Back in October during Celebrate 2015, Tech Wildcatters cofounder and managing partner Gabriella Draney hosted a fireside chat with Rokk3r Labs’s Cofounder and CEO Nabyl Charania. During the chat, Draney put Charania to the task of explaining a topic near and dear to him: exponential organizations.
“You talk a lot about exponential organizations, what in the hell are you talking about,” asked Draney. After a bit of laughter from the crowd, Charania summed it all up (see the 10 minute mark of the video for the question):
“I think it’s a way to contextualize and convey a message in a very short frame that we are living in a time and age where companies can be built to do things 10 times faster, quicker, more efficient, than their counterparts. Right, and it’s not just about your idea, it’s about how you setup your company… If you think about how you setup your startup from day one to succeed, how you are creating your teams, your liquid networks, your interfaces within the company, your dashboards… to allow you to make real time decisions. It can really affect how you can get to market.”
So, what the hell is an exponential organization then? Charania looks at it from the technology investor side, and as a result the companies at the intersection of exponential technology.
He posed the question of there being two markets growing exponentially, drones and 3D printing. But who is 3D printing drones? For Rokk3r Labs, it’s exactly these kinds of organizations that can grow exponentially, and therefore the kinds of companies they specifically work with.
For those unfamiliar with Rokk3r Labs, they are not an accelerator, incubator, or development shop. They focus on co-building. Co-building is a new concept that caters to those who have ideas with exponential reach, but don’t yet have the team or resources in place to turn it into a company.
“We don’t do cohorts, we don’t have that specific program that you go through, so what we are is actually place if you want to build your company and you need a team around you of experts who can help you go from zero to 100, fast, that is who we partner with,” said Charania.
As a partner of Rokk3r labs, the company trades time and effort in exchange for equity. Launched in Miami Beach, FL in 2012, the company has raised $5M in their initial round.
On October 4-6, Tech Cocktail Celebrate Conference is gathering hundreds of attendees, industry leaders, and inspiring speakers in downtown Vegas to meet the hottest startups and investors from around the country, learn and collaborate with others turning their communities into startup cities, and enjoy music, parties, and llama spotting. Check out more Tech Cocktail Celebrate Conference coverage here.