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To further add to this, it's not necessarily the fact that they take a service charge that I take issue with. It's the complete lack of transparency up-front an
by wolfer 12y ago
To further add to this, it's not necessarily the fact that they take a service charge that I take issue with. It's the complete lack of transparency up-front and only once you're close to getting on the program that it's ever disclosed.
- solve 12y agoThe transparency for accelerators is terrible now. Every founder presumes that the new accelerators are at least trying to follow the template of the best accelerators. Surprisingly often that's not the case whatsoever, down to the smallest meaningless details. A good start might be submitting those details to (http://accelerat.io/ http://accelerat.io/). They seem to be tracking this.
- sjaakkkkk 12y agoFounder of http://Accelerat.io http://Accelerat.io here. This is exactly why we started our project, we hear a lot of these stories of second and third tier accelerators doing these kinds of shenanigans. Would love to put up the accelerator you're talking about with clear information so future entrepreneurs applying can know about this upfront. If you contact me at hello at accelerat.io I'll set it up for you. Rest assured, it will all be 100% anonymous.