The Accelerator Conundrum: Navigating Your Path to Startup Success

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.

1Mby1M Udemy Courses with Sramana Mitra: Financing

Raising money to build a startup is a huge challenge. To be able to raise any money at all, you must first understand how investors think. We have developed the following courses catering to entrepreneurs in different stages of their entrepreneurial journey.

543rd Roundtable Recording with Hamiz Awan, Plutus21 Capital

In case you missed it, you can listen to the recording here:

Featured Videos

Roundtable Recap: August 26 – A Deep Dive into Blockchain Infrastructure

During this week’s roundtable, we had as our guest Hamiz Awan, Founder and Partner at Plutus21 Capital, discussed BlockChain infrastructure and platforms.

xAQUA ODT

As for entrepreneur pitches, first up was Sanjib Nayak from Sacramento, CA, pitch xAQUA ODT, a data management venture that needs precise positioning.

Silk or Lace

Next, Suran Yoo from Dallas, Texas, pitched Silk or Lace, a hair piece marketplace that is already in revenue.

You can listen to the recording of this roundtable here:

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541st 1Mby1M Entrepreneurship Podcast with Bradley Harrison, Scout Ventures

Bradley Harrison, Founder, Managing Partner at Scout Ventures, discusses how military professionals are engaging in entrepreneurship and an eco-system supporting them. Quite fascinating!

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542nd 1Mby1M Entrepreneurship Podcast with Warren Weiss, WestWave Capital

Warren Weiss is Managing Partner at WestWave Capital. We had a terrific discussion on small exits as seen by a seasoned investor.

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541st Roundtable Recording with Bradley Harrison, Scout Ventures

In case you missed it, you can listen to the recording here:

542nd Roundtable Recording with Warren Weiss, WestWave Capital

In case you missed it, you can listen to the recording of this roundtable here:

Roundtable Recap: August 19 – A Discussion on Small Exits

During this week’s roundtable, we had as our guest Warren Weiss, Managing Partner at WestWave Capital and former General Partner at Foundation Capital. We had a terrific discussion on small exits as seen by a seasoned investor.

You can listen to the recording of this roundtable here:

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1Mby1M Virtual Accelerator Investor Forum: With Ben Narasin, Founder and General Partner at Tenacity Venture Capital (Part 1)

Ben Narasin is Founder and General Partner at Tenacity Venture Capital, a new Seed fund.

Sramana Mitra: Let’s start by having you introduce yourself a little bit to our audience – both your personal background and the genesis of Tenacity.

Roundtable Recap: August 12 – Spotlight on Veteran Entrepreneurship

During this week’s roundtable, we had as our guest Bradley Harrison, Founder, Managing Partner at Scout Ventures, for a terrific discussion on how military professionals are engaging in entrepreneurship and an eco-system supporting them. Quite fascinating!

atexto

As for our entrepreneur pitch, we had Esteban Gorupicz from Palo Alto, California, pitch atexto, an AI speech recognition technology for improving the accuracy of speech applications.

You can listen to the recording of this roundtable here:

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1Mby1M Virtual Accelerator Investor Forum: With Rajeev Singh-Morales, Founder and Managing Partner at Alma Mundi Ventures (Part 1)

Rajeev Singh-Morales, Founder and Managing Partner at Alma Mundi Ventures, discusses the Europe – US bridge for tech startups.

Sramana Mitra: Your name is so interesting. It seems like there is a whole story in your name and your firm’s name. Do you want to start with a little bit of background?

539th Roundtable Recording with Geoff Ralston, Y Combinator

In case you missed it, you can listen to the recording of this roundtable here:

539th 1Mby1M Entrepreneurship Podcast with Geoff Ralston, Y Combinator

Geoff Ralston is President of Y Combinator. We had a terrific discussion on what we each are seeing in the startup ecosystem.

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538th 1Mby1M Entrepreneurship Podcast with Ben Narasin, Tenacity Venture Capital

Ben Narasin is Founder and General Partner at Tenacity Venture Capital, a new Seed fund.

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Roundtable Recap: July 22 – Conversation with Geoff Ralston, President of Y Combinator

During this week’s roundtable, we had as our guest Geoff Ralston, President of Y Combinator. We had a terrific discussion on what we each are seeing in the ecosystem.

Re:Mind

As for our entrepreneur pitch, we had Bindu Thirupathi from Bengaluru, India, pitch Re:Mind, a wellness wearable.

CultureTalk

Then, 1Mby1M Premium members Theresa Agresta and Cynthia Forstmann pitched CultureTalk, a corporate culture solution.

You can listen to the recording of this roundtable here:

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536th 1Mby1M Entrepreneurship Podcast With Rajeev Singh-Molares, Alma Mundi Ventures

Rajeev Singh-Morales, Founder and Managing Partner at Alma Mundi Ventures, discusses the Europe – US bridge for tech startups.

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