brian is live on unlonely pfp
brian is live on unlonely
@briang
got into techstars web3 accelerator got a great vibe from them but the terms aren’t ideal anyone here have experience with them? would recommend/would not
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brian is live on unlonely pfp
brian is live on unlonely
@briang
thanks for the thoughtful responses still making a decision, exciting announcement(hopefully) coming soon
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Tayyab - d/acc pfp
Tayyab - d/acc
@tayyab
What decision did you make?
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daniel pfp
daniel
@pcdkd
Was in the first techstars web3 cohort in 2019. AMA.
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nulladdr.eth
@void
why aren’t the terms ideal? lowball?
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Matt Galligan pfp
Matt Galligan
@mg
Congrats! I was in the first class of TechStars in 2007. My advice would be don’t worry too much about the terms. The mentoring, experience, network, etc. will pay for itself.
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Maybe Im Wasabi〽️ pfp
Maybe Im Wasabi〽️
@maybeimwasabi
Another way to think about it: do you need to accelerate? Are you building a fast scaling startup? or a lifestyle business? - in other words: do you want a chance at a big piece of a small pie, or small piece of a big pie?
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Maybe Im Wasabi〽️ pfp
Maybe Im Wasabi〽️
@maybeimwasabi
Congrats! My 2 cents: as a startup your most important resource is time. If techstars vs. your current network can accelerate you meeting the right people to: raise more, sell more, hire better, then it is worth it. Because there is always at least one other co building the exact thing you are, right now.
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Ben pfp
Ben
@benersing
Congrats!
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Uncle Davo pfp
Uncle Davo
@uncledavo
Well deserved! Tuned into a few Unlonely streams and really enjoy it 🫡🙏
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whit.eth ☕️ pfp
whit.eth ☕️
@whit
I’ve worked for a few Techstars accelerators, including the first web3 accelerator Pete ran in Dublin. But haven’t gone through as a founder. It depends on where you are as a founder. Every Techstars founder I’ve spoken w/ was glad they accepted. The benefits of hyper focus, camaraderie & the network are real.
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Daniel Keller pfp
Daniel Keller
@dak
what are the terms if you dont mind me asking
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Les Greys pfp
Les Greys
@les
congrats!!
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Hidekii Tokyo Wood3.0 Sculptor
@hid
Soo coool
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Nicholas
@nintynick.eth
I like pg’s old essay on this a lot http://www.paulgraham.com/equity.html
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didnt make it pfp
didnt make it
@novack
3x accelerator participant, 1x accelerator program lead. Congrats on getting in. Accelerator investment terms are not meant to be competitive with other funding options. If you can get a seed round without an accelerator, skip it. If you can’t, do it.
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Arsham pfp
Arsham
@arsham
I don’t have experience with tech stars but recently raised and considered accelerators. Main thing you get IMO is network and access to potential cofounders. If you don’t need those, skip it
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miguelito
@mc
Congrats! Don’t have personal experience but an acquaintance (venture-backed InsurTech founder) spoke very highly of the program and recommended I look into it if CSS didn’t work out (which it didn’t).
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