Re:Pessimistic Thoughts on Startups
by satvikpendem on Thursday February 23, 2023 @05:01PM
(#34917202)
Wouldn't that have diluted him significantly? Or were they new products each time?
Same product every time. Not every accelerator took equity. Some were government or university sponsored programs.
Re:Pessimistic Thoughts on Startups
by satvikpendem on Friday February 24, 2023 @01:21PM
(#34927832)
So how are they doing now?
Each one gives him some new way to ‘level up’ in the game that is startups, without having to launch a real product or business. It’s all about grooming the startup to look good to VCs.
I joked with him that his real business should be consulting with startups that go through accelerators since he’s a veritable expert at it now.