Each year in the course of our application season, we tend to get a lot of questions about who we are, what we stand for, what’s in it for us and how we’re able to sustain our model. For the most part, these are pretty reasonable questions with a shade of healthy, “NYC-brand” cynicism towards a deal that sometimes seems to good to be true. In the past, we’ve tried to highlight some of our core beliefs, from our mission, to our commitment to diversity efforts, to what we look for in companies and why we don’t take any equity. The simple fact is, our unique relationship with the landlord means that we don’t have to charge rent and we feel that building a community of the absolute best tech companies in New York City is best accomplished by not asking what’s in it for us first; by being deliberately, and perhaps even a bit overly, entrepreneur-friendly.
But while we’re incredibly proud of the resources we offer our companies (and the value of a full year’s worth of free rent without giving up any equity is definitely compelling), we feel pretty strongly that looking at it purely in this way ignores the strength of our most important asset: our community. That might sound like some more fuzzy, feel good hot air, but in fact, it’s the companies that are a part of GCT that define our culture — what GCT actually is. And it’s buy-in to that culture that we think makes GCT such a special place where companies can truly grow, work together and accelerate their growth.
Below, we’ve included a link to the GCT Code of Conduct, which every company signs when joining our community. If you want to know what would be expected of you in order to participate in GCT look no further than this document. We believe that the commitment abiding by the Code of Conduct entails is a key part of what makes GCT tick — setting the “rules of the road” for how we build a culture of excellence and trust.
A few things are worth noting here:
- This is a good faith commitment among all community members — not just between GCT and each individual company.
- This is a bit of a living document. Each class will have its own mark on it as we continue to grow and mature.
- Hopefully this helps continue to push off the nagging feeling that GCT is “too good to be true.” There really is no “gotcha”.
If you’re interested in being a part of this community, or know someone who is, apply now!