1. What happens at Hatchbay?
We empower you to build something people really want and then help you get alot of people to use your service. All startups take part in our 6 month program where we co-build your product. Many startups progress even further.
Read more about our process here.
2. Do you accept remote teams?
Yes! We are born global and digital. Our entire process is crafted to work just as well online as offline.
3. If we participated in another incubator, can we do Hatchbay?
Yes, we don’t see that as a problem. However, if you've participated in another incubator already, we may expect that you've reached a higher level of progress.
4. Will you sign an NDA? How do I know you won't steal my idea?
No, we don’t sign NDA’s (sv. ‘sekretessavtal’).
Ideas are a dime a dozen. Execution and devotion is key. A motivated team, persistence and often thousands of working hours, is what makes a business successful.
5. What startups are you looking for?
Hatchbay is an early stage investor that fund and co-build scaleable solutions. We are more inclined to invest in ideas that has the potential to generate cash flow early on (more often business-to-business ideas). Even though we are looking for promising ideas, we put even more emphasis on the team.
We occasionally accept teams of one person.
6. Will you fund multiple startups working on the same idea?
Yes, when you fund a lot of companies it's unavoidable you'll end up with some overlap. Even if we tried not to accept competing companies, we would still get overlap because startups' ideas alter so much over time.
When two startups are working on related stuff, we don't talk to one about what the other's doing. Most big markets have room for several slightly different solutions, and it's unlikely that two startups would do precisely the same thing.
7. How much do you invest?
At Hatchbay we do not apply a standard valutation. The investment is primarily based on the progress you’ve made. As a rule of thumb we either fund 100% or 50% of your cost to develop the solution. The investment is translated into working hours, where we co-build your product.