blackbox

blackbox

Description

What is blackbox?

Vision: Accelerate the pace of innovation around the world by making entrepreneurship more of a science
Mission:  Increase the success rate of startups in a scalable way

Company Background

blackbox was founded in mid December 2010 by Bjoern Lasse Herrmann, Max Marmer, Fadi Bishara and Aleksandra Markova. Inspired by the global explosion of startups contrasted with their very high failure rates, they decided to find a scalable way to accelerate startups.

The company has two core entities: blackbox labs and the startup genome.
blackbox labs is an accelerator and community for entrepreneurs located at blackbox mansion. The startup genome is an R&D project uncovering the mechanics of startups.

blackbox evolved out of four organizations techVenture, Cofounder Network, Founders First and Startup School. Those have a combined trackrecord of having worked with 100+ companies, 76 funded, 16 exits (including Bebo, Tapulous, Lala, Zynga).

blackbox mansion is currently home to 14 technology entrepreneurs. In the last 6 months 30+ events with selected entrepreneurs and investors have taken place at blackbox mansion.

blackbox has partnered with 30+ seed accelerators & early stage investors from around the globe.

blackbox’s portfolio is made up of approximately 80% internet startups and 20% in emerging technologies.

The startup genome project launched in February and released its first report on Saturday, May 28th. The research was conducted in collaboration with Stanford and Berkley faculty members.

Advisors of blackbox include Saad Khan, Steve Blank and Daniel Kraft.

Location

ADVANCE Conferenceblackbox