Confused about incubators, accelerators, and all the in-between types of places geared for startups out there? Well, maybe this video won’t clear that up but it will give you some good laughs.
At the recent panel discussion “Incubator Summit: How to Choose the Right Incubator for your Startup“, some great entrepreneurs discussed what characterizes incubators, co-working locations, accelerator, and also talked about what makes for great entrepreneurs.
Participated Adeo Ressi (Founder Institute), Dave McClure (500 Startups), Jonathan Abrams (Founders Den), Kindra Tatarsky (Astia), and Cameron Teitelman (StartX). A great exchange of ideas (especially since the panelists didn’t necessarily agree with each other) and good content worth checking out.
Click below to go to the video page.
Posted in Funding, Incubators
Tagged 500 startups, accelerator, adeo ressi, astia, cameron teitelman, coworking, dave mcclure, founder institute, founders den, incubator, jonathan abrams, kindra tatarsky, startx, ycombinator
If you’re in San Francisco and wished you could join an incubator but for any reason you didn’t, now there’s another option. Hackers & Founders “The Co-Op” is a different type of incubator, focusing more on business advice than in giving you money, is an interesting proposition.
How The Co-Op Works:
- Founders in The Co-op get together for weekly dinners where they listen to speakers and mentors and become a community.
- Founders are encouraged to become advisers in each other’s companies by trading small (0.25% to 0.5%) equity stakes.
- After working together on things like learning how to pitch and present, as well as the ropes of funding, founders are connected to the investment community (office hours are setup with a prominent angel in the community, personal introductions are made and AngelList).
- Towards the end of the program short video pitches are made and investors can view them online.
- Finally, there’s a party where investors meet founders in person.
For a full description and the history behind this new incubator-style program, check out the full article on Hackers & Founders site.
An interesting article appeared recently on Wired Magazine talking about YCombinator. If you’ve been following the incubator for a while, there’s not much new but it gives a nice account of how the demo day works, the internal meetings, and a bit of what it feels like to be part of the lucky ones that make the cut and are accepted into the program.
Link to the story “YCombinator is Bootcamp for Startups“: