Viewing profile — accelanon

Oh, this is great. I'm going to look through it more deeply through the lens of my experience and give some feedback via email. Thanks for sharing!

I agree, but I'm not sure I'm in a position to do much were I to disclose the name. A comment or a story on HN! We'll all guffaw and shake our heads; then we'll move on. Your buddi…

No offense taken. Just remember that I'm still the little guy here, as are many others who feel they have to share anonymously. I don't have a large fund. I don't have lots of grea…

The other thing to keep in mind is that the accelerators work something like this: 1) Fund a bunch of companies with the expectation that maybe 1 in 10 will succeed. 2) When the ot…

Funny enough, this all happened in Los Angeles. :)

The convertible note was for $40,000, so they definitely had the money to spend if they were fully serious. I think they just played hardball. There's no real legal recourse. I ask…

I wish I knew. I think in our case it was the mentor. My guess is that they sent news of the great new deal out to all their mentors after we signed the note. The mentor got it in …

My experience was not nearly this bad, but still horrifying for me, my co-founder, and our families. We had been talking off and on with an accelerator for about a month. We had pi…