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The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. Network effects have evolved, moving away from the traditional physical spaces to digital ones. Angel investments in 2022 equaled those from 2006 to 2011 combined. the free YC Startup School courses). Crowdfunding witnessed a 2.4x

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What Future for Accelerators?

Both Sides of the Table

Accelerators have had quite a good run the past 5+ years. Not just Y Combinator and TechStars but a host of other accelerators across the country. By 2011 the market had started to change dramatically. By this time many accelerators were being created nationally and a few were getting off the grounds in LA, too.

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SentinelOne scoops up Attivo Networks for $617M

TechCrunch

Security companies typically start by focusing on one particular problem, but the biggest ones like Palo Alto Networks, FireEye and Symantec have shifted to a horizontal approach, typically gaining functionality over time through acquisition. Attivo launched in 2011 and raised more than $60 million along the way.

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Paris-based accelerator The Family sues co-founder Oussama Ammar

TechCrunch

The Family co-founder and CEO Alice Zagury announced in a blog post that the French startup accelerator is suing Oussama Ammar for multiple claims — breach of trust, forgery and use of forgery. Back in 2011, Ammar used to work for a company called Be Sport. Since 2020, we have been trying to find an amicable solution.

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Startup Business Funding: 5 Business-Breaking Misconceptions

Dream It

NOT spending time on the accelerator building the product. The most valuable resource the accelerator provides is the network, so use all my time to navigate that network. Being self-sustainable has given us a new perspective on startup funding, especially compared to what I experienced on my first accelerator run.

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GoCardless raises another $95M as it bets on open banking alongside its recurring payments network

TechCrunch

However, I understand the round values GoCardless at just over $970 million, meaning that the 2011-founded fintech is perhaps best described as a soonicorn (presuming these things are important to you). By adding bank-to-bank payments to its stack, GoCardless is continuing to push up against the card network duopoly of Visa and Mastercard. “We

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Hyundai’s Asan Nanum Foundation’s “Asan Voyager” Program Propels Korean Startups into Global Markets

AsiaTechDaily

Founded in 2011 to commemorate the legacy of Hyundai founder Chung Ju-yung (Asan), the foundation has been a driving force in fostering innovation and entrepreneurship in South Korea. Understanding the importance of local networks and expertise, Asan Voyager goes beyond financial assistance.

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