Our Founder Institute journey
This summer our founder, Li Chao, has joined the Founder Institute, which is a highly selective US incubatition program that helps entrepreneurs launch meaningful and enduring technology companies.
Through the 3 months program, around 30 proven entrepreneur and investors come and give lectures of startup in a very systematic and comprehensive way. It was like an MBA that quickly equipped a first-time CEO with all the best practice from idea positioning, validation, marketing, all the way to legal and financing and fundraising.
The program is also very tough, which is as expected because startup has to be fast paced. Along the way more than 50% founders drop out. Some of them can not catch up with the tight schedule, and some of them realize that their idea is not ready.
Graduating from Founder Institute together with all the strong founders is exciting. This experience will definitely help kanyangfang.com grow faster and make Chinese life easier when they buy overseas houses.