The best accelerator programs invest in their invitees, but the way accelerators invest and the mindset behind their investments is vastly different than venture capital funds and Angels, and a vastly superior process. Three key differences are: Batches Accelerators run cohorts of participants and thus choose companies in batches. Venture capital funds (and Angels, which follow the model of VCs...
It’s a new year, but another year full of unknowns, pandemics, and thus challenges for scheduling startup accelerators. In 2021 most of the Fledge programs were shelved, with Start.coop and The Land Accelerator running multiple virtual programs and The Land Accelerator Africa finishing up its program in person in Nairobi in November. Those two programs will run again in 2022. Hopefully the...
One of the most common problems faced by the fledglings is large, unexpected orders by customers. How is that a problem? Big customers don’t pay upon ordering, nor upon delivery, but typically 30 or 45 or 60 days after delivery (a.k.a. Net-30, Net-45, or Net-60). It thus takes money to make money, as young companies can’t typically pay the same Net-30/45/60 to their vendors. The...
Crowdfunding is now working at scale… and at the moment there are three campaigns underway for fledglings, including one that covers 27 African fledglings. wefunder.com/arqlite wefunder.com/shift.labs wefunder.com/africaeats Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share...