by: Pat Riley, CEO, Morrow|
September 21, 2022|
Today, I’m excited to announce Morrow.
Morrow means “the following day.” Its name inherently points us to what will happen – tomorrow.
When you think about the work venture accelerators, studios and hubs are doing alongside startups worldwide, they’re building the next generation of companies that are building the products, services, and cultures we’ll all use and be a part of. They’re shaping, through the founders they work with, the products, services, and cultures that will define our world and how we live and work.
Their work couldn’t be more necessary.
Yet, just because that work is essential doesn’t mean that there is one way to create companies. Instead, there are a thousand different methods for how companies are created, shape culture, and decide what products and services we invest in and build.
It’s the job as leaders of startups to define and refine what companies get funded, the type of support they’ll receive, and the cultures they’ll create at each of their ventures.
This is why it’s vitally important, probably imperative, that the leaders of startups focus today on what companies they’re going to build tomorrow. They need to consider how they’re going to support new companies and what types of values they envision those startups having in order to build companies that will grow into the large-scale ventures of tomorrow.
Over the last 10 years, the venture accelerators in Global Accelerator Network (GAN), the venture studios in the Global Startup Studio Network (GSSN), the hubs in the Global Hubs Network (GHN), and the corporates in GAN Partners (GAN Partners) have worked with over 21,000 startups. Through their work, you’ve ensured that over 75% of those startups are still in operation today and continue to grow into ventures that are scaling, building products and services we all use, and creating cultures that ensure people become thriving humans.
GAN, GHN and GSSN members have shaped tens of thousands of startups – and that work isn’t slowing down.
As we’ve grown this network from just GAN to GAN Partners to GSSN to GHN, it’s been difficult to describe how and why each network works together – or doesn’t. Until now.
Morrow is a new brand that unites all of the networks under one umbrella. It does two things for members:
For instance, GAN accelerators already send previous founders to GSSN studios. Founders coming out of GAN accelerators are using GHN hubs as places to work and find community. GSSN members use legal docs originally created by GAN accelerators. And GAN accelerators are iterating on their models using lessons learned from GSSN studios.
As you can imagine, this is just the beginning.
Of course, none of this would be possible without Morrow’s members. Because they’ve launched 21,000 startups with the success they’ve had – and continue to do the amazing work they do – GAN, GSSN and GHN are leaders in the world of venture creation. Launching the next 21,000 startups won’t be easy, but together as a global network, Morrow’s members get to focus on and decide what ventures to create, how to build them, and what cultures they envision for a better, more connected world.
The next generation of startups is in great hands with the members of GAN, GHN and GSSN.
1. What is Morrow?
Morrow is the global community for leaders who create and innovate with startups.
In 2010, we launched the Global Accelerator Network (GAN) to empower and convene leaders of accelerators to gather together to support their cohorts of founders with best practices to operate accelerators.
In 2018, we welcomed the Global Startup Studio Network (GSSN) and studio leaders into a network that supports the operations of a studio and the creation of new ventures.
These two mature networks continue to grow with new members worldwide as they deliver value to the startups they support in specific and measurable ways.
In 2021, we created our newest network, the Global Hubs Network (GHN), which continues to grow with members who support startups with space and programs in regional innovation districts and across startup campuses.
As our networks continued to grow in size, we discovered an incredible connectivity between the communities. GAN accelerators were sending previous founders to GSSN studios. Founders coming out of GAN accelerators were using GHN hubs as places to work and find community. GSSN has been using legal docs originally created by GAN accelerators. And GAN accelerators have been iterating on their models using lessons learned from GSSN studios.
We believe Morrow can better share insight and data across all three networks and deliver more value to partners who support startups. We will do this work through our platforms, the innovative products we develop, and the gatherings we host with members of our networks.
2. How will this impact my membership in GAN, GHN, or GSSN?
Your membership in your network will always remain. We are not dissolving nor changing the shape and makeup of the network you belong to. We are increasing your access to others in our networks and the startups they support.
Morrow is the common denominator between our growing networks, and while each network and its name will remain, our goal is to build stronger bonds between members of each network and those outside it. Because you each support startups with mentorship, investment, spaces to work, and countless other activities, we believe you should know more about each other and connect more often to create a bigger impact for startups.
3. I work at an accelerator, how does being a member of Morrow help me?
You will still have access to insight, data, and the community of peers in GAN. Now your membership will include access to members in other Morrow networks as they continue to grow with innovation organizations (like yours).
4. I work at a startup studio, how does being a member of Morrow help me?
You will still have access to insight, data, and the community of peers in GSSN. Now your membership will include access to members in other Morrow networks as they continue to grow with innovation organizations (like yours).
5. I work at a hub, how does being a member of Morrow help me?
You will still have access to insight, data, and the community of peers in GHN. Now your membership will include access to members in other Morrow networks as they continue to grow with innovation organizations (like yours).
6. I’m a corporate partner to GAN, how will this change impact me?
High-growth venture-backed startups need resources and platforms to grow. As we continue to grow each network, the startups affiliated with these innovation organizations will access these through new and improved platforms, and all three networks will continue to support startups, wherever they may be.
7. I’m a startup affiliated with one of the networks, how will this change impact me?
You will still have access to our Insight platform and our new platform, Connects (currently in beta), which will help you connect with the resources such as leaders in our networks, mental health services, mentors, investors, perks, office space, and other startups and corporates to partner with.
8. What does Morrow mean?
Morrow looks to the future to see what is coming next. Morrow means “the following day.”
Our mission is to continuously ask ourselves, “what’s next and what resources will need to empower our networks and the startups they work alongside.”