Accelerators · Startup Accelerators

What is the most important help you want to get out of an accelerator (except for money)?

Shahar Namer CEO at The Valley Labs

September 30th, 2016

I am asking this community because we are launching a new acceleration program, investing $50k per startup and representing the next generation of accelerators - The Valley Labs   so we want to hear from co-founders what is the most important thing for them when it come to acceleration....after running a few accelerators over the past few years we think we have an idea of what added value startups are looking for but it always helps to hear more from different people.

Dimitry Rotstein Founder at Miranor

September 30th, 2016

A couple of years ago I would have said mentorship, but now I feel that I have enough experience and access to information to pull it off without one (not that I don't need it at all). Still, for novice entrepreneurs mentorship is crucial, if it's good, of course.
And now I'd say the Demo Day packed with investors and the real possibility of closing round A on the spot is the main attraction.
That being said, perhaps even more importantly for me at this point is a help with building a team. I know it's well outside of the accelerators' comfort zone - they usually accept only ready-made teams, in fact the team quality is probably the main criteria for admission. But what if a solo founder comes to you with a product prototype which already has users and revenues, i.e. a validated concept and business model. Would you accept such a founder and help him/her to find co-founder(s)? That might be a great help, I think.