4 ms·
NReduce has been really interesting and done a good job of trying for something different than YCombinator. In many ways it's much more of a complement to tradi
by michaelbuckbee 14y ago
NReduce has been really interesting and done a good job of trying for something different than YCombinator. In many ways it's much more of a complement to traditional startup incubators than a competitor.
Of the startups that I partnered with since June, about 15% have gone on to geographically located accelerators, a few have been acquired/hired for their product, a few have launched and not really gone anywhere and about half never got as far as launching a product.
Personally, I've gotten a huge amount of constructive feedback and a good handful of solid beta testers for my project.
- railsjedi 14y agoCompletely agree, it should be emphasized that nReduce isn't trying to compete with existing accelerators. I think it's actually a great first step for companies to get to the point where they can join one (since the good ones tend to require serious traction just to get in). Personally the best thing our team got out of being an nReduce participant is the weekly checkins. Having 12 video checkins that document our progress has been really useful for showing investors the amount of progress our team can make week by week. We intend to continue this habit throughout the life of the company.
- StavrosK 14y agoI joined in the hopes of getting feedback, but so far the site has just been broken. I can't figure out how to interact with startups, what each video is, uploading is broken, and the founders haven't been very responsive. I hope things will get fixed, but the experience hasn't been great so far.
- michaelbuckbee 14y agoI'm sorry to hear it has been so rough, it is very much a situation where the founders have been working on the train as it is running down the tracks. There have definitely been issues, but in general, the team has done a good job of addressing them. I'm quite sure that right now they are overwhelmed with demo day and that once the dust settles for that things will get straightened out shortly.
- StavrosK 14y agoI hope so too, at least for the startup feedback. As it stands, the product is entirely broken...
- joemellin 14y agoHey, I am one of the founders and yes the peer product right now is pretty broken. Our bad on that. Because we have a demo day / investors / mentors we had to build V1 of all the products first - so that we could get companies to demo day. As of tomorrow we are starting over on the peer collaboration product / onboarding to make it awesome. We basically had the first cohort of users go through our system. Now we can get past MVP's on the different products. That being said I would really appreciate your continued feedback! And thanks for giving it a shot in the first place!
- StavrosK 14y agoHey Joe, no problem. I didn't know you had a demo day, I just joined a few days ago. I sent you another email a few hours ago, if you could reply after the demo day so I can figure out why I can't add any startups, I'd appreciate it. Thanks for your help!