Earlier quoted context omitted.
https://angel.co/socraticlabs seems to fit the bill. Of course, keep in mind that this could very well not be the accelerator.
The MD seems to have confirmed it: https://twitter.com/heatherg/status/373318278833135616 "I've emailed @davidcohen and asked him whether he would be willing to share my response. Awaiting word."
A horrifying startup accelerator story
121–130 of 146 posts
Re: A horrifying startup accelerator story
#122Earlier quoted context omitted.
I understand urge for anonymity in these stories but I think it would be really helpful If the names of these accelerators where disclosed so people don’t fall into the same situations. I know "clues" are provided in both scenarios but there are literally dozens of accelerators out there (four alone in La area that I know of) some of which a couple of my friends have applied too. Avoiding these type landmines should…
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 buddies a year from now probably won't know any difference. And if I'm remembered, at best, I'll just be perceived as a disaffected applicant. I don't know that there's a good solution to this. I wish pud's fuckedcompany still existed, and there…
Re: A horrifying startup accelerator story
#123Re: A horrifying startup accelerator story
#124Re: A horrifying startup accelerator story
#125I'd just like to say that the reason I created Seed-DB ( http://www.seed-db.com ) is because the world of seed accelerators should be more transparent. I've currently got a list of 170+ accelerators around the world, and the list makes it pretty clear which ones get results and which don't. (Or don't care enough about publicizing results). If you have any feedback for me as to what would be useful to you when choosin…
This is probably complicated by the fact that many of the smaller acquisitions (Also it looks like companies which are very valuable but not formally exited yet (AirBNB, Dropbox etc.) aren't accounted for here... a column for "current portfolio valuation" might be more valuable. Again, if it were ever possible to put such a thing together accurately, which I doubt.
Re: A horrifying startup accelerator story
#126Re: A horrifying startup accelerator story
#127Earlier quoted context omitted.
Paying someone for access never ends well. Do you think the people whose access is being sold are happy with the arrangement? By definition you're entering into a sleazy area. This is why apartment brokers selling access to apartments are sleazy.
Probably not in the US, but keep in mind that very often in many other places, what the person selling access is also doing is screening for the person whose access is being sold. This sort of arrangement works pretty well if the person selling the access is actually offering a decent service to both sides. However, it needs to be mutual, pre-arranged, and with plenty of duties all around (in most of the world "dutie…
http://www.telegraph.co.uk/finance/newsbysector/banksandfina...
Re: A horrifying startup accelerator story
#128Have fun figuring out which one it is: http://www.seed-db.com/accelerators
https://angel.co/socraticlabs seems to fit the bill. Of course, keep in mind that this could very well not be the accelerator.
1. an edtech accelerator embracing lean startup practices. 2. a collaborative coworking community in NYC dedicated to education entrepreneurship. 3. a campus focused on learning technology. 4. the birthplace of the future of learning.
One thing I do notice is there's a fine line between "We have 60% of the stuff figured out, and will make up the rest of the 40% as we go" and going 40/60 instead. One is an ambitious startup, the other is a scam.