![]() ![]() The product development process is no picnic. With MVP’s product development guidance, Finli successfully delivered its product in 4 months and was later accepted into TechStar accelerator, acquiring USD 2.5 million in their seed round. Success story: market success in under 4 monthsįinli, one of MVP Fastlane’s clients, is a consumer finance start-up based in the US. Their investment acumen won recognition with world-class investors, including Google co-founder Sergey Brin, Plug N Play Ventures, Mucker Capital. MVP Fastlane’s investment performs significantly better under a more precise and insight-based selection mechanism. ![]() Start-ups they target are those with high potential and high growth in the sectors of enterprise AI software, the future of retails, and smart IoT. MVP Fastlane’s profit model involves R&D fees, which are incurred when they guide product development and design. Close collaboration fosters trust between investors and start-ups, also allowing for timely troubleshooting. Start-ups receive follow-ups and further collaborate on product development with MVP Fastlane. After due diligence is carried out, start-ups receive about 20 to 50 thousand USD investment from MVP Fastlane. Possessing insider information meant higher efficiency and credibility compared to other venture funds.įor start-ups in the MVP Fastlane ecosystem, they receive three facets of support: pre-seed investment, product design and development, and global talent recruitment. Participating with startups also helps them better picture their financial health, which serves as a determinant of whether to continue investing. MVP Fastlane gets first-hand insights on whether the product is marketable by working closely with the startup team. MVP Fastlane offers the whole package of support for hand-picked startups, which serves as the most significant difference between MVP Fastlane and other incubators. An incubator that focuses on collaboration in product development Currently, MVP Fastlane incubates 5 to 6 startups at a time, some US-based and some Taiwan-based. Abundant resources and exceptional expertise has made MVP oversubscribed in 2020. ![]() Nick Wu is an investor in the Pasadena Angel Club, specializing in technical due diligence for startups in consumer hardware, semiconductor, and medical sectors. Jack Wu is a former Intel employee with over 30 successful startup projects and worldwide tech talent connections. Tiwen Lin possesses a master's degree in Electrical and Computer Engineering from UCLA, with 8+ years of experience in product development. The three founders of MVP Fastlane specialize in different functions of startup incubation. Photograph : Joseph Sohm via shutterstock MVP Fastlane anticipates to cultivate the atmosphere in Taiwan. Silicon Valley is vibrant with new ideas. ![]() Having good connections with Taiwan talents and American startups, MVP Fastlane looks forward to bridging demand and supply, cultivating Taiwan as a powerful startup talent trove. "Considering a stream of tech talents, it's strange how not one Taiwan-based software company could make it to NASDAQ," said Jack Wu. Having worked in Silicon Valley, the trio considered an innovative mindset and a complete startup ecosystem two critical success factors for aspiring startups. Together, they founded MVP Fastlane, an accelerator equipping startups with resources in need, including capital, product development guidance, and global talent recruitment. All three of them double as serial entrepreneurs and startup advisors. Jack Wu, Nick Wu, and Tiwen Lin are college buddies who share a vision of entrepreneurship. With a collaboration-based mindset, three Silicon Valley angel investors team up to help startups scale up, turn ideas into products, and recruit elite talents. ![]()
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