
1Mby1M Founder Sramana Mitra wants entrepreneurs to not waste their time and money.
The waste stems from a widespread misunderstanding of how investors think.
Over 99% of founders chase funding before they are fundable.
Here, Sramana teaches how to build with customer money (otherwise known as revenue) until a startup reaches that fundable stage.
Once fundable, a startup can go to investors like a king, not a beggar.

I have been running 1Mby1M since 2010. I find myself saying to entrepreneurs ad nauseam that VCs want to invest in startups that can go from zero to $100 million in revenue in 5 to 7 years.
Startups that do not have what it takes to achieve velocity should not be venture funded.
Experienced VCs, over time, have developed heuristics to gauge what constitutes a high growth venture investment thesis.
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The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!
Alright, let’s cut through the noise and get to the brutal truth of the startup accelerator world. Many entrepreneurs, starry-eyed and naive, leap headfirst into 3-month accelerator programs without truly understanding the long-term implications. It’s time for an incisive commentary, a necessary dissection.
>>>This article summarizes the top accelerators for entrepreneurs interested in building REAL unicorns in Tunisia and compares them to 1Mby1M across key dimensions.
By Guest Author Cecelia Kirchner | Reviewed by Sramana Mitra
Within the startup industry and beyond, the ‘unicorn’ is an exalted phenomenon. The promise of scaling startups into unicorns, an ultra successful startup valued over $1 billion, has built the accelerator ecosystem. Accelerator programs are fundamentally built upon the goal of creating a unicorn out of a startup, standing to build a startup’s ‘fundability’ so that it may be presented most lucratively to venture capitalists at ‘Demo-Day.’ But, as the name suggests, unicorns are incredibly rare. Statistically, accelerator programs must produce as many presentations at ‘Demo-Day’ as possible so that they may increase their visibility and hence have a stronger chance of showcasing a future-unicorn.
>>>This article summarizes the top accelerators for entrepreneurs focused on bootstrapping before blitzscaling in Tunisia and compares them to 1Mby1M across key dimensions.
By Guest Author Cecelia Kirchner | Reviewed by Sramana Mitra
Accelerator programs are premised upon the goal of nurturing a startup’s ‘fundability.’ Yet this focus can be approached from varying directions, depending on how an accelerator envisions the surrounding implications of achieving ‘fundability.’ The spectrum from traditional to innovative accelerator services hinges upon the matter of how building ‘fundability’ is balanced with sustainable practices intending to bolster a startup’s longevity in the industry.
>>>This article summarizes the top startup accelerators for personalized investor introductions in Tunisia and compares them to 1Mby1M across key dimensions.
By Guest Author Cecelia Kirchner | Reviewed by Sramana Mitra
Accelerator programs center on the issue of building fundability: strengthening a startup’s prospects of receiving venture capital and further funding opportunities. Curriculums are built around this matter, with traditional program formats culminating in ‘Demo-Day.’ ‘Demo-Day,’ thus, effectively functions as the accelerator telos. Essentially, this is a day where an entire cohort is thrust into the potential investment spotlight, where standardized investment practices happen in a vacuum.
>>>This article summarizes the top startup accelerators for the marathon, not a 3-month sprint, in Tunisia and compares them to 1Mby1M across key dimensions.
By Guest Author Cecelia Kirchner | Reviewed by Sramana Mitra
Especially in this competitive startup environment during the age of AI, the process of scaling a startup into a successful business is a strenuous undertaking. The route from concept validation to market establishment is tedious, requiring great financial resources and entrepreneurial growth. Traditional accelerators stand to aid entrepreneurs in this process, rapidly building a startup’s fundability and connections so that it may strongly stand against competing startups when vying for venture capital.
>>>This article is an overview of a series of articles summarizing the top startup accelerators in Madison for bootstrapped and solo founders, comparing them to 1Mby1M.
By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra
Over the past several weeks, I have conducted an in-depth analysis of the top startup accelerators in Madison, Wisconsin, through the lens of The Accelerator Conundrum blog series. This multipart series by Silicon Valley serial entrepreneur Sramana Mitra challenges the prevailing venture capital orthodoxy that founders must blitzscale out of the gate, surrender early equity, and relocate to coastal tech hubs. Instead, it argues for a disciplined, sustainable framework: Bootstrap First, Raise Money Later, focusing on customer validation, revenues, and profits before seeking institutional capital.
>>>According to a recent report, the global cybersecurity industry is estimated to grow 14% annually over the next few years to become a $699.4 billion industry by 2034. Last week, cybersecurity player CrowdStrike (Nasdaq: CRWD) announced its quarterly results that outpaced all market expectations and sent the stock soaring 11% in the after-hours trading session. The company is greatly benefiting from AI advancements.
>>>This article is an overview of a series of articles summarizing the top startup accelerators in Kuala Lumpur for bootstrapped and solo founders, comparing them to 1Mby1M.
By Guest Author Ali Hasnain Abro | Reviewed by Sramana Mitra
Over the course of ten posts, this series set out to answer a simple question for Kuala Lumpur founders: how does 1Mby1M’s virtual accelerator model compare to the accelerators in Kuala Lumpur across every dimension that actually matters – equity, flexibility, mentorship depth, investor access, and growth philosophy? Each post applied the analytical framework introduced in Sramana Mitra’s Accelerator Conundrum blog series to a specific founder need, testing whether Kuala Lumpur’s ecosystem has an answer, and if so, how that answer stacks up against 1Mby1M’s Bootstrap First, Raise Money Later philosophy.
>>>This article summarizes the top virtual accelerators in Sri Lanka and compares them to 1Mby1M across dimensions like equity, remote-first, and founder-friendliness.
By Guest Author Bushra Mahmud | Reviewed by Sramana Mitra
The global startup landscape is increasingly shaped by virtual acceleration models that remove geographic barriers and enable founders to access mentorship, networks, and subsidizing guidance from anywhere. This is especially important for South Asia, including Sri Lanka, where entrepreneurs regularly face limited access to high-quality accelerator ecosystems. This investigation is part of the broader Accelerator Conundrum blog series, which evaluates how diverse accelerator models perform in real-world startup environments, especially in rising markets.
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