According to his Facebook page Chad Folkening, a very successful domainer and a co-founder of Domain Holdings, announced his latest project, VentureCamp, a live/work incubator/accelerator/reality show.
“Join other like minded entrepreneurs and professionals to create some of the best businesses in the world using the best domains in the world”.
“Using premium domains to build successful companies with 12 people for 6-8 weeks in private pimp estates around the world”.
The site asks:
“Can a successful business be created in under 8 weeks? In today’s ever-expanding virtual marketplace, what does it really take to have an idea and build a successful business around it?”
VentureCamp leverages its global network of industry experts, successful serial entrepreneurs, coaches and investors to educate and guide its participants as they take their concept and develop it into a marketable business proposition”.
“VentureCamp invites only the most energetic, passionate and driven individuals, able to conceptualize unique and innovative ideas, who have demonstrated having the necessary stamina, business acumen, and entrepreneurial skills to successfully launch a business in under 8 weeks”. “VentureCamp’s judges and mentors consist of successful and prominent industry leaders and serial entrepreneurs who coach and test the participants’ entrepreneurial dexterity, personal resolve, and personal ethics throughout the business creation process”.“Each week, participants are tested and judged on their ability to achieve different stages of development for their business concept as well as on their behavior and interaction with one another. Although residing in a luxurious setting, teams are limited to the amount of resources and capital available to them, which is pre-determined for each team, emulating resource scarcity usually experienced while starting a business from scratch.
VentureCamp features different locations and unique estates worldwide, beginning with the Kessler Mansion in the United States .
Participants are required to both live at the estate for the du
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