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A comment on We Got Accepted into Techstars and Turned Them Down. Parent comment

Re:We Got Accepted into Techstars and Turned Them Down by abstein2 on Friday October 03, 2014 @04:49AM (#8404757)
It's also invaluable to be able to stand in front of a group of people (whether VCs, the press, other startups) and be able to clearly communicate what your startup does.

Viewing Demo Day as a tool that's only useful if you're fundraising on the back of it is incredibly shortsighted.

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Re:We Got Accepted into Techstars and Turned Them Down by korzun on Friday October 03, 2014 @01:10PM (#8406401)
That's not my point. There is no need for this to be mandatory. When company is ready they should be able to present at another demo day, etc.

I also think the founders know better where the time needs to be spend and at what stage they should focus on PR.

Cookie cutter approach does not work for everybody.

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Re:We Got Accepted into Techstars and Turned Them Down by abstein2 on Friday October 03, 2014 @08:19PM (#8408322)
> I also think the founders know better where the time needs to be spend and at what stage they should focus on PR.

If that were the case then accelerators wouldn't exist and the "national rate of failure for startups" wouldn't be 75 to 90%.

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