I feel like this post might lead one of them to think of suing me.
this might just be the ONLY way to do your hypothetical idea.
if you're in Disney's accelerator, I'm sure that comes with better access to their copyrights.
> Each participating team will receive:
> $120,000 in investment capital
> Access to stories, characters, resources and relationships from across The Walt Disney Company, such as The Walt Disney Studios, Disney Animation, Pixar, Marvel, Lucasfilm, ESPN, ABC, Walt Disney Parks and Resorts, Disney Consumer Products, and Disney Interactive
The accelerator is mostly on the technical side of Disney, such as apps for automatizing the detection of copyright violations.
As an LA native (it made the radio news here on Wednesday), I'm very curious where in the Los Angeles area this is.
Santa Monica/Venice is the startup juggernaut of this area, but media startups tend to run farther afield and I don't know if Disney even has any offices there (maybe ESPN?). I would think, given the realities of the startup world, advisors and investors in particular, not to mention LA traffic, it would have to be on the Westside, right?
Also extremely curious how the IP access works out. Time from, say, a Disney Consumer Products artist to create new art is a big deal (and not cheap). And could DA companies put Disney characters in the iPhone app they're going to sell or is this just to make an effective demo?
However, I have to think that Techstars, of anyone, has the data to back up the arguments in favor of accelerators being located near a region's startup ground zero.
Even if Disney was insistent, what would the first advice be from every advisor? Put the central location on the Westside or you're a B player.
And I don't think Disney would necessarily be insistent. For example, Grantland's offices are off on their own in downtown LA. Especially since they can just do a deal with one of the many tech office spaces that operate on the Westside.
Still, perhaps there can be a compromise, like two demo days (one in the studio area, one on the Westside). But I've seen the Westside win too many times to hold out much hope...
Forcing people to work out of the most congested and expensive parts of LA is going to compound the misery. Why anyone thinks it's a good idea to base themselves West of the 405 is beyond me.
I sincerely hope they base this out of Burbank/Glendale which gives ready accessibility to Pasadena, East LA, Hollywood and further North without commute hell.
But because the mentorship and IP access might be very interesting for us.
This is the first accelerator that caught my CEO attention (he for example have no intention of joining Y-Combinator)
EDIT: Why the downvote? :(
Who are the mentors?
> Robert A. Iger; Chairman and Chief Executive Officer, The Walt Disney Company
How many times a week can you visit him? How many times a week can any of the teams visit him?
I guess the fist half of the list is there only for politic reasons, and the real list of mentors begins at "Friends of Disney"
It's interesting to see such a broad list of execs. I'm guessing not all are super excited about this (due to 100% participation), but I think the majority would be engaged.
I would add that you probably would not want to visit more than weekly - I work at a big tech company and the CEO (who is famously hands on and detail oriented) and SVPs only meet with key projects 1-2x/month tops.
The problem is that Disney is missing the Silicon Valley style work culture and dynamism. Instead it has too many "pedestrian" positions, as you said, which means things get done slowly. I wish it took a page from internet companies (fewer, smarter generalists).
Looks like its $18k cash and $100k convertible.
A huge disappointment & strategic error. This thinking is LIke founding a company based on another company's API. Look at people that bet on twitter that way. Fools game, really. after all, Hollywood
But seriously, the potential access to Disney IP is awesome - I wonder how they will structure that.
I don't want any money, I just want to see that movie in a theater with my kids.