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This is a big part of it. I advised a founder who has gone through 9 startup accelerator programs worldwide (I told him to stop after the first one but he didn’
by tchock23 4y ago
This is a big part of it. I advised a founder who has gone through 9 startup accelerator programs worldwide (I told him to stop after the first one but he didn’t listen).
Each one gives him some new way to ‘level up’ in the game that is startups, without having to launch a real product or business. It’s all about grooming the startup to look good to VCs.
I joked with him that his real business should be consulting with startups that go through accelerators since he’s a veritable expert at it now.
- satvikpendem 4y agoWouldn't that have diluted him significantly? Or were they new products each time?
- tchock23 4y agoSame product every time. Not every accelerator took equity. Some were government or university sponsored programs.
- satvikpendem 4y agoSo how are they doing now?