The traditional accelerator model is broken. By demanding 7% to 10% equity at the pre-revenue or pre-product stage, equity-charging accelerators initiate an aggressive dilution clock that often leaves founders with little control over their own destiny. This Venture Trap manufactures Zombie Startups, companies that are operationally stuck because they scaled before achieving repeatability. In my
Online mattress is one of the hottest e-commerce categories, and here is yet another one delivering venture-scale growth without venture capital. Tuft & Needle Co-founder JT Marino shared his story with me in 2017. If you’re inspired by Tuft & Needle’s bootstrapped success, explore how a virtual accelerator for solo founders or an equity-free startup
Mohanjit Jolly, Partner at Iron Pillar, discusses his firm’s growth stage investment thesis.
In case you missed it, you can listen to the recording of this roundtable here: