#
Grove Community
Notwithstanding the core financial element of Grove, a variety of paid private networks provide a blueprint for the significant social and professional value members can gain from a network like Grove. Best known among these are the Young President’s Organization (YPO), and Chief.
YPO charges ~34,000 members between $7,000 - $10,000 per year for access to each other, curated content and events. They do this through a unique combination of hyper local (forum) and hyper global (anyone in the network can reach out to anyone else) elements.
Chief charges $5,800 to $7,900 per member and describes itself as the private network empowering executive women. Chief focuses on connecting senior executive leaders across industries and functions to enable members to broaden their knowledge and network. They do this by a combination of in-real-life events, executive coaching, and expert programming, and have grown to over 20,000 members. {^1} Neither network enables members to share financial upside and downside.
We expect the Grove network to similarly add value for founders by enabling them to share knowledge, resources, and opportunities in a high-signal, high-trust, and financially aligned environment. This will increase the odds of member success, in turn increasing the financial returns in the network.
Footnotes
- Goldberg, Emma. “Is Empowering Corporate Women Enough,” The New York Times, 03.30.2023. https://www.nytimes.com/2023/03/28/business/chief-corporate-women-networking-club.html