7 Marketing Secrets from 500 Startups Demo Days

Have Fun, Get Deals Done – The Future of Marketing is the Brand Experience

Pitching to top Silicon Valley investors like Tim Draper is nerve-racking. It helps when he’s dressed in a superhero costume.

From Valentine’s Day-Themed (Batch 19) to Summer of Love-Themed (Batch 20), 500 Startups Demo Day is more than a pitch day, it’s a festival where everyone has fun and gets deals done.

Here’s a look back at lessons we’ve learned from the last 7 Demo Days, and how 500 Startups stumbled upon creating the unique pitch day in Silicon Valley.

1. Listen to Your Audience

Back in the day, 500 Startups Demo Day was pretty basic (see Batch 8):


500 Startups Founding Partner, Dave McClure, speaking at 500 Batch 8 Demo Day (back when the most colorful thing at Demo Day was Dave’s language).

During Batch 13 Demo Day, things got a little bit more interesting.

It all started when I bought Dave a unicorn hoodie for his birthday, which happened to coincide with the Batch 13 Preview Day (an invite-only sneak peek to Demo Day). To our surprise, many investors and founders in the audience loved Dave’s unexpected fashion statement, talking and tweeting about it.

Dave noted the audience engagement and decided to wear the unicorn costume again on Demo Day. He also encouraged Founding Partner Christine Tsai, a former ballerina, to wear a rainbow tutu. Again, the response was extremely positive at Demo Day. Silicon Valley Business Journal even dedicated an article to Unicorn theme.

The lightbulb turned on, and we saw the potential marketing value in bringing creativity to our Demo Days. But it wasn’t a mere fluke — we listened to the audience feedback, saw the marketing value, and applied it.

 

2. Turn Challenges into Creative Advantage

When planning for Batch 14 Demo Day, we found out the only day the venue was available was the day before Halloween. We were not happy. Typically we tried to plan our events around major holidays, like Halloween, assuming people would be busy attending their own company parties. We were worried about not having enough investors attend our event, but we couldn’t change the date. So we decided to exploit the timing instead. Thus, Demo-Ween was born.

In our past Demo Days, we always focused on the pitches, not wanting to take away from the big day of our batch companies. However, the thematic timing forced us to look at the Demo Days from a different angle. We decided to make Demo Days more entertaining. We added the Halloween theme to our Demo Day, aka “Demo-ween” — presenting the content in a new form. The new form of Demo Day allowed startups and investors to dress up, have fun, and get deals done together.

As a result, the Demo-ween not only helped us maintain the previous demo day attendance, it also attracted more international investors than ever before (50% increase). By presenting the content in a more engaging format, we turned a challenge into our competitive advantage.

The first Demo-ween was so successful, we decided to make it an annual theme. 




3. Use Product-Launches to Rejuvenate Your Brand

In 2016, we started adding speciality tracks to our seed program, starting with a Fintech track in the Batch 16 program.

In order to highlight our new Fintech focus, we made the Batch 16 Demo Day poker themed. In order to create an authentic experience, the 500 events team hired a top poker player to give attendees poker lessons and play blackjack. Founding Partners Dave McClure and Christine Tsai also dressed up for the poker theme.

Partly in thanks to a successful Fintech-Themed Demo Day, we saw a 23% increase in Fintech applications to the following batch.

4. Embrace Company Culture

During the Batch 17 program in June 2016, the 500 team and batch companies attended the San Francisco Pride Parade. Pride inspired us to redefine the meaning of “unicorn” at 500. In tech, a unicorn company means a billion dollar company valuation. We decided that being a unicorn also brings about a sense of love and unity. We are not only about making profits and increasing portfolio company valuations but also about celebrating people and culture.

The momentum of the Pride Month continued into our Demo Day planning process. We wanted to use the upcoming Demo Day as a platform to promote 500’s company value of embracing diversity and inclusion. We chose the theme “Beauty & the Geek” based on our B17 tracks Fashion & B2B and decided to break down gender stereotypes by having Dave dress up as the “Beauty” and Christine the “Geek”.

After Demo Day, Microsoft offered to sponsor our efforts to advocate diversity in tech by supporting our Unity and Inclusion Summits. Our open and embracing culture has attracted a very diverse group of companies. In our latest batch, Batch 20, 36% of our batch companies were international (from 10 different countries), 20.5% of companies had at least one female founder, and 25% of companies had a black / Latinx founder.

 

5. Make It About Your People

At the end of the Batch 17 Demo Day, a flash mob of the 500 team appeared from the audience and started dancing on stage with Dave. The big screen started playing videos of venture capital investors and founders of successful 500 portfolio companies around the world wishing Dave a happy birthday. The B17 Demo Day happened to be Dave’s 50th birthday and our 500 family planned a surprise for Dave.

The Demo Day birthday surprise is just one example of the many things that we would do simply because we care about people. We build the 500 brand by connecting with people on a personal level.

6. Create Positive Emotion

From the previous Demo Days, we began to see that themes created a supportive environment for founders and investors to develop relationships. For Batch 19, we chose a Valentine’s Day theme because we wanted to bring more emotion into the experience.

We dressed up our founders as Cupid (Christine) and the Queen of Hearts (Dave) and decorated the stage with all shades of pink and hearts. Investors could give batch companies Valentine cards that said, “I have my eyes on you!”.



 

7. Leverage Culture & History

Our Batch 20 program was based in San Francisco around the same time as the city’s 50th anniversary of the “Summer of Love” – the 1967 summer event that drew nearly 100,000 young people to the city’s Haight-Ashbury neighborhood. Starting from early spring 2017, streets in San Francisco were decorated with the “Summer of Love” theme. We decided to do the same theme for our Demo Day to pay tribute to the city’s history.

With flowers, rainbow-colored lighting and our emcee in a Grateful Dead bear costume, this Demo Day brought a sense of nostalgia to the city many 500 Startups team members call home.



Conclusion

Our Demo Days are instrumental in building the 500 brand. We strive to create an organic ecosystem of investors, founders, and corporate partners by providing meaningful and engaging content to our audience.

If your goal is to stand out from the crowd and flaunt your unique brand to the world, don’t forget to incorporate these 7 Marketing Lessons from 500 Startups Demo Days:

  1. Listen to the Audience: Gather feedback from your audience, catch the opportunity, and act on it
  2. Reframe the Challenge: Look at the problem from another perspective and turn challenges into advantages
  3. Inspire with your products: Rejuvenate your brand with new products
  4. Embrace Company Culture: Integrate the company values and culture to create a powerful marketing message
  5. Focus on People: Build a people-centric ecosystem to organically grow your business
  6. Engage your audience with Emotions: Create Positive emotions to Drive Connection and Awareness
  7. Integrate Art into Business: Leverage the power of culture and history in your marketing

500 Batch 22 begins July 24th, 2017 in San Francisco.

Click Here to apply for our the Batch 22 Seed Program.

More from Yiying Lu: 


yiyinglu-profile-square

Yiying Lu is award-winning bilingual (English & Chinese) artist and designer. Born in Shanghai China, Educated in Sydney Australia & London UK, now based in San Francisco, Silicon Valley, she currently is a Design Lecturer at the NYU Shanghai Program on Creativity & Innovation. She is also an individual creative consultant who provides talks & workshops for global startups and corporate innovation teams on design thinking, entrepreneurship & creativity. Her projects have been featured in many publications, including The New York Times, Forbes, NBC News, TIME, CNN, BBC, San Francisco Chronicle, TechCrunch, Mashable, and The Huffington Post. She was named a “Top 10 Emerging Leader in Innovation” in the Microsoft Next 100 series. For more from Yiying, you can follow her on TwitterLinkedin and Medium.

 

The Career-Changing Impact of Learning How to Invest

Our flagship Venture Capital Unlocked investor training program is back! The 2 week executive ed. program that we co-run with Stanford Center for Professional Development is now accepting applications for its July 25th – August 5th cohort.

APPLY HERE

Getting the Inside Scoop

In the program, participants get an inside look into 500 Startups’ investment playbook and gain firsthand access to world-famous Silicon Valley VCs, angels, startups and entrepreneurs.

We are looking forward to another great session taught by Stanford faculty and 500 Startups partners, as well as top speakers like the ones who visited during the February cohort (below).

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Program Impact

At the end of 2015, we highlighted the successes of some of our VC Unlocked participants in a 3-part series on female VCs. You can see them on our blog:

Paula Schwartz, Founder of Startup Boat
Pocket Sun, Founding Partner of SoGal Ventures.
Katherine Hague, Creator of Female Funders

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Feb ’15 participants Diana Moldavsky, Elizabeth Galbut and Pocket Sun at 500 Startups Demo day

More recently, we caught up with a few other past participants and discussed the impact the program has had on their professional lives.

Many called the program “life changing,” and spoke about how it really gave them the confidence they needed to embark on a new chapter in their careers.

New Syndicates and Funds

Several past participants were inspired to start syndicates, which have turned into funds. Arlan Hamilton, a young black, female, gay woman turned heads in the largely white investing world after taking part in our inaugural class in May 2015.  

She started an early stage syndicate on Angel List, which turned into a VC fund called Backstage Capital which invests in “over-achieving underrepresented founders.”

Another example is Mohammed Mubarak Al Khater, who after meeting a founder while in Silicon Valley during the VC Unlocked program, felt inspired to invest personally. The founder was raising a bridge round and told Mohammed he would allocate him 10M in the round if he could raise it within a month.

Mohammed Al Khater with his certificate of completion from Stanford CPD
Mohammed Al Khater with his certificate of completion from Stanford CPD

Mohammed went back to Qatar, tapped into his network, partnered with a friend, and together they raised 11.2M in less than three weeks. They formed a new vehicle, MKaNN Ventures, in order to be able to invest in future opportunities.

The Network Effect

One of the greatest benefits of the program is the strength of the network that it creates among participants.

All of the participants regularly communicate with each other to share deal flow and advice, as well as organize and attend events together. Many continue to meet up with each other around the world.

Feb '16 program participants Lee McNutt and Carolina Canida met up in Miami in March to explore a company together.
Feb ’16 program participants Lee McNutt and Carolina Canida met up in Miami to explore a company together.

May 2015 participants Elizabeth Galbut and Pocket Sun even started a fund together (SoGal Ventures).

Some serve as LPs in each other’s funds and countless others have co-invested in companies together, many of which are in the 500 Startups portfolio.

Better & Stronger Investment Theses

The VC Unlocked program uses a project-based learning approach in which participants are continually refining their investment theses throughout the program with the help of 500 partners and Stanford faculty. Many of the participants we spoke to said this was an invaluable part of the course, since they continue to use their theses every time they evaluate a deal.

Stanford professor Michael Lepech with the May 2016 class.

Learning Directly From the Portfolio

One company that passed through the investment thesis filters is Piper, a DIY minecraft computer for kids.

Four VC unlocked participants invested in the company after seeing their founder pitch at Batch 15 Demoday during our February 2016 session.

Piper also scored a new PR representative in Masha Drokova, an angel investor and PR specialist who took part in VC Unlocked.

Participants look at Piper's product, a DIY minecraft computer, at Preview Day
Founder Mark Pavlyukovskyy showing Piper’s DIY minecraft computer to VC Unlocked participants at Preview Day

How to Join the Next VC Unlocked 

If you would like to be part of this fun and effective network of newly inspired VCs from around the world and take your VC career to the next level, join our next class on July 25th.

Seating is limited, so be sure to apply soon to secure your spot at 500.vc:

APPLY NOW

Startup Founders Talk: The First Time I Fired Someone

500 Startups Managing Partner Christine Tsai experienced mixed emotions the first time she as a founder had to let someone go.

“I don’t think there was a hesitation that it was the right thing to do, it was just that the person wasn’t a great fit in terms of their skills and culture,” she said.

Christine Tsai
Christine Tsai

It’s natural to have doubts and think emotionally before letting someone go, said Tsai. “You never know people’s circumstances or how this impacts them personally, even in a good job market like this.”

“It’s OK to think those things, but don’t let that prevent you from making the right decision,” she added. “It’s just a sign that you’re still human.”

“Maybe people who are really ruthless about it just don’t care,” said Tsai, “but hopefully, we never become that type of company where we just don’t give a s*** about people.”

Ethan Appleby
Ethan Appleby

“The first person I had to fire we did because of cultural reasons,” said Ethan Appleby, founder and CEO of Vango, an ecommerce startup for art purchases. “They did some blatant things — acting up at one team event, being really inappropriate.”

When the time came to drop the hammer, “they had the idea that it was coming and were pretty cool about it, so it wasn’t as hard as it could’ve been,” said Appleby. “With engineers, I knew he’d land on his feet pretty quickly.”

If you’re thinking about it, definitely do it. It’s hard for it to work out if you’re even wondering. — Ethan Appleby

But what if he’d had three kids and a Golden Retriever depending on him? “I don’t think that would have changed the decision,” said Appleby, “it just would have made it more difficult to do.”

Sean Percival
Sean Percival

“I was incredibly nervous the first time I had to let someone go,” said 500 Startups Partner Sean Percival. “The employee/boss relationship had already deteriorated and they were very antagonistic in just about all of our conversations.” As a result, “I was expecting a blow-up and my stomach turned for days as I prepared to deliver the news.”

As is generally the case with events we dread, reality did not meet Percival’s expectations. “The final meeting went incredibly smooth, and as it turns out they were already close to accepting another job. Obviously they knew the end was coming.”

So all my worries were really for nothing. When it was all said and done, I felt a huge relief. — Sean Percival

“It’s better just to power through these tough decisions so you can get back to working on what really matters: building your business,” said Percival.

Long hours, the ongoing pressure to deliver and working in close quarters are just a few factors that shape startup culture. When someone doesn’t fit into the general flow — or steps out of it entirely — many entrepreneurs want to take corrective action.

“That can be a little bit harder to determine,” said Tsai, “because in some cases, if a person’s not performing, you give them the benefit of the doubt and some milestones or feedback, then see if they improve.”

Letting someone go is never fun. But if it is the right decision, you’ll feel a huge relief after doing it. — Christine Tsai

“If it still doesn’t improve over some amount of time, it makes sense to fire them,” said Tsai, “but that’s hard to make a decision on” if a founder can’t articulate exactly why someone needs to go, particularly in larger teams where one monkey can’t stop the show.

“Sometimes someone needs to do something really egregious, like if they went so far as to harass someone, or people by and large can’t work with that person,” she added. “In the cases where it’s not so obvious, it’s harder.”

It’s important to establish your culture, but it can’t become too rigid, said Tsai, especially in large, diverse organizations. “Our company is much bigger, so people don’t get along all of the time, and that’s fine as long as they can work together,” she said.

When the time comes, “be transparent about why the termination is happening,” said Tsai. “If you did things right, it shouldn’t be a surprise to the person.”

It’s not personal, it’s just business. — Sean Percival

Percival said he had “very little preparation or advice” before he separated an employee. “I leaned on my boss at the time but mostly to ensure we were compliant and reducing our liability. Since we had previously given the employee a written warning, the issues were already well documented,” he said.

“In the actual meeting where you break the news, sometimes it’s a good idea to have another person present,” said Tsai, who recommended tapping another co-founder or senior employee. “A lot of this depends on the relationship with the person, or what are the grounds for termination, or if you think the termination is not going to go over well,” she added.

To prepare for his first firing, “I thought of the key talking points that I wanted to make and wrote it out,” said Appleby. “I actually went home and was by myself for an hour thinking about what I was going to say, trying to be as clear and concise as possible – to give them a sense of why.”

Once you’re in the room, “keep it really short,” he advised. “Don’t talk too much, just get right to the point. Let them ask questions if they have them.” Ignore popular convention and “don’t do it on a Friday, so you can see if the morale of the team is ok and people can get their questions answered,” said Appleby.

“Over time and many more firings I learned to not make it emotiona,” said Percival. “It sounds bad, but you need to approach it like a machine; say as a little as possible, and stick to the absolute facts.”

Even though most startups are too small to have a dedicated HR role, founders can still step up and become effective managers, Tsai said.

“It’s prudent to address stuff right away, but especially on a smaller team, you have to act faster,” she advised. “In small companies, where founders and CEOS are wearing a lot of different hats, it varies on how people handle it.”

Instead of a formal review process, find organic ways to stay connected to your employees, said Tsai. “If there’s some basic reporting structure, it’s worth doing individual meetings, and they don’t have to be heavy-handed,” she said. “It’s just a time to check in individually.”

No matter how chill you think your office is, Tsai said private meetings will reveal hidden issues: “If you’re talking one on one, they may feel more comfortable there than bringing things up in a group setting.”

“A lot of founders tell themselves that they don’t need to be working on their team, since it’s too small, or they have a launch coming up,” said Tsai, “but you can set it up to be less bureaucratic and set the stage early on to show you do care about your people.”

Many startups don’t start working on internal communication until they’ve matured, which is a mistake, she said. “It’s much harder to insert that in later if you’re not used to it, so it’s a good exercise to start from the beginning,” said Tsai.

“The founders will set the tone for the company, and that starts on Day One.”

How to Talk About Revenue — What VCs Really Look For

Revenue. It’s the most important factor to any business, but it’s also a catch-all word that can mean almost anything. We all want to talk about big revenue numbers, but in the land of REVs all sales are not the same, and understanding what $-related metrics are relevant for your business is essential.

Instead of getting lost in semantics, let’s embrace the nuance and define what Revenue /ˈrevəˌn(y)o͞o/ really means.

GMV / GTV

So ‘revenue’ means any money my company touches, right? Wrong. Many companies facilitate transactions and channel money through their platforms which is NOT Revenue. They may very well be part of a transaction with your consumer, but that doesn’t necessarily justify them as Revenue to your company.

Instead, such transactions are defined as Gross Merchandise Value (GMV) or Gross Transaction Value (GTV), and refers to the total sales volume transacting through the platform. It is basically the aggregate spend by the company’s users during a defined time-period.

This is frequently seen in marketplaces like Airbnb, where GMV is the booking price paid by the users, while Revenue is Airbnb’s commission on the transaction. For payment platforms like iZettle, GTV means total money processed, and Revenue is rather is the single digit percentage points collected by the company. Needless to say, don’t be a n00b and mistake your GMV or GTV as your Revenue!

MRR & ARR

Recurring Revenue is a business model which involves selling someone access to a product over time – you see this frequently used in software sales. This metric is attractive by the financial market because it involves predictability and to some extent stickiness.

Recurring Revenue is often referenced against time frames. Monthly Recurring Revenue (MRR) is your total REVs during a month, and Annual Recurring Revenue (ARR) is simply your MRR multiplied by 12. However, all companies does not have Recurring Revenue. Companies who don’t operate with a recurring nature of their revenue instead have “Monthly Sales” or “Monthly Revenue”. Uber’s REVs from their ride-sharing business is not MRR, since each trip is purchased in a non-recurring nature (although many of us use their service frequently enough to question the non-recurring nature of it…). Great companies can be built using recurring and non-recurring REVs. Hence don’t refer to your monthly revenue as MRR unless your business model truly justifies this.

New, Expansion, Downgrades & Cancelled MRR

If you operate a business with Recurring Revenue, it’s critical for you to understand and break down the nature of such REVs. The natural way to look at your aggregated MRR is to separate this into New, Expansion, Downgrade and Cancelled MRR. New MRR is additional MRR from new clients who you haven’t done business with before. Expansion MRR is additional MRR from existing customers often triggered by upgrades. Downgrade MRR is the opposite of Expansion MRR with existing customers spending less money with you this month compared to before. And lastly Cancelled MRR is existing customers who stopped using your services during this month. We naturally like businesses which has a lot of New and Expansion Revenue.

Contract Value (TCV & ACV)

When a company closes a large sale, especially in enterprise environments, there is often a contract duration to the transaction. Total Contract Value (TCV) is the total value of such contract, meaning the total money the client will spend with your company during its duration. Annual Contract Value (ACV) instead measures the total money they commit to spending with your company over a 12-months period, in case the expected client engagement exceeds 12 months.

Even if you closed a sale and in the same month collected the full TCV, you most often most likely should not account for all such Revenue in the same month.

Instead with Contract Values and durations, accounting principles becomes highly relevant. Often this means recognising Revenue on a monthly basis. Exactly how and when Revenue is recognized is regulated by official accounting standards (GAAP in the US & IFRS in Europe). But in, short Contract Value and collected $ isn’t REVs.

Net Revenue & Gross Margin

To determine the health of your business you should also not look purely at your Revenue. Instead also you have to understand your Net Revenue and Gross Margins. Net Revenue is the actual money remaning after you deducting the cost of selling such products from your (Gross) Revenue. This is mostly applicable for ecommerce companies where your Net Revenue often involves deducting costs associated with discounts and returns.

Gross Margin is the percentage of total sales that the company retains after deducting costs of goods and services associated with producing the items sold. It is calculated by taking Revenue minus its cost of goods sold, divided by Revenue. The higher the percentage, the more the company retains on each dollar it makes. Many software business experience high Gross Margins around 70-90%, while ecommerce companies often experience significantly lower gross margins in the 20-40% range because of the relative low margins they have on the products they sell. Hence, depending on the company ratio between (Gross) Revenue, Net Revenue and Gross Margin the same Revenue amount can mean very different things.

Revenue is important. It’s not about knowing the right metrics to talk to VCs about, it’s about understanding your business.

If successful, you may not even need external funding to pursue your dream. But even if you plan on raising external capital, the key here is to get REVs.

For more from Carl, follow him on Twitter @fritjofsson.

Announcing Distro Dojo Malaysia 2016

Growth marketing is about to blow up Southeast Asia — again.

IMG_4046 (1)500 Distro’s 10 week Distro Dojo growth program for post-seed companies is now accepting applications for the Spring 2016 cohort in Kuala Lumpur, from March 1 through May 15.

Startup life in Southeast Asia isn’t all just coconuts and laksa.

Technology adoption is exploding in Southeast Asia — at a rate that eclipses the (seemingly rapid) changes mature Western markets are logging.

Customer needs — and the channels to reach them — adapt fast, which makes rapid and innovative growth marketing experimentation extra critical for Southeast Asia’s startups.

Our fall cohort brought in 7 companies from Malaysia, Singapore and Indonesia to work hard on growth optimization and scale, under the guidance of the 500 Distro team and local mentors, including pros from Facebook, Google and Freelancer.com.

Real growth is a process that can’t — and shouldn’t — be confined to a 10-week bootcamp.

But, intensive sprints, with access to master practitioners, DO set companies up with the virtuous cycle of growth experimentation and optimization that they’ll need as they grow (even) more.

Below a few wins from our inaugural Distro Dojo in Southeast Asia, in partnership with MaGIC who generously provide space and facilities at their Cyberjaya campus, and help support operations.

magic-logo

At the end of this post, you’ll find more details on how to apply. 

GrabTaxi is Southeast Asia’s fastest growing taxi and private car booking app, and is the region’s unicorn with their $250M Series D round.

Though already a high-growth, later-stage company, GrabTaxi used their time in the Distro Dojo to improve paid-acquisition and optimizing unit economics, and ended the program with 36% MoM new user growth in Malaysia alone.

bukalapak

Bukalapak is an Indonesia-based online consumer-to-consumer marketplace with over $80M in transactions during 2014, mainly in fashion, gadgets and hobbies

35% of Indonesia (with it total population of 250 million people) does its purchasing via smartphones. Bukalapak has created a multi-platform, multi-vertical e-commerce experience specifically designed to win in this market.

As part of the Dojo, Bukalapak received hands-on product and new user acquisition help and logged a 33% increase in on-site conversions, 66% increase in new app installs while simultaneously reducing CPA by 58%.

Kitabisa

Kitabisa is a fundraising platform for social causes, and is Indonesia’s first platform connecting causes with transacting donors online.

The company grew their campaigner user base grew by 10X by the end of the program.

kfit

KFit is a mobile app that provides access to fitness studios in 6 cities across Asia Pacific: Kuala Lumpur, Singapore, Taiwan, Hong Kong, Melbourne and Sydney, with plans of expanding to 20 cities in the next 18 months.

During the Dojo, KFit focused on their customer acquisition and reduced their cost-per-install by 70%.

monkimun

Monkimun is a language learning platform for kids, with good traction at over 1M users.

Monkimum worked on increasing engagement and retention of their user base and ended the program with a 68.5% increase in retention and 100% increase in in-app engagement metrics as a results of a relentless pace of product and UX optimizations, other later-funnel growth optimizations, and off-app support through email.

Next academy

Next Academy is a coding school focused on freelancers and entrepreneurs in Southeast Asia.

By focusing on operationalizing their customer acquisition, including experiments with offline growth techniques, Next Academy were able to 2X revenue in 10 weeks.

shoppr

Shoppr is a personalized fashion discovery and purchase app with strong tie-ins to regional fashion bloggers and influencers, and one-click from browse to purchase.

The company focused on  retention and engagement techniques during the Distro Dojo, and were able to grow their weekly active users by 50% week-over-week consistently while also growing in-app engagement at a steady rate of 15%.

Here more about the Dojo experience.

APPLY

If you’re a post-seed, pre-A startup with proven product-market fit, ability and desire to strongly prioritize growth during the full 10 week program, and are focused on the ASEAN region, apply here:

http://accelerator.mymagic.my/en/distrodojo/

 

Kuala Lumpur Skyline photo: CFI