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I started 2 companies through YC and Techstars and strongly disagree with this. Both were incredibly valuable and well worth the equity for us. Edit: I didn't

• ilghiro 12y ago
  Looks like you're based in the US. In the UK making sure you don't fritter away SEIS money is enormously important. Effectively you have an £150k allocation up to which investors can claim 50% relief in the form of income tax deductions (plus many other great things). Whatever reason the accelerator is doing it for (whether good or bad for them) is bad for the company if it's losing some of it's allocation without seeing the money. A lot of early stage investors won't touch a non-SEIS deal. Edit: Also for every YC/Techstars/500 there's a 100 "incubators" that overcharge and underdeliver.
• solve 12y ago
  Don't do that. It's spreading the myth that these lower-tier accelerators are trying to do things the same way as the top-tier accelerators. That is extremely not the case, too often. Many times it's the equivalent of used car salesman / real estate broker type sales people - who are good at selling themselves to people with money and love to squeeze the most out of negotiations just for fun, with no clue or regard for the tech startups. Wish I was exaggerating.
• pskittle 12y ago
  could you talk about your experiences with each and how different or similar they are?