price all of your investors agree on, effective at your next funding event. Since different companies are at different stages, that warrant may be different for each company.