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Projects

Founder Console

A practice in slow founding

Before the company, the question.

A mentoring practice where young founders bring early-stage ideas to be stress-tested, sharpened, and matured — before stepping into the founder seat.

Engagement

Six to twelve weeks

Format

Conversational, layered

For

Founders pre-cap-table

Outcome

A defensible thesis

I.

The brief

First-time founders rarely fail for lack of ambition — they fail for lack of perspective. They start building before they understand the market, hire before they understand the team they need, and raise before they understand what they’re really giving away.

Founder Console exists for the quiet months before incorporation, when an idea is still soft enough to be shaped. Most founders who come to us arrive with a thesis, a half-formed deck, and a long list of questions they didn’t know who to ask.

II.

The approach

We treat the pre-founding period as an exploration, not a sprint. Engagements run six to twelve weeks and move through layered conversations rather than checklists. Six explorations, each a chapter unto itself.

01 ——

Market analysis

Sizing the opportunity, mapping segmentation, identifying where the wedge actually is, who already occupies the space, and what’s genuinely defensible versus what only sounds defensible in a pitch.

TAM · SAM · SOM
Competitive cartography
Moats, real & imagined
02 ——

Technology posture

Build-versus-buy decisions, what’s truly novel in the proposed stack, and whether the technical bet is the right place for a founder to spend their reputation.

Architecture
Build vs. buy
Technical risk
03 ——

Team & pre-operatives

The cofounder question, the shape of the first five hires, equity splits before they calcify into resentment, and the unglamorous scaffolding — entity structure, IP assignment, vesting, founder agreements — that almost everyone sorts out too late.

Cofounder fit
Vesting & splits
Incorporation
04 ——

Projections & runway

Financial projections built bottom-up from real assumptions, not retrofitted to a target raise. Runway modelled honestly, with the scenarios a founder will actually be questioned on.

Bottom-up models
Burn & runway
Scenario planning
05 ——

Unit economics

The real test. CAC, LTV, payback period, contribution margin, gross margin trajectory. Every serious investor conversation eventually returns here, and a founder should be able to defend the math in their sleep.

CAC · LTV · Payback
Contribution margin
Cohort logic
06 ——

Fundraising literacy

How companies are actually structured. Cap tables over time. SAFEs and convertible notes, valuation caps and discounts, pre- and post-money mechanics, dilution across rounds, liquidation preferences — and what angels are really evaluating when they write the first cheque.

Cap tables
SAFEs & notes
Term sheets
Angel mechanics

A sharper thesis, a defensible model, and the vocabulary to sit across from investors as peers — not students.

Founders leave with a market they actually understand, numbers they can defend, and a clear-eyed view of the equity they’re about to issue. Some go on to start the company. Some decide not to — which we count as an equally good outcome.

The point was never to ship a company. It was to make sure the one they ship is the one worth shipping.

III.  ·  The outcome

Begin an engagement

If there’s an idea you haven’t yet had the right conversation about —

Request a first conversation

Engagements are limited. We take on a small cohort each quarter.