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The previous accelerator was good. They helped raise some decent money after their initial injection of money. Mentors were great too and the connections we bui
by dropsofhonesty 12y ago
The previous accelerator was good. They helped raise some decent money after their initial injection of money. Mentors were great too and the connections we built were useful. It has hard to know if this one will be better.
That is interesting that you wouldn't recommend and accelerator if you don't have PMF. Most start-ups that get into accelerators seem like they do not have PMF (judging from their website). However, I do see your point as you won't make the most use of your time.
- neilsharma 12y agoWell, quality incubators invest in quality founding teams, not products with PMF. I'm a believer that in most startup cases, the founding team can find some early form of PMF with customer dev + building + hustle rather than money + employees. And if you do find PMF, raising money and getting into the incubator again wouldn't be a problem. In your case though, you might've already found it if your rev is recurring and growing at a decent rate.