Geeks In The Woods is a startup accelerator focused on propelling the software ideas of Alaskan entrepreneurs into scalable web-based businesses.

3. 1. Double-trouble Twin Brothers - software and business
2. Babson College - #1 for Entrepreneurship
3. First $1M in revenue while juniors in college dorm room
4. Founded current software company 10 years ago
5. $70M annual revenue with 250+ employees
6. Want to help build tech companies in Alaska

4. Alaskans migrate most to States in PNW
Yearly gross migration with Alaska by state, 2000 to 2016

5. Lee and Lucas moved to Alaska two years ago in an
effort to explore new ways of working with a higher
quality of life and a regained sense of community.

7. Geeks In The Woods is a startup
accelerator focused on propelling the
software ideas of Alaskan entrepreneurs
into scalable web-based businesses

8. Invest and Accelerate
● Focus on investing in and building Software as a Service (SaaS) businesses.
● Accelerator approach allows each business the opportunity
to grow or fail independently.
● Unique bootstrapped approach enables
entrepreneurs to bring their SaaS
businesses from
0 (idea) to 1 (product/market fit).
● Lead by example, harnessing the
Founder’s mentality.

9. Unique Bootstrapped Approach
1. Software framework to bootstrap SaaS web applications.
○ Already implemented in two SaaS businesses.
○ Continuous development of framework - will be implemented on in each business.
○ Integrated with key business components for SaaS companies.
i. Intercom for marketing and CRM
ii. Stripe for billing
2. Mentoring to build Tech internally.
○ Provide strategic leadership (CTO, Engineering, Product).
○ Invest internally in growing tech talent.
○ Increased value when People and Tech are together.

10. GOlang SaaS Framework for Web Applications

11. Founder's Mentality
● Typical accelerators provide seed funding to an entrepreneur in
order for them to hire talent and turn their idea into a scalable
business.
● Since resources are constrained in Alaska, our team partners with
the entrepreneur to help build out the opportunity from an idea into
a scaling insurgent
● The Geeks In The Woods team consists of three startup
professionals with vast experience in both software engineering
and entrepreneurship.

12. Entrepreneurs Own the Future They Create
● After the business idea is validated, it spins out into its own corporation.
● Entrepreneurs retain ownership of their company.
● Employee’s direct ownership of independent corporations provides
greater upside opportunity and ability to realize rewards of their success
independently.

13. Leverage success of GITW portfolio companies to attract:
○ Entrepreneurs to build tech companies in Alaska; and
○ Other Creative Workers to relocate here and fuel the
growth of more tech companies.
Growing Tech Ecosystem in Alaska

14. Our vision will be part of a larger trend of
Creative Workers being attracted to
Alaska and this trend driving the future of
diversified economic growth

15. Creative Workers will
fuel future Growth in Alaska

16. To attract these creative workers and build the “creative
class”, communities must cultivate the three Ts:
● Talent - a highly talented/educated/skilled
population
● Tolerance - a diverse community, which has a 'live
and let live' ethos
● Technology - the technological infrastructure
necessary to fuel an entrepreneurial culture

17. Alaska does have Tolerance
and Technology

18. While AK is investing in STEM
education for the future workforce, this
alone will not allow Alaska to catch up
and develop a thriving tech ecosystem
driven by creative workers.

19. Alaska needs mentors for today’s youth
to create opportunities for tomorrow’s
workforce. This will fuel Alaska’s next
frontier - the Tech Frontier.

20. 1. Pioneering, building and entrepreneurship are part of Alaska’s DNA
2. Tech talent is interested in relocating to AK for high quality of life
3. Communities in AK are already attracting creative workers in tech
4. Fiber Internet in AK already, and becoming more widely spread
5. Momentum and success of new startup tech companies will be key
to unleashing exponential growth

21. Lead by example
to attract Talent
to Alaska

23. Participate in and sponsor Startup Weekends
Support Alaska Dev Alliance
Support UW Women in Tech
Mentor software engineers in Alaska
Sponsor Geeks to code in Valdez
Sponsor Alaska World Affairs Council
Speak at local events
We are committed to growing Tech in Alaska

24. Short Term Goals for Accelerator
2 SaaS businesses within next year
● Aurora.cam - ready to launch
● LegalThread - launching Q1 2019
Open applications in March for opportunities
in Q3 2019

25. Short Term Goals for Accelerator
Expand Accelerator:
● Participate in Accelerator Workshop by Global
Accelerator Network (GAN)
● Incorporate learnings with our bootstrapping
passion and founders’ mentality
● Execute and operationalize expansion
of accelerator

27. Long Term Goals for Accelerator
Within 3 years:
● Launched 6+ SaaS businesses
● Plan for profitable exit of at least 1
business
● Will have achieved profitability with at
least 3 businesses
● Killed at least 1 business

28. Long Term Goals for Accelerator
Within 5 years:
● Inspired more tech companies to start in AK
● Developed 1+ into a business with scaling
metrics, revenue of $10-$100M, and is a
business Alaskans are proud of
● Successfully sold investments
in 2+ businesses

29. Startup accelerator
for tech in Alaska