We invest in builders who are just getting started.
$70,000 investment and mentorship over 12 weeks.
Join over 100+ founders we've invested in!
Funding and mentorship for early stage startups
Each startup we accept will receive $70,000 in immediate funding, in return for 2% equity. We spend 12 weeks working on the fundamentals of early-stage startups, such as Product/Market Fit and pitching to investors.
We invest in builders who are just getting started.
We are often the first to believe and invest in the founders in our program. We look for teams that can build products, talk to customers and adapt quickly.
XX focuses on the fundamentals of startups.
We are a team that originally started out of Wefunder in 2018. XX is now a live fund that runs multiple programs every year. Our goal is to invest in 20,000 early stage startups over the next decade. While we still have a ways to go, we have backed 40+ companies in our first two years - helping startups launch, fundraise and join other programs like Y Combinator.
We're a team of startup veterans, including fellow founders, investors and YC alumni.
12-week mentorship program in San Francisco
We modeled our program after Y Combinator's early days. The cohort will be small -- no more than 10 companies -- in order to cultivate a tight knit founder community. You'll hone your product, refine your pitch and iterate at lightning speed... with ongoing support from us and your XX peers. We also have a feeling you'll make a lifelong friend or two.
Our program is structured around weekly group show & tells, one-on-one office hours with mentors and in-person fireside chat dinners.
Fireside chat with founders
We host weekly fireside chat dinners with accomplished founders (sometimes breakfast with Airbnb's CTO) about the highs & lows.
Small and intimate cohort
Meet with your small cohort of founders who'll inspire and push you to be the best version of yourself. You'll find your crew for life.
Learn from the pros
Every week, you'll be introduced to experts in sales, customer development, product market fit and more.
What founders say about us
"XX was the best thing that could have happened to us as early stage founders. They provided us with extremely relevant advice, a strong and robust network in Silicon Valley and a community of friends that cheered us on when things went well and supported us when we hit low points. The program was a major reason why we got into YC and some of the people we met at XX became our earliest investors and closest advisors. The whole team and everyone involved combine the rare feat of both being extremely accomplished and among the friendliest and most supportive people we have met."
"XX transformed our startup by 10X-ing us as founders. We learned to be relentlessly iterative in finding product market fit and the weekly office hours were crucial to bringing an intentional focus and clarity to challenges, both knowns and unknowns. Most importantly, we found our people - genuine, salt of the earth, impact-driven founders who've also built tremendously successful companies. They shared the greats but also the bad and the ugly. Our mentors humanized the startup journey and continue to inspire us in expanding what we believe to be possible. We found a lifetime of people on our side through XX and would recommend it in a heartbeat.
Previous Speakers & XX Mentors
Tracy Young (Plangrid)
Nate Blecharczyk (Airbnb)
Justin Kan (Twitch)
Bill Clerico (WePay)
John Waldeisen (Lucira Health)
Erica Johnson (Modern Health)
Ricky Yean (Flow Club)
Immad Akhund (Mercury)
Paul Sawaya (Human Interest)
Laks Srini (Zero Down)
Nish Bhat (Color Genomics)
Nicky Goulimis (Nova Credit)
Jon Dishotsky (Starcity)
Julia Collins (Planet FWD)
and 100+ more!
Apply to XX's
Early applications will have better odds, as we'll have more time to review them. You can also attach your Y Combinator application instead if you have one filled out already.
What's the format like?
Almost all your time will be spent talking to users, building your product and staying healthy. That's why our program is designed to cut out anything that's unnecessary. Your typical week will consist of:
1) Lead Mentor Meeting: Weekly meeting to work through current priorities,
2) Specialty Mentors: On-demand meetings with our network of advisors,
3) Show & Tell: Group presentation and discussion with fellow startup founders,
4) Guest Speakers: Focused workshops or fireside chats with experienced founders, and
5) Founder Therapy: Dedicated space for small groups of founders to chat about life
What % of my company will you take?
We invest $70,000 for 2% equity. You have the option to withdraw from the program if you find that we do not provide value and fire us.
Why only 10 startups?
We like a family vibe, not a startup factory vibe. We select a select group of founders so that our office hours and fireside chats are effective and intimate.
What if I live outside of the US?
That's fine as long as you can work in SF for 12 weeks. We also ask all startups we accept to incorporate in the US. We've invested in companies from Nigeria, South Africa, Germany, Canada and more.
Is the cohort in person?
Yes, XX will host weekly outdoor fireside chats and group show & tells in person. Individual office hours with mentors will be over Zoom. We understand the risk and will make sure that you are getting tested weekly and vaccinated as soon as possible (if not already).
How will you make sure the program’s run safely?
At the beginning of the program, we’ll ask that you move to San Francisco and quarantine for a week. We’ll provide you with guidelines for getting tested weekly. We will also help you get vaccinated as soon as possible (if you’re not vaccinated already).
I’m not sure I’m ready. What should I do?
We encourage you to apply anyway! We’ve accepted founders with just ideas who immediately got accepted into Y Combinator after.
Do I need a technical cofounder?
For this cohort, startups with a technical cofounder will have more leverage. We expect founders to be talking to users and building fast throughout the 12 weeks and that’s difficult without a technical cofounder. We’ll sometimes make exceptions.
How much will this cost me?
It costs nothing. We provide $70,000 in investment so you can focus on building your startup.
This program is awesome and I want to be involved as an advisor.
Awesome - we've been looking for you too. If you'd like to be involved, email firstname.lastname@example.org.
When you're starting something new, you just need one person who believes in you. They show you they care and believe in you by sharing their time and attention. This person makes you think that you're capable of anything you've set out to do. This is what I want XX to be.
When I look back on my career, I remember the first investors that believed in me. Who not only invested their money, but their time and wisdom. They made me who I am today. (Thank you, Bill!) I believe thousands more founders could start great companies, if only they are given a small nudge at the right time, from the right person. That's what I want to do with my life.
I can’t imagine doing something more fun and interesting than XX. It is a selfish opportunity to become friends with some of the most formidable people out there and play a small role in their lives. XX is the biggest privilege of my life.
My first startup was made possible with the help of great mentors around me. From founding the company to exiting, I was supported and inspired by people who wanted to see me succeed. For me, this is what the startup community is all about. It's certainly what XX is about -- and it's allowed us to invest in great companies founded by even better people.
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