
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.
>>>Microsoft (Nasdaq: MSFT) announced its third quarter results that outpaced market expectations. But its outlook for the current quarter was not that impressive.
>>>MENLO PARK, CA – Leading entrepreneurship expert Sramana Mitra today released a strategic analysis of the significant rise in solo-founded startups, backed by recent industry data from Carta. According to the findings, solo founders accounted for 36% of all new company incorporations in the most recent market cycle, a figure that has doubled over the last decade.
This shift marks a fundamental change in the startup ecosystem, where advanced methodology and AI-driven tools are now replacing the traditional requirement for multi-person founding teams. 1Mby1M is positioning its virtual, equity-free accelerator as the institutional standard for this growing demographic of individual entrepreneurs.
>>>Not every startup accelerator is designed for every founder. Entrepreneurs across the world face very different realities depending on geography, funding access, business model, team structure, and personal financial circumstances. Choosing the wrong accelerator can waste time, create pressure to pursue the wrong strategy, and push founders toward goals that do not align with sustainable business growth. To help entrepreneurs make more informed decisions, we have launched several new FREE Udemy courses focused on evaluating startup accelerators from multiple founder perspectives.
These courses explore accelerator selection for Indian founders, African founders, solo founders, entrepreneurs bootstrapping with a paycheck, and founders seeking alternatives to Y Combinator. Each course provides practical frameworks for evaluating mentorship quality, funding expectations, equity tradeoffs, business model alignment, and long-term scalability. Whether you are building a bootstrapped company, pursuing revenue-first growth, or navigating startup ecosystems outside Silicon Valley, these courses are designed to help you identify accelerator programs that genuinely support your entrepreneurial goals.
Plus, save up to 85% on the following courses this month with limited-time coupon if you enroll by May 31, 2026.
Accelerators:
How to Evaluate an Accelerator for Indian Founders: FREE
>>>Entrepreneurs are invited to the 726th FREE online 1Mby1M Mentoring Roundtable on Thursday, May 14, 2026, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 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.
In case you missed it, you can listen to the recording here:

During this week’s roundtable, we kicked off the session with a discussion of research we’re publishing based on Carta data that has been published this year. Our key conclusion is that Startup Accelerators Should Be Equity-Free. By charging 7-15% equity for small capital injection, accelerators are setting entrepreneurs up for failure.
Please read these two important research papers:
Last week, Amazon (NASDAQ: AMZN) announced its quarterly results that continued to outpace market expectations. The company is investing significantly in future offerings and recently announced the acquisition of Globalstar, the biggest acquisition it has ever made. Earlier this week, it also announced plans to launch its logistics network to all businesses.
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Earlier this week Meta (Nasdaq: META) announced its first quarter results that outpaced the market. But disappointing usage metrics sent the stock down 7% in the after-hours trading session.
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