Startup Ecosystem Development
Most organizations in the ecosystem have a similar base process, that begins at some stage in the startups lifetime journey from an idea to a successful growth company and ends at another stage of the journey. Between that time the organizations function is to assist the development of the startups growth.
Different organizations and individuals operate and contribute at different stages. With some organizations there can be clear change from one stage to stage, and in many cases there are also overlapping processes for different stages of the startups development.
Startup Commons has created a technology infrastructure, that ties in the ecosystem and catalyzes connectivity for startups and stakeholders.
Shared Purpose & Shared Technology
By using the same infrastructure a startup can easily be part of multiple networks and organizations activities with single profile. All users sign in and move between different networks using a single profile they maintain and keep up to date and where the profile itself is updated based on the activities they have participated in. Access to this information depends on granted access rights and the profile owners own decisions and actions to share information.
In the beginning customers may enter and remain in any of the networks, but along with positive progress they can and most likely will become part of other networks as part of their continuing journey. As networks operate on top of same infrastructure where the users act with single profiles the information flow can be made effortless.
The core strengths of the technology infrastructure are based on holistic ecosystem thinking, design and development, where each of the users and organizations have their own role and need to manage their own presence, processes and activities as part of the bigger ecosystem and lifetime thinking of a startup as it interacts with multiple organization, processes and people during their growth journey.
The core value comes as a result of each users and organizations ability to contribute information easily as part of their normal operations and interactions with each others and in return gain up to date information from startups and entire ecosystem instead of just based on own activities and information.
By being part of the ecosystem, it’s easier to attract relevant members to join the organizations network and processes, similar to real life, a single user can have multiple roles; ie they can be investors, advisors or entrepreneur, or all at the same time, if that is what they are. But at the same time a single user can as well have one small, but crucial role in single network.