Explainer Video - Jumpstart Foundry
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jumpstart foundry Final take. For decades, investors have turned early stage companies to generate outsized returns. But the traditional model of venture capital's unpredictable and filled with inefficiency, taking $8 million in six years before investors know if a startup will create value. Unfortunately, 70% of the time the company fails, destroying value for investors in wasting years of hard work by entrepreneurs at Jumpstart Foundry, we want to do better. Jumpstart has studied the causes of failure and over 300 healthcare startups in multiple VC funds, and we've discovered the five reasons that lead to over 85% of start of failures. Namely, the market is not ready for the solution. The product fails to fit into existing customer work flows, crippling adoption. The company doesn't have enough capital to sustain through market validation. There are no processes to drive growth and teams splinter in the face of company growth. The traditional V C model only exacerbates these problems. Jumpstart foundry is a different kind of investment platform. We know why companies fail and we've built an innovation engine designed to mitigate or eliminate these problems altogether. We start with the problem because jumpstart is based in Nashville, where uniquely positioned to understand our customers key challenges. With hundreds of healthcare companies headquartered here and over half of the city's economy devoted to providing care to people across the country, Nashville is the home of healthcare. When the heads of powerful healthcare companies have a strategic problem they need solved, they turn to us as friends, neighbors and trusted advisors. Each year, jumpstart foundry documents 30 to 60 market opportunities that are top of mind for the established health care industry, with N Recruit across the country to find world class teams to build the products. To solve these problems, we bring the best 15 to 20 healthcare startups to Nashville for our leading 14 week program. During this time, we helped launch these companies products as pilots grow sales and revenue engines and create repeatable, scalable businesses. At the culmination of the program, jump starts batch of companies launches into the market at Health further Nashville's Premiere Healthcare Innovation Conference. This event gives the new jumpstart companies immediate credibility with many of the decision makers in the health care industry and dramatically accelerates their growth trajectory. The result of this process jumpstart foundry mitigates risk and predictably, generates value for investors, entrepreneurs and the health care industry. By starting with the problem finding the best teams, co developing products with the customer and creating reliable growth engines, Jumpstart builds companies in half the time, with less than 1/4 of the money compared with the traditional VC process. Sound good? We think so, too. Now let's make something better together. Learn how to invest in jumpstart foundry.