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The mentorship and talks so far have been AMAZINGLY valuable. The 500Startups team has explicitly asked founders in the program to be vocal and outgoing about
by thegoleffect 16y ago
The mentorship and talks so far have been AMAZINGLY valuable. The 500Startups team has explicitly asked founders in the program to be vocal and outgoing about the program. So ask me anything :D
- thegoleffect 16y agoFor example, a common question is... how does one apply. There are some misleading answers on the internet right now but the official answer is you don't. It is a lot like typical angel/VCs, you have to network and come in via some mutual connection.
- mmt 16y agoThat seems a bit backwards to me, though it explains the higher investment at lower stake. One of the attractive parts of YC is the mentorship in exactly this category[1] that comes with the program. Between that and the pay-us-for-space incubator model, it's something of an apples-to-oranges comparison to YC, anyway. [1] Or at least how to approach getting funding, if not networking in general.
- thegoleffect 16y agoYeah, not really a good comparison. There are a good number of YC companies in the 500Startups portfolio/mafia. What I liked about the current process is that networking and pitching became a way to practice and learn more about that process - which will be extremely useful in later rounds.