January 14, 2014
Lean Startup Machine (LSM) today announced a newly forged partnership with Microsoft Ventures alongside the launch of their new platform that will expand services to 600 cities. They currently have held over 125 events in over 50 cities worldwide; their three-day workshop lets people test new business ideas and get mentorship from seasoned entrepreneurs.
The new platform, LSM 2.0, was built by the CTO Obie Fernandez, author of the best-selling book The Rails 4 Way, to offer complete decentralized organization of LSM’s events. Anybody can go to the site and find a page for their city, but each city has to be “unlocked” before anything happens there.
By getting 150 to 250 entrepreneurs in the city to sign up, LSM will deem the city viable for resource investment and mentor recruitment. This accomplishes the decentralization of events, but it also lets the LSM team know that there is a sizable demand for their workshops.
Their new partnership with Microsoft Ventures will open the doors to Microsoft’s grassroots community around the world where local Microsoft evangelists operate in over 600 cities. It’s also a strategic partner for promising startups around the world industrial strength technology and usable products.
“We’ve grown in a very careful, controlled manner, because the quality of the experience is so important to us,” says CEO Trevor Owens. “This platform and partnership will represent more than 10x growth of the company’s reach over the next 18 months.”
The LSM team is looking forward to helping anybody who wants to bring the workshop to their city, and they’ve already recruited some top names willing to Skype into unlocked cities in the first quarter of 2014. David Cohen of Techstars, Mark Suster of Upfront Ventures, and Eric Ries will be doing their part alongside team members from Spotify, Airbnb, and Twitter.
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