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- The Accelerator Conundrum
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y combinator
Free Courses on Evaluating Startup Accelerators and Course Coupons
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
Build Your Company Before Chasing Venture Capital
Are you trying to get into Y Combinator? Beware, they have a 98% rejection rate. They need to see that you are building something that can be blitzscaled with gobs of venture capital. Blitzscaling, however, is NOT the only way to build a successful company. Bootstrap First, Raise Money Later is a MUCH better strategy
The Accelerator Conundrum: 1Mby1M vs Y Combinator
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
Grow Your Startup With a Paycheck
Are you still employed but dreaming of starting a company? I’m going to give you some contrarian advice: Do NOT quit your job. In 1Mby1M, we support entrepreneurs Bootstrapping with a Paycheck. There is no good reason to quit your job before validating your startup idea.
1Mby1M Virtual Accelerator Investor Forum: With Geoff Ralston, President of Y Combinator (Part 5)
Sramana Mitra: Apple SDK was one of the most successful developer platforms. Geoff Ralston: This expansion of platforms is something on which you can begin your company. We have a company called Shogun that built their business originally on Shopify and then expanded. There’s enormous availability and possibility by these platforms that get to scale.
1Mby1M Virtual Accelerator Investor Forum: With Geoff Ralston, President of Y Combinator (Part 4)
Sramana Mitra: Exactly. Our spectrum is broader. Yours is specifically the ones that who will get funding. Geoff Ralston: Forgive me, but I disagree, Sramana. You’re broader than the batch, but YC is broader than that. When I first wanted to start a company in the ‘80s, none of this content was available. Now, there’s
1Mby1M Virtual Accelerator Investor Forum: With Geoff Ralston, President of Y Combinator (Part 3)
Sramana Mitra: At 1Mby1M, we are in the pre-Series A zone. We don’t care if it’s at napkin stage. We work with that entire spectrum of pre-seed, pre series A. Typically, investors have steered clear from companies that operate in this mode. This category uses virtual company architecture extensively. What are you seeing? What is
1Mby1M Virtual Accelerator Investor Forum: With Geoff Ralston, President of Y Combinator (Part 2)
Sramana Mitra: Let me try to unpack what you said. COVID has been a gamechanger. Until COVID, you wanted people to come and be in Silicon Valley for the three-month program. What is your current perspective on geography? Can they be from anywhere? Geoff Ralston: It is certainly true that the pandemic left us with
