We comb the web for advice, analysis and insights into accelerators and the accelerator experience
GETTING ACCELERATOR READY
11 tips for startups to gain initial traction [Forbes]
One of the most challenging facts that you’ll have to come to terms with is that no matter how innovative your product is, you won’t have any customers if they aren’t aware of your startup. Even more challenging is figuring out how to attract your first customers when you have a limited budget and resources.
Interviewing with an accelerator - a few do's and don'ts [StartupYard accelerator blog]
So you’ve applied to an accelerator. Maybe StartupYard, maybe Y-Combinator, or maybe somewhere not quite as famous…. What do you need to do to prepare for the interview?The answers might surprise you. This is not a job interview, and it isn’t a meeting with a typical investor. Preparing for an accelerator interview is unlike preparing for any other interview you’ve had.
How Much Does Pre-Seed Equity Really Cost? [Mattermark]
Where do entrepreneurs get the best deal for the equity they give up? The data we’ll use to answer this question comes from F6S. One of the many features of F6S is a list of accelerator and incubator programs around the world. As it turns out, many of these incubator and accelerator programs state the amount of money they invest and, often, a fixed amount of equity they take in exchange for said investment.
Mentors Are The Secret Weapons Of Successful Startups [TechCrunch]
Entrepreneurs often spend hundreds of hours raising funds from angel and venture capital investors. While these activities are clearly important, analysis of new data on startups suggests that founders should also dedicate significant time to something that many people overlook: recruiting great mentors. This simple strategy can increase a company’s odds of success more than almost anything else.
Read this Before Applying to an Accelerator [Founder Institute]
Getting accepted into a seed-accelerator like Y Combinator or Techstars is a major step forward for any startup. In fact, getting into any accelerator is beneficial for a startup. But how does a founder get their company into an accelerator, and when is the right time to apply?
While it is entirely possible for any startup to get accepted into an accelerator, there are numerous factors that need to be thought about before a founder decides to submit their company for consideration
Want To Get Into A Top Startup Accelerator? Try These 3 Strategies [Forbes]
Prestigious startup accelerators like Techstars and Y Combinator (YC) have a lower acceptance rate (only 1-2%) than Harvard (5%). Top accelerators give entrepreneurs the opportunity to rapidly scale their companies over an intensive three-month program by providing access to mentors, investors, advisors and a network of other founders.
10 Startup Accelerators Based On Successful Exits [Forbes]
Staff from accelerator programs take into consideration many common themes when reviewing applications, such as addressing a large market, having a bold and crazy idea, showing some form of traction or signs that the company will be able to hit a milestone while in the program – but the most common, and debatably most important, is the team behind the company.
Pitch Advice for entrepreneurs [Reid Hoffman Blog]
Entrepreneurs often ask me for help with their pitch decks. Because we value integrity and confidentiality at Greylock, we never share an entrepreneur’s pitch deck with others. What I’ve honorably been able to do, however, is share the deck I used to pitch LinkedIn to Greylock for a Series B investment back in 2004
7 Lessons from 500, YC, Angelpad alum — How to Prepare For Any Accelerator Interview [500 Startups Blog]
But to help you brush up for the interview, we’ve downloaded some of the questions the YC grillers will ask. Many, coincidentally, are the kinds of questions the media will ask you about your startup. So not a bad list to brush up on. Here they are below, though as you can tell they are not in an sort of order.
Be Concise! – The Top Questions Asked At A Y Combinator Interview [TechCrunch]
YC does 10 minute interviews with a few partners and cares more about founders than ideas; 500 does a deeper dive over 20–30 min and focuses on people and growth. With Angelpad, you’ll be talking to Thomas and Carine, and there will be fewer companies in your cohort. Each pre-accelerator company then had a 5-minute mock interview with us.
Despite the differences between us and our accelerators, the six of us noticed very similar patterns in the founders. The following mistakes to avoid and advice will help you prepare for any accelerator interview (and some investor conversations, too!)
What to Look for in an Accelerator Program [Entrepreneur.com]
While most accelerators provide tangibles such as funding, mentorship and access to potential investors, they're not a golden ticket to success. A positive experience depends on setting realistic expectations and understanding what these programs can and can't do
What to do after your accelerator program [Refiners]
All of our startups have been away from their country so a lot of them take time off to reconnect with friends and family. Sometimes their visas are up and have to leave until they renew it, so they, unfortunately, have to go back without a choice. An important thing to remember is, to take what you’ve learned and share it with your colleagues back home.
What happens the day after the accelerator program ends? [Geektime]
Watching momentum go to waste is not pleasant. Having been an advisor to many startup companies in Israel, I can say that it is very difficult to watch startup companies finish accelerator programs and fail to utilize the various programs’ assets.
Several easy steps will allow you to take advantage of the experience, knowledge and connections the accelerator programs provide.
This is the first in a series of posts on accelerator program design elements that we think make a successful program. There’s a lot we’ve learned about accelerators (and other innovation program models) through working with our clients over the last four years, and it just made a lot of sense to share. We will use our work in designing and implementing the AT&T Aspire Accelerator as a model for these posts.
How To Make The Most Of Your Startup Accelerator Program Experience [Techcrunch]
From the beginning, I had the mentality of “where do we begin, and how do we take advantage of every opportunity this presents to us?” So we made sure we went in with smart goals that accelerators are fit to help achieve, otherwise, they can offer more value than a company can possibly take advantage of.
Disrupting the Disruptors: Startup Accelerators Feel Pressure to Evolve [Knowledge @ Wharton]
A decade ago, eager entrepreneurs with little business acuity and in need of funding turned to startup accelerators for help. From the outside, these programs had an air of exclusivity with the source code to build successful businesses.
Now that image seems passé.
“New models are emerging on how to create ventures and scale them,” says Martin Ihrig, an adjunct professor of entrepreneurship at Wharton and practice professor at Penn’s Graduate School of Education.