Table of Contents
How is Ycombinator funded?
The companies receive seed money, advice, and connections in exchange for 7\% equity of the company. The program includes “office hours”, where startup founders meet individually and group meetings.
What do accelerators provide?
What do accelerators do? Broadly speaking, they help ventures define and build their initial products, identify promising customer segments, and secure resources, including capital and employees.
Do startup accelerators have a positive impact on your career?
Pointing out that accelerators like Ycombinator, 500Startups or Techstars have a positive impact on startup activities (and connections) is obvious and it’s a little bit like saying that Google, Microsoft or Facebook will have a (visually) positive impact on your resume (and career). Do Startup Accelerators Really Benefit Your Startup?
How many startups can I expect to find in accelerator pools?
Accelerators tend to have a pool of 7 up to 12 startups per batch. Some key questions to consider are: What will you be getting aside from the money? What will their involvement be in your activities during and after the program?
Are accelerators really in it for the long haul?
A recent article by Chris Lynch appeared on VentureBeat, (“ Accelerators claim they are in it for the long haul — I call bullshit “) brought up some of the underlying problems that exist in the ecosystem due to the incredible number of accelerators available.
What is Techstars and why should you join?
Techstars has presence in major tech cities such as Austin, Berlin, Boston, Boulder, Chicago, San Antonio, London, New York, and Seattle. What’s awesome about this is there’s almost always a Techstars program in a major tech city, and if you ever need region-specific support, the alumni network will be extremely helpful.