
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.
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Entrepreneurs are invited to the 721st FREE online 1Mby1M Mentoring Roundtable on Thursday, April 2, 2026, at 8 a.m. PDT / 11 a.m. EDT / 4 p.m. CET / 8:30 p.m. India IST.
If you are a serious entrepreneur, register to Pitch and sell your business idea. You’ll receive straightforward feedback from Sramana Mitra, advice on next steps, and answers to any of your questions. Others can register to Attend to watch and learn.
You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Please share with any entrepreneurs in your circle who may be Interested.
You can listen to this week’s recording here.

During this week’s roundtable, we worked on three very different businesses. The third of these was a fat startup in need of pre-seed funding with very little validation. As discussed, it is excruciatingly difficult to fund unvalidated ideas. You can listen to the discussion for more color on the subject if this is something you are trying to achieve. We also have a number of case studies of Fat Startups in our curriculum and in a Udemy course.
Investors fund traction, not concepts. Funding before validation dramatically increases risk and decreases leverage. This is where many founders face a core strategic question: Are you funding a business or funding a team with an idea? Bootstrapped founders often grow more slowly at first, but they build clarity, repeatability, and capital efficiency before raising money. That discipline creates stronger positioning and better fundraising outcomes later.
>>>This article is an overview of a series of articles summarizing the top startup accelerators in Trivandrum for bootstrapped and solo founders, comparing them to 1Mby1M.
Guest Author Kaushank Nalin Khandwala | Reviewed by Sramana Mitra

This Trivandrum series highlights startup accelerator programs that are particularly relevant for Trivandrum-based founders, including virtual accelerators, non-equity programs, and platforms that support bootstrapped and solo entrepreneurs. The focus is on accelerators that emphasize customer validation, revenue-first thinking, and long-term value creation, rather than short-term demo-day outcomes.
>>>This article summarizes the top startup accelerators for bootstrapping before blitzscaling in Trivandrum, comparing them to 1Mby1M on key dimensions like bootstrapping alignment.
By Guest Author Kaushank Nalin Khandwala | Reviewed by Sramana Mitra

In “The Accelerator Conundrum,” Sramana Mitra highlights a recurring distortion in the startup ecosystem:
Many accelerators push founders toward premature scaling, before they have achieved validation and revenue stability.
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This articles summarizes the top startups accelerators for solo founders in Trivandrum, comparing them to 1Mby1M accross key dimensions like equity, solo founder-friendliness, stage, and focus area.
By Guest Author Kaushank Nalin Khandwala | Reviewed by Sramana Mitra

In “The Accelerator Conundrum,” Sramana Mitra questions whether modern accelerators are truly designed for founder success—or for institutional and investor signaling.
How well do they support solo entrepreneurs?
Trivandrum, with its strong government-backed ecosystem, offers multiple entry points for founders. But most of these systems are implicitly designed for teams, cohorts, and institutional pipelines.
>>>This article summarizes the top startup accelerators for long-term mentoring in Trivandrum and compares them with 1Mby1M across key dimensions.
By Guest Author Kaushank Nalin Khandwala | Reviewed by Sramana Mitra

In “The Accelerator Conundrum,” Sramana Mitra highlights a structural issue in the accelerator model:
>>>Most programs are optimized for short-term cohorts, not long-term founder development.
This article summarizes top Startup Accelerators for the marathon in Trivandrum and compares them with 1Mby1M.
By Guest Author Kaushank Nalin Khandwala | Reviewed by Sramana Mitra

In “The Accelerator Conundrum,” Sramana Mitra points to a fundamental misalignment in the startup ecosystem:
Most accelerators are optimized for short-term velocity, while startups require long-term endurance.
Trivandrum, with its strong institutional and government-backed infrastructure, offers multiple programs that extend beyond typical 3-month cohorts. But the key question is:
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