Question: what tangible benefit do startup incubators/accelerators provide? Have any of my followers really benefitted from one? In what ways?
Why did you originally “need” them? Was it primarily the $16k investment? How much did their mentorship + additional resources play into it?
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No! The $16k investment was not needed and was unattractive. That amount of $ is a horrible reason to do an accelerator. The value was ultimately the mentorship of
@crashdev and how the program and network helped me play the game I set out to play with my company. -
So how much did you “pay” to be a part of it? Is it a % of equity? Or does the program cost something?
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I took my company through Techstars Seattle in 2015.
Still glad I did.
I continued to get ongoing benefits from Techstars as a stakeholder.
Benefits at the time: direct path to our lead VC (