Accelerators · Startup Accelerators

Y Combinator vs. Techstars?

Anonymous

August 31st, 2016

I am thinking about applying to one of them. Which one would you recommend and why? Thanks so much for your help with this. Really appreciate your responses. 
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Viet Ngo Software

August 31st, 2016

Totally agree with Nedkov sharing, they are top accelerators but also have some weak areas.. So you need to get to know the accelerators in details, what is their strong area of expertise, and how they help your business success. The best one is the one most suitable for your business..  

Alejandro Cremades I am driven by solutions to very complex problems.

August 31st, 2016

It really depends on the type of business that you are building and also the type of market or region that you want to tackle first due to the potential resources that can help you in the journey.

For example, if you are doing fashion or fintech probably the East Coast is the place to go and you might want to consider Techstars. SaaS and other type of ventures might be better suited to grow in the West Coast and you should go to Y Combinator.

Rod Abbamonte Co Founder at STARTREK / @startupHunter / @startupWay / @CoFounderFound / @GOcapital / @startupClub / @lastminute

September 1st, 2016

Depend for what.

Daniel Morden

September 3rd, 2016

Yes it depends on what you are doing, but personally I would apply to Techstars. I think the network which Techstars has is much more diverse.  They have offices all over the world, and programs for niche things such as IoT, mobile, etc. They also partner with big name companies so if you need high level contacts within Fortune 500, this is also a plus.  Y-Combinator is great, but is very Silicon Valley focused.

Nedko Nedkov Brandvertisor: Free Ads Management for Startups

August 31st, 2016

:)
Both are institutions..
YCcombinator is in SF bout tech solutions.. Better valuations in 2nd rounds.
Techstars is in multiple niches in different cities.. NYC is about Media & Ad-Tech.

Really depends what your startup actually needs.
But seriously those 2 accelerators are like the diamond in accelerators..
You need to prepare separately for each of them, know mentors & startups teams from each, communicate for months to follow their requirements and keep upgrading few times till you apply multiple times or generate enough traction and call the mentors through Clarity.fm with needed confidence before applying :)

Accelerators do not care of ideas, eventual team built or some beta with small userbase nowadays, especially YC & TS. Generate revenues, exponential growth and network among their offline events so you have any chance to get in.

But make sure to follow your niche mentors & accelerators, do not choose just the very famous 3 :) Good Luck.