Pricing

These are the defaults. Every number is negotiable.

• New venture: 3% of the pie, dilutable. The studio's share sits in the venture's own pie alongside the members' shares and converts on the same terms at formation. For comparison, Founder Institute currently takes 2.5% as a non-dilutive warrant; our default is 3% and it dilutes.
• Venture that already exists when it joins: $3,000, payable in cash or in pie.
• Support during the accelerator: pie contributions. The studio earns pie contributions for the support it gives, valued like any member's work.
• Dashboard after the accelerator: $50/month. No venture's records are locked in: the full ledger exports at any time, and GovKit is open source and can be self-hosted.
• First cohort: terms are decided together during the agreements week, the final week of the accelerator.

The studio may invest in ventures and may provide need-based stipends to worker participants, based on available funding. When it invests cash, it invests at the venture's valuation like any investor.

Full definition of the model: workers.vc/what.