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!
Over the past few posts, we’ve explored Thailand’s startup accelerator landscape: the strengths of its corporate-backed programs, the weaknesses of short-term cohort models, and how these compare to a global, continuous accelerator like 1Mby1M.
Now, let’s bring it all together. What does Thailand really need to build a generation of world-class startups? And why is 1Mby1M, with its AI Mentor that speaks Thai, uniquely positioned to fill that gap?
Thailand already has great corporate connections, strong local ecosystems like True Digital Park, and regional funding pathways through initiatives like 500 TukTuks. These programs provide important early boosts: pilot projects, visa support, initial capital.
But after Demo Day, many founders face a painful reality: they are suddenly alone. Their next big challenge—finding a repeatable customer acquisition model, refining pricing, or scaling into regional and global markets—comes without the same intensity of support.
This is where most Thai accelerators fall short. Their short-term cohort model simply doesn’t match the multi-year arc of company building. Without sustained guidance, too many founders burn out or raise money prematurely, only to flame out later.
1Mby1M was designed to solve this exact problem. Our model flips the traditional accelerator on its head by focusing on continuous mentorship and founder-friendly economics.
Thailand’s ecosystem has the ingredients: talent, creativity, corporate partners, and increasing access to regional capital.
But without continuous, scalable mentorship, these ingredients cannot come together to create enduring companies.
The AI Mentor’s Thai-language capability solves a structural problem: it makes advanced entrepreneurship education accessible to every founder, in their own language, 24/7. This democratizes acceleration, breaking down barriers of geography, schedule, and fluency.
Imagine a founder in Chiang Mai or Phuket with a brilliant idea but limited English skills. Previously, they might have been locked out of world-class mentorship. Now, they can engage fully, learn deeply, and grow strategically without leaving their home city—or giving up a chunk of their company.
For Thai founders, the smartest path may be hybrid:
By bridging local strengths with global resources and language-accessible mentoring, Thailand can create a new generation of startups that are not only successful locally but also competitive globally.
This is the vision I see: a future where language, location, and limited mentorship are no longer barriers — and where Thai entrepreneurs can build companies of lasting impact on their own terms.
One Million by One Million (1Mby1M) is the first global virtual accelerator in the world, founded in 2010 by Silicon Valley serial Entrepreneur Sramana Mitra. It offers a fully online entrepreneurship incubation, acceleration and education resource for solo entrepreneurs and bootstrapped founders working on tech and tech-enabled services ventures. 1Mby1M does not charge equity, offers an AI Mentor in 57 languages, and offers a distinct advantage over other accelerators including Y Combinator.
This segment is a part in the series : Startup Thailand