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October 30, 2016

[Video] How do you choose an accelerator for your company? – Bobby’s Minute, ep. 38

You should not waste time by waiting for a spot in the most famous accelerators.

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Transcript:

How should you choose an accelerator for your company? The best accelerator for your company is the one can get into. And the reason for that is that during the accelerator you’re gonna focus on your product. This is what you’re gonna do every day you’re going to create your network, a network that usually you don’t have already.

So any accelerator that you can get in, no matter how young, no matter how close to home it is, it’s a good thing for the company. It helps you understand what your company is about, it helps you understand what your team is about, so it helps you move forward. If you keep waiting for the best accelerator to come you might never get into one. Accelerators like Y! Combinator, like Techstars, like Startup Bootcamp, they accept a small number of companies.

If you wait for them to accept you, you might wait for several years and your company might die until you get into it. So, if you think an accelerator is a good thing for your company, just go to the accelerator that you can get into and use the time to move your company forward.

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