The Menlo Fellowship is a 12-month flexible program designed for business and technical leaders seeking to launch new companies. Operated by Menlo Ventures, a prominent Silicon Valley venture capital firm, the fellowship creates a private community of experienced entrepreneurs and operators exploring startup opportunities with no requirement to quit existing employment. The program aims to give founders the confidence and resources to take crucial first steps toward company formation through community, mentorship, and structured support—without requiring immediate full-time commitment.