Jacob Mahaffey: Cowboy Technologies
Manage episode 512809773 series 3231089
How does a major university turn groundbreaking academic research into world-changing companies? This episode, we go inside the engine of innovation at Oklahoma State University with Jacob Mahaffey, Assistant Director of the Cowboy Technologies seed fund.
Jacob reveals the playbook for identifying technologies buried in university labs and transforming them into viable, venture-backed startups. We explore the entire journey, from securing initial sponsored research funding and navigating non-dilutive grants to preparing for a seed round and accessing a powerful mentor network.
This is a masterclass in the unique world of university venture creation. Learn how Jacob and his team validate product-market fit, mentor student and faculty founders through customer discovery, and build the scalable business models that attract serious investment. If you're curious about the future of tech transfer and academic entrepreneurship, this episode is for you.
Key Takeaways:
- From Lab to Launchpad: The step-by-step process of identifying and commercializing university technologies with high-growth potential.
- The University Venture Studio: How Cowboy Technologies provides a unique blend of capital, advising, and facilities to de-risk academic startups.
- The Customer Validation Playbook: Jacob's framework for mentoring teams to pivot their value proposition and achieve true product-market fit.
- Funding the Journey: A breakdown of the capital stack for university startups, from non-dilutive grants and sponsored research to seed investment.
- Educating the Next Generation: How teaching and programs like the I-Corps Site are building a sustainable pipeline of student entrepreneurs.
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