They thought they were joining an accelerator – instead they lost their startups

Re:They thought they were joining an accelerator – instead t... by fuzzythinker on Thursday May 02, 2024 @07:30PM (#40242494)

Any source to your avoid TechStars advice?

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Re:They thought they were joining an accelerator – instead t... by chambers on Thursday May 02, 2024 @08:19PM (#40242748)

This piece goes into some detail: https://www.founderscoop.com/2024/what-went-wrong-at-techsta.... An erudite and incisive autopsy of a disintegrating accelerator.

I'm no longer in the startup scene so I can't vouch for its facts, however.

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Re:They thought they were joining an accelerator – instead t... by fuzzythinker on Thursday May 02, 2024 @08:30PM (#40242813)

Thank you, it's what I'm looking for to understand why.

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Re:They thought they were joining an accelerator – instead t... by threeseed on Friday May 03, 2024 @12:52AM (#40244171)

The other problem with advice is that TechStars operates like a franchise.

So you don't know which of the many accelerators are problematic or not or what their incentives are.

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Re:They thought they were joining an accelerator – instead t... by avarun on Tuesday May 07, 2024 @03:33PM (#40290496)

Not anymore. They switched to a centralized model under their new CEO.

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