Changelog no. 4

Welcome to the next issue of the changelog. If you are new here, it’s where we breakdown what team KnowCap has been up to over the past week.

Since we are under NDAs with the startups that we invest in, we choose codenames for each company. As you can see, we’ve been busy.

Org

Ops

• We have been working to refine our process for onboarding founders and getting them set up within the Startup Engine process.
• Spent a lot of time on working up a Portoflio Data app for our founders. We want to have an automated monthly update program that will be able to port directly into our investor newsletter. This will allows us to transparently report data of our Atlanta ecosystem.
• Leap program is off to a great start. We have 12 Expert Operators within the network and have signed 7 founders to the program.
• Working on initiating press releases for the first time. We haven’t taken this step because we were not sure if we had enough traction (or impact) to date. Now that we have 10 founders in our portfolio, we feel we are in a better position to work with the press.
• Working on growing the business development team that works directly with founders.

Dealflow

• Evaluated four companies this week. We pushed two through the next round and moved one towards the Leap program (they weren’t ready just yet).
• A lot of work has been completed on the Startup Engine V1 update and building out the offboarding process for founders who graduate from our programs.

Monsoon

• Finished recruiting their CTO! We helped with the interview and operational process.

Cotton

• Received their brand questionnaire and process flow from the Founder Liaison team.

Creative Function

Monsoon

• Product design has been completed by UX team

Cotton

• Kicked off the branding process which is the first step in our Startup Engine process

Deep Sea

• Finished up with the brand guidelines and handed them over to the founding team

Kite Surf

• Moving along the creative process, we have been delayed because of scheduling conflicts, however, we are regaining our lost momentum in building out the brand and marketing channel strategy.

Technical Function

Deep Sea

• Work is progressing on the MVP. We have two companies still beta testing and looking to bring in a handful more over the coming weeks

Monsoon

• The current estimate for development and testing to be complete — and the current ship date for the product is Aug 24th.

Cotton

• First round of the product requirements for our engineering team has been completed. Now it’s time for an internal review before presenting it to a founder.

Paper

• We have two team members working on this project and eventually will have three more engineers helping build out the MVP over the course of this month.