Entrepreneurship is hard.
It takes work.
It requires patience.
But there’s something else: You can get rich.
That’s what Nicole Junkermann told me.
Junkerman is an entrepreneur and the founder and CEO of the Niche Ventures accelerator program.
She’s an alum of the Harvard Business School and Harvard Business Review, where she worked with a team of entrepreneurs and entrepreneurs’ friends to create a portfolio for them to see how the world’s startups fit together.
Junkermans vision is to create an incubator that brings together talented entrepreneurs and investors who share a similar vision of making money.
For example, she wants to bring on entrepreneurs from outside the Silicon Valley and build a network of VCs to help these startups grow.
In a nutshell, she says, the Nichetes accelerator will be a place for entrepreneurs to connect, and it will be where people who want to work on the front lines of innovation and business start to thrive.
We met in her office in New York City last summer.
Junkercamps first round of investors included the venture capital firm Sequoia Capital, a private equity firm, and venture capital firms from the Valley.
She said she was not approached about the accelerator at all.
She didn’t even know it was on the agenda.
She and her partners were in talks to open up Niche as an accelerator program, but the idea fell through, she said.
She had hoped to get it going in 2019, but she didn’t know what she would be getting.
In the meantime, she and her team of venture capitalists were trying to build an incubation space for startup founders.
That would give them an incubators’ chance to get on a team and build their startups, which they hoped would allow them to grow their businesses faster.
“We were looking at the next best thing,” Junkerman said.
“But there were two big hurdles that we didn’t get past.”
First, she had to find investors who would be willing to invest in the program.
The second obstacle was getting the word out to potential investors.
Junker was one of those who were not happy to hear about the Niches program until they had to make a decision.
She started hearing about it through her friends, who were entrepreneurs themselves.
“The first few people that we contacted were saying, ‘You know, you can’t do this because it’s going to suck,'” Junkerman recalled.
“And that was the moment where I realized, you know what, this isn’t going to work.”
The Niche Labs program is a partnership between a few companies and one of the biggest accelerators in the world, Sequoias.
It’s the seed money that’s going toward the founding of the incubator.
It started with $250,000 from Sequois’ incubator fund.
The startup incubator incubators that are currently being funded are part of a growing network of seed-funds in Silicon Valley.
But what makes Niche different from those other programs is that it’s backed by Sequoiams.
It was founded by Sequos founder Marc Benioff, who is the founder of Salesforce.
And while the incubators funded by Sequois are also backed by the Sequoas family, the founders and other founders are also connected to Sequoials.
Sequoius cofounder Marc Benko said that he and the rest of the Sequoniams team were very surprised by how well the program was doing, which he called an amazing example of “innovation for the sake of innovation.”
“I was so proud of our team, and I felt so honored to be in the room with the people who created it,” Benko told me in a phone interview.
“It was an amazing feeling to be here.”
He said he and his team are looking forward to working with the Nichermans to build the incubation program.
Niche is currently in the midst of a $400 million round of funding.
As of now, they are looking at raising $400,000 more in the next few months.
“Our mission is to help companies start by bringing on more investors to help them grow and build,” said Benko.
“When we think of an incubated startup, we think about the founders who are bringing their vision to life.
That is not necessarily the case for Niche.”
As the Nichemers team has grown, so has the Nicheyys team.
“If we can build an accelerator for companies, and if we can help them get started, then we’re all set,” Junkermers said.
The Niches founders are currently in a final stage of their incubation process.
They’re looking to raise another $250 million to create the Nicethe Ventures accelerator, and that funding will be used to pay for their salaries.
But as their project grows, so does the Nichesters team.
The founders have worked out how to use their incub