Come build your company with LA's best and brightest who are also interested in building a start up.
What actually happens at an Semantic Seed event?
About 1/3 of your communities brightest will have 60 seconds (up to 90 for smaller events) to present ideas for new startup ventures, we then crowd source the favorites and form teams around those ideas. Teams are between 4-10 people, and consist of about 50% technical people and 50% non-technical. You then spend the entire weekend getting advice from professional mentors, and building a proof of concept, demo, or sometimes even a finished product.
Most ideas are web & tech focused, but almost any new business needs a web, marketing, and business strategy regardless if it is tech centric.
About anyone who considers themselves an entrepreneur or wants to be one The primary demographic is working professionals age 25-45 (but we are open to younger participants for sure)
- About 50% have a technical background – Developers / Designers / CTOs / Computer Science types
- About 50% have a non-technical background – Business / Marketing / Lawyers / Investors / VCs/ Social Media
What do Attendees Get?
Co-Founder Dating - Come find other like-minded people. This is probably the most valuable type of networking you could ever do if you want to start a business.
Education – Spend a weekend with some of your community’s brightest and most creative minds. Learn a new programming language, what MVP stands for, how to build an actual strategy, get feedback, and actually create & test something rather than just theorizing.
Learn How to Launch – This is the epitome of LeanStartup methodology at its finest. Go from idea to launch. You have 54 hours to figure out everything from the mission, your target market, go-to market strategies, to giving a full presentation of a hopefully working prototype and validation (or non-validation) of concept to your peers.
Actually Launch a Business – Over 36% of the Startups are still alive after 3 months. Sometimes a company emerges, sometimes one doesn’t. Over 10% of companies go on to produce revenue or get seed funding, but every time people leave with more experience, insight, knowledge, friends, and resources than they came with.
Food – 5 meals and drinks are provided during the weekend. Including plenty of caffeine. We understand the importance of keeping teams together, and helping them be more productive.
When & Where
Semantic Seed was established in 2008 by the founders of Urban Technology Ventures and Breakthrough Ventures who at the time saw an opportunity to aid first time entrepreneurs struggling to find funding from angel investors and venture capitalist to hatch ideas. Semantic Seed is a special kind of "hybrid" of co-working and idea acceleration that cares more about helping “Smart, and Good People” than your resume credentials and your business plan.
The Labs mission is to become a catalyst for early stage companies to graduate into venture capital ready companies. Start-ups and entrepreneurs can capitalize on the experience, skills and networks that Semantic Seed can provide to streamline development and accelerate commercialization of ideas.