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Why the Accelerator Model is Broken—and how 500 Startups is Fixing it

500

It’s what led me to San Francisco, and, ultimately, what drew me to 500 Startups. When I moved to San Francisco in 2012, I was working on my fourth startup and looking to join an accelerator. But from a young age, going against the grain was in my DNA.

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Gener8tor is the biggest startup accelerator you’ve never heard of…

TechCrunch

One of the ways that those pots of cash are being invested is through venture capital, which means the money flows to the coasts — New York, Boston, Silicon Valley. For the past decade, Gener8tor has been working to shift that by spinning up accelerators in local communities that have money but are underserved in terms of startup support. .

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Is there a future in light-powered AI chips?

TechCrunch

In a 2019 analysis, OpenAI found that from 1959 to 2012, the amount of power used to train AI models doubled every two years, and that the power usage began rising seven times faster after 2012. It’s already causing strain.

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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. According to her, other people working for The Family have asked several times to see documents that proved that investments went through.

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Meet Seoul-based accelerator SparkLabs’ 19th batch of startups 

TechCrunch

SparkLabs Korea , a Seoul-based seed to early-stage accelerator, held a demo Day on Thursday for its 19th cohort of companies. The latest demo day marks its tenth year after SparkLabs launched its accelerator program in December 2012. and Asia. .

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Formwork Labs aims to build ‘the YC of construction tech’

TechCrunch

For starters, Formwork Labs will select five pre-seed companies to participate as a cohort in its immersive, 10-week startup accelerator program. But the firm will commit to investing up to 25% of the next round of qualified funding. investors,” he said. “So

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Highlights from Berkeley SkyDeck’s virtual demo day

TechCrunch

Founded in 2012, the accelerator is focused on developing early-stage companies tied to the University of California system. Attending a remote startup accelerator is absolutely worth it. The 17 startups presenting today were whittled down from 1,850 applicants, according to the accelerator.