CRUCIBLE CLUB

Official pages read on 2 November 2026

South Park Commons: terms, dates and the 26-question check

Money invested: $1M (Fellowship). Stake taken: 7% (Fellowship), none for the residency. Applications today: open, rolling intake. Everything below comes from the program’s own official pages, read on 2 November 2026.

Applications today

Open, rolling intake As read on 2 November 2026 from the official page.

No deadline is published for the windows listed.

  • Member Residency: rolling intake, no deadline. Residency Read on 2 November 2026
  • Founder Fellowship, Spring 2027 round (opening date not published): closed. Application Read on 2 November 2026

Terms at a glance

Only what the official site states. Each line links to the page it comes from.

Money invested
  • Founder Fellowship $1M in total: $400,000 up front, plus $600,000 guaranteed in your next venture round FAQ Read on 2 November 2026
  • Funding pathway $1M to $10M for founders building a venture-scale company South Park Commons home page Read on 2 November 2026
Stake taken
  • Founder Fellowship 7% equity through a SAFE FAQ Read on 2 November 2026
  • Member Residency No equity ("no cost or equity") South Park Commons home page Read on 2 November 2026
Fee charged to participants
  • Member Residency No membership fee or dues FAQ Read on 2 November 2026
Format
  • Member Residency Community residency for exploring ideas, with learning groups and workshops FAQ Read on 2 November 2026
  • Founder Fellowship Funded; an 8-week in-person bootcamp in a small cohort, then a residency phase with no fixed end SPC Founder Fellowship Fall 2026 Read on 2 November 2026
Place
  • San Francisco, New York City or Bengaluru offices FAQ Read on 2 November 2026
Duration

The 26-question grid

South Park Commons is passed through the 26 questions of the Builder Residency Due-Diligence Checklist. 5 have a public answer, 10 are partly answered and 11 are not published on the pages read. A missing answer is a question to put to the program, not a verdict.

Questions in English follow the open checklist v1.0. Answers are summaries of the linked official page, not quotations.

Operator

BRD-01

The legal or responsible operator is named.

Partly published

The Terms of Service name South Park Commons and give a street address in San Francisco. The legal form and registration number are not published on the pages read.

Terms of Service Read on 2 November 2026

BRD-02

A monitored contact and escalation route are provided.

Partly published

A postal address is given for questions about the Terms. No email address or escalation route is published on the pages read.

Terms of Service Read on 2 November 2026

Status

BRD-03

Application status and decision dates are current.

Published

The apply page says whether the Fellowship is open and when the next round is expected, and the residency page says new members are accepted on a rolling basis. See the box "Applications today".

Application Read on 2 November 2026

BRD-04

Exact arrival, departure and program dates are stated.

Partly published

For the Fall 2026 Fellowship, the bootcamp period was given in months and a deadline date was stated. Member Residency has no fixed start date: it is rolling.

SPC Founder Fellowship Fall 2026 Read on 2 November 2026

Venue

BRD-05

The city and venue status are confirmed.

Published

The FAQ names three hubs (San Francisco, New York City, Bengaluru) and the site gives a street address in San Francisco.

FAQ Read on 2 November 2026

BRD-06

Room allocation, occupancy and accessibility are described.

Not published

Not published on the pages read, ask the program

BRD-07

Capacity and minimum viable cohort are disclosed.

Partly published

The FAQ gives the size of the community (about 175 active members) and says Fellowship cohorts are small, with one partner for every two companies. No maximum capacity or minimum cohort is published.

FAQ Read on 2 November 2026

Money

BRD-08

The total price, currency and taxes are stated.

Published

The FAQ states that there is no membership fee or dues, and that Member Residency is fee-free and equity-free. Fellowship funding terms are listed above.

FAQ Read on 2 November 2026

BRD-09

Included and excluded services are itemized.

Partly published

The FAQ lists accountability groups, learning forums, speaker series, workshops and roundtables, and the Fellowship post lists credits and perks. A list of what is not included is not published on the pages read.

FAQ Read on 2 November 2026

BRD-10

Payment recipient, schedule and method are verifiable.

Not published

Not published on the pages read, ask the program

BRD-11

Cancellation, refund and organiser-cancellation terms are supplied before payment.

Not published

Not published on the pages read, ask the program

Travel

BRD-12

Visa and work-authorisation responsibility is explicit.

Published

The FAQ says SPC cannot directly sponsor visas and offers to discuss each person's circumstances.

FAQ Read on 2 November 2026

BRD-13

Insurance expectations and exclusions are explicit.

Not published

Not published on the pages read, ask the program

Safety

BRD-14

Emergency contacts and evacuation procedures exist.

Not published

Not published on the pages read, ask the program

BRD-15

Health, accessibility and accommodation needs have a private route.

Not published

Not published on the pages read, ask the program

Community

BRD-16

House rules cover guests, noise, substances and shared spaces.

Partly published

The Terms set general community guidelines (respect, a safe and inclusive environment) and refer to additional rules communicated by SPC. Rules on guests, noise, substances and shared spaces are not published on the pages read.

Terms of Service Read on 2 November 2026

BRD-17

Conflict, harassment and removal procedures are defined.

Partly published

Harassment is listed as prohibited conduct, and a breach may lead to suspension or termination of access. A complaint route and a decision process are not described on the pages read.

Terms of Service Read on 2 November 2026

Privacy

BRD-18

Photography and public-content participation require separate agreement.

Not published

Not published on the pages read, ask the program

BRD-19

Confidential projects and intellectual property remain under participant control.

Partly published

The FAQ says that as a member, the SPC Fund has no right to invest in a company you start. Other confidentiality and intellectual-property terms are not published on the pages read.

FAQ Read on 2 November 2026

Work

BRD-20

The expected work rhythm and mandatory activities are stated.

Published

The FAQ states one expectation: that members show up, meaning working from SPC's spaces during the week, staying active in the private Slack and contributing.

FAQ Read on 2 November 2026

BRD-21

Each participant controls their project and milestone.

Partly published

The FAQ says Fellows are not forced onto strict timelines, and that Member Residency carries no fee and no equity. The Fellowship itself comes with a SAFE investment.

FAQ Read on 2 November 2026

Selection

BRD-22

Selection criteria and conflicts of interest are described.

Partly published

The FAQ says who should apply and describes the process. It also discloses that the fund's management fees cover the community's operating costs. Detailed selection criteria are not published.

FAQ Read on 2 November 2026

Claims

BRD-23

Testimonials identify the cohort and have publication permission.

Not published

Not published on the pages read, ask the program

BRD-24

Launch, revenue, funding and partnership claims link to a verifiable record.

Not published

Not published on the pages read, ask the program

BRD-25

Outcomes state starting point, time horizon and limitations.

Not published

Not published on the pages read, ask the program

Decision

BRD-26

Unresolved questions are listed before payment or travel.

Not published

Not published on the pages read, ask the program

Questions people ask

How much does South Park Commons invest?

Founder Fellowship: $1M in total: $400,000 up front, plus $600,000 guaranteed in your next venture round; Funding pathway: $1M to $10M for founders building a venture-scale company. Source: the official pages read on 2 November 2026.

What share of the company does South Park Commons take?

Founder Fellowship: 7% equity through a SAFE; Member Residency: No equity ("no cost or equity"). Source: the official pages read on 2 November 2026.

Does South Park Commons charge participants a fee?

Member Residency: No membership fee or dues. Source: the official pages read on 2 November 2026.

Are applications to South Park Commons open today?

Open, rolling intake. Member Residency: rolling intake, no deadline. Founder Fellowship, Spring 2027 round (opening date not published): closed. Source: the official pages read on 2 November 2026.

Where does South Park Commons take place and for how long?

San Francisco, New York City or Bengaluru offices; Member Residency: 6 months; Founder Fellowship: No fixed end date. Source: the official pages read on 2 November 2026.

Official pages read

All read on 2 November 2026. Facts that are not on these pages are marked as not published.

About this page

Crucible CLUB is an independent project presented by IVRYN. It is not affiliated with South Park Commons, is not paid by it and does not endorse it. Crucible CLUB has no confirmed cohort and takes no position on which program to join.

Spotted something that no longer matches the official page? Write to contact@victorlaybats.com.