Who is the founder of venture capital?

Georges Doriot , the "father of venture capitalism", along with Ralph Flanders and Karl Compton (former president of MIT) founded ARDC in 1946 to encourage private-sector investment in businesses run by soldiers returning from World War II.

What is the founder team of a venture?

The ideal founding team should encompass product and commercial founders with complementary skills . Product founders bring their technical knowledge and innovation to develop the product, while commercial founders bring the business acumen and typically industry knowledge to the table.

What is the difference between a founder and an investor?

A founder lives through all the ups and downs of the company. For a founder, the teammates are more than colleagues, they are part of the family. For an investor it is different: An investor invests money into the startup and often helps in an advisory role .

Who is the father of venture capital?

Georges Doriot , French immigrant, WWII hero, Dean of the Harvard Business School and innovator, is known as “the father of venture capital.” While his firm was based out of Boston, many of his first investments, the investments that made modern venture capitalism a possibility and later a reality, were start-up ...

Who is the founder of Venture Corporation?

Wong Ngit Liong (born November 1941) is the Executive Chairman of Venture Corporation which he founded in 1984.

Can a VC fire a founder?

If the VC is an investor in the company, owns a substantial percentage of the company's stock, serves on the Board of Directors, and can align other board members such that they represent more than 50% of the voting stock then yes, they can fire a founder .

What do VCs look for in founders?

Venture Capitalists highly value prior industry experience in Founders they choose to back for several reasons. Industry experience equips Founders with a deep understanding of market needs, customer pain points, and the competitive landscape, enabling them to better navigate complexities and opportunities.

How much equity to give a co-founder?

Equity allocation to co-founding team members should reflect a reward for the value they're expected to contribute. If the expected contributions are fairly equal, then the initial equity should be allocated relatively equally (for example, 51% and 49%) .

Who was the first venture capital in the world?

It was not until after World War II that what is considered today to be true private equity investments began to emerge marked by the founding of the first two venture capital firms in 1946: American Research and Development Corporation (ARDC) and J.H. Whitney & Company .

Who are the pioneers of venture capital?

The first modern VC firm was formed in 1946 – American Research and Development Corporation (ARDC) – by MIT president Karl Compton, Massachusetts Investors Trust chairman Merrill Griswold, Federal Reserve Bank of Boston president Ralph Flanders, and Harvard Business School professor General Georges F. Doriot.

Who founded Venture for America?

Andrew Yang Venture for America / Founder

Who is the CEO of venture company?

Mr Lee Ghai Keen is Chief Executive Officer…

Venture Founder | entrepreneurship@UBC (2024)

Transform your invention into impact through Venture Founder.

Venture Founder supports UBC’s community of faculty, students and postdoctoral fellows who want to build transformative ventures, based on innovative solutions to critical and often global problems. Take your invention to the next level of global impact with an approach that recognizes that every venture-building journey is unique based on industry, team expertise and market opportunity. Venture Founder is here to help you validate the foundation of your startup and begin to build traction in your venture’s industry ecosystem.

Our methodology embodies critical, user-centric thinking and time-tested creative problem solving techniques that help us meet venture teams where they are in their journey. At the heart of our venture-centric thinking is our made at UBC, for UBC ventures 4Ts Venture Playbook, which provides you, your venture team members, and our advisory community with an objective, goal-based framework, ensuring that accountability, equity, diversity and inclusion are at the heart of our engagement with you.

Interested?
Our applications are typically open in April for our Fall program, and in November for our Spring program. If you are interested to be notified when applications are open, please join our waitlist.

Join our Waitlist

How it works

In Venture Founder you will work directly with experienced startup entrepreneurs and experts from entrepreneurship@UBC’s Mentor Network of over 250 members. Mentors will encourage you to push the boundaries of your thinking and help ensure you have the necessary building blocks of your venture opportunity rooted in a strong foundation, preparing you for operationalizing your venture. Here, you will have the opportunity to build your team’s capacity in leadership, management and business skills. As part of a Venture Founder team, you will work, with support from your mentors, to define and validate your venture opportunity through 16 weeks of experiential workshops covering fundamental and operational topics such as, but not limited to:

Defining your venture business model and crafting a compelling story
Refining your value proposition(s), including defining initial market segments and the customer buying process)
Estimating the market potential by using top-down and bottom-up market sizing methodologies
Developing and practicing effective hypothesis testing techniques
Building the core ingredients and fluency in financial literacy
Learning the basics for team building, branding and marketing, and storytelling

The 4 Ts Venture Playbook

The 4 Ts Venture Playbook is a made by UBC for UBC founders, that focuses on building and developing the critical elements of a successful startup: Team, Technology, Traction and Treasury. Recognizing that each venture journey is unique, the 4Ts Playbook is designed to help Venture Founders and entrepreneurship@UBC to map their unique venture journey, supporting founders with a wealth of knowledge, experts and networks. With the 4 Ts Playbook, entrepreneurship@UBC’s goal is to help venture founders evolve as entrepreneurial leaders and grow transformative, impactful and sustainable companies.

Code of Conduct

Our Venture Code of Conduct illustrates the core expectations we have for ourselves and for every venture within our Venture Programs.

Venture Founder Eligibility

entrepreneurship@UBC strongly recommends that a team of at least two participants apply to join Venture Founder to pursue a start-up opportunity, due to the intensity of the Venture Founder process. Solo founders will be considered on a case-by-case basis.
At a minimum, one member of the applicant team should have one of the following affiliations:
1. A UBC Faculty member, whether research faculty, clinical faculty, teaching faculty or a visiting scholar
2. A UBC Graduate Student (Masters or PhD) pursuing a thesis research project under the supervision of a UBC faculty member
3. A UBC Postdoctoral Fellow
4. A UBC Staff Member, whether research staff, lecturer, or administrative staff
5. A member of the public collaborating with any one of (a) - (d).
6. A UBC undergraduate or graduate student who will be the key applicant and one of the co-founders of the venture.
Your start-up opportunity should be based on a UBC Invention, unless you are a current undergraduate or graduate student (per above).

Not sure if your venture qualifies as a UBC Invention? Check out this resource to help you assess. If you’re still uncertain, please submit your request to apply (per below) and we’ll meet with you to discuss it.