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How to run a startup accelerator

Founders Coop

One of the questions I heard most often from commenters was: “if Techstars is an example of a failed accelerator, what does a good one look like?” This post is an effort to unpack what’s required of a startup accelerator to truly serve the needs of high-performing founders. Step 3: Give good advice Most startup advice is bad.

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Startup accelerators’ definition of ‘value add’ is due for a refresh

TechCrunch

Even to outsiders, the inner workings of startup accelerators has become familiar: pumped up on camaraderie and energy drinks, scrappy founders do product demos onstage before a room full of buzzy journalists and investors. We always tell startups to stay small and manage their budgets carefully.

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This is the Dumbest Op Ed I’ve Read in a While

Both Sides of the Table

I think his advice is this op-ed is bananas. I have even had to get physical security advice from some of the crazy. I try to speak at universities, high schools, startup accelerators?—?as He has a startup you’re going to love. It’s not under the definition of crazy per Adam’s op-ed. No, it’s not fun.

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The idea that university degrees don’t matter is a Silicon Valley fantasy

TechCrunch

Silicon Valley’s undisputed leading startup accelerator is Y Combinator. As I dug into this definition, it often revolved around how compelling the academic credentials of the founder were. The best advice is followed by those who give it — only then do you know it is battle-tested.

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The latecomer advantage in startups

TechCrunch

In the rest of this newsletter, we’ll talk about chief inspiration officers, growing startup accelerators and a rare buzz we’re hearing about one tech company and its public market wishes. All to say, there’s definitely an opportunity to find talent if you are hiring. As always, you can follow me on Twitter or Instagram.

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Set local traction before venturing overseas – John Lim, Partner, Meet Ventures, tells startups

AsiaTechDaily

. “If you can’t generate demand locally, it is usually even more difficult to generate demand overseas,” Lim said, adding that many good Series B/C startups he has come across already have significant traction at home before they embarked on overseas expansion. Sustainability is definitely an area to look at.

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Lili, a neobank aimed at freelancers, raises $55M as it passes 200K users

TechCrunch

That list of past backers includes Zeev Ventures, Foundation Capital and the Google for Startups accelerator.) “We were definitely in the right place at the right time,” she said. The company has now raised $80 million and is not disclosing its valuation yet. Which neobanks will rise or fall?