Remove 2013 Remove consulting Remove investing Remove mentorship
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Free Money for Student Tech Founders

David Teten VC

At Versatile VC, we particularly like investing in “dual-PhD” problems, at the intersection of multiple domains. Participants from all over the world are eligible to compete for more than $100,000 in prize money and also receive mentorship and other resources. It provides mentorship, networking, and equity-free grants up to $50,000.

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What Future for Accelerators?

Both Sides of the Table

There were a lot of requests for us to turn our mentorship program into a physical accelerator with a fund, office space and full-time staff. Adam had a full time startup and then was doing consulting (he later raised a VC fund). Throughout 2012 & 2013 we funded many companies and then pulled together a second fund.

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How Boards Need to Evolve Over Time

Both Sides of the Table

With small amounts of money invested (sub $3 million) the risks are reasonably low for most VCs and the consequences of bad decisions or decisions a VC has limited say in is tolerable. Mentorship. As we have invested millions in building out our sales organization efficiency really matters. As You Start to Mature.

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