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The biggest moonshots from 500 Global’s latest Demo Day

TechCrunch

It’s demo day season. This morning marked the kickoff of VC firm 500 Global’s Fall 2022 Demo Day, which saw over a dozen startups give their best pitches to prospective investors — and customers. 500 Global, formerly branded under 500 Startups , has an accelerator that competes with YC.

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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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Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much more

TechCrunch

Demo days at startup accelerators are a pretty big deal around here. Here’s just one example from Y Combinator’s Summer 2013 Demo Day: Positioning itself as the “FedEx of today,” it hopes to provide a logistics framework that goes beyond food and can be used for any type of on-demand order. Omnitron Sensors.

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

AsiaTechDaily

Register Startups looking at going global should first establish proof of local traction before doing so, John Lim , Partner at Meet Ventures , said in an interview with AsiaTechDaily. Meet Ventures is a consultancy firm that specialises in running startup accelerators and market access programs.

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The Mint, started by Better Tomorrow Ventures, wants to be the accelerator fintech needs

TechCrunch

Better Tomorrow Ventures’ Sheel Mohnot landed some of his biggest wins before he ever started a venture firm. The investor previously worked as a partner at 500 , previously known as 500 Startups, where he raised and ran a dedicated fintech fund as well as helped build an accelerator. million valuations.

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Y Combinator narrows current cohort size by 40%, citing downturn and funding environment

TechCrunch

Amos said that the economic downturn and changes to the venture funding environment caused YC to reduce the number of companies funded between W22 and S22. In May, the accelerator advised its portfolio founders to “plan for the worst.” The S22 batch is significantly smaller than our most recent batches.

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Everyone is drafting their own startup Black Swan memo

TechCrunch

You can often pick up significant market share in an economic downturn by just staying alive,” top startup accelerator Y Combinator wrote in an internal e-mail to its founders this week. The advice was one of ten bullet points in a memo meant to help companies navigate the economic downturn crushing tech. Across the week.

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