Colosseum's Venture Fund: Investing in Solana Startups and Building a Co-Founder Matching Platform

A conversation with Matty, co-founder of Colosseum, the premier Solana ecosystem accelerator and hackathons.

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Summary

Colosseum recently wrapped up its first accelerator program, which followed its online hackathon. The accelerator program is a six-week online program that helps teams push towards a mainnet release and provides support in technical and non-technical areas. Colosseum also recently closed a $60 million venture fund and invests $250,000 in each startup that goes through its accelerator program. The teams in the accelerator program have received feedback on various aspects, including legal and entity structure, team composition, and early customer communication. Colosseum aims to evaluate teams based on their ability to ship quickly and efficiently.

Colosseum is focused on supporting the Solana ecosystem by providing funding, mentorship, and resources to early-stage projects. They run hackathons to identify talented teams and provide them with pre-seed funding and support. The accelerator program helps teams refine their ideas and secure additional funding. Colosseum also plays a role in educating and convincing later-stage funds to invest in the Solana ecosystem. They are working on building a co-founder matching platform to help teams find the right partners. The next hackathon is scheduled for September 2nd to October 8th.

Takeaways

• Colosseum combines online hackathons and accelerator programs to support Solana ecosystem startups.
• The accelerator program helps teams push towards a mainnet release and provides support in technical and non-technical areas.
• Colosseum invests $250,000 in each startup that goes through its accelerator program.
• Teams in the accelerator program receive feedback on legal and entity structure, team composition, and early customer communication.
• Colosseum evaluates teams based on their ability to ship quickly and efficiently. Colosseum provides funding, mentorship, and resources to early-stage projects in the Solana ecosystem.
• They run hackathons to identify talented teams and provide them with pre-seed funding and support.
• The accelerator program helps teams refine their ideas and secure additional funding.
• Colosseum plays a role in educating and convincing later-stage funds to invest in the Solana ecosystem.
• They are working on building a co-founder matching platform to help teams find the right partners.
• The next hackathon is scheduled for September 2nd to October 8th.

Find Matty and Colosseum online

• Follow Matty on twitter - @mattytay
• Follow Colosseum on twitter - @ColosseumOrg
• Colosseum's website - Colosseum.org