A talk by Michael Seibel (CEO @ Y Combinator) on how to evaluate Accelerators and their purpose.
Published/Updated on Jul 21, 2021
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Are accelerators worth it and how to evaluate them
A talk by Michael Seibel (CEO @ Y Combinator) on how to evaluate Accelerators and their purpose!
TL;DR
Accelerators are not required for success
Most startup services you use every day have not gone through an accelerator
3000 accelerators have been launched in the last 15 years, most of them have never worked with a successful company - Worth getting their advice giving out equity?
Reality of YC: After 15 years, only a very few companies have gone really big
Talk to the accelerator alumni before giving away 7-10% equity
Getting the pitch from those who run the accelerator or the alumnis?