Sometimes, a startup is not yet ready for VC money. We help this startup get in shape first. We look at where they're at right now, where they need to be, and what they need in order to get there. Then we hold their hand and make it happen.
Accelerator – resources matching
What's the main reason for a startup to join an accelerator? That's right ~ to maximize valuation and to increase the chance of finding the funding needed to step up to the next level. Of course, the office space is nice; the networking events are nice; the demo day is nice. All of these, however, aim for the final goal: money.
Therefore, we cut right to the chase. We utilize our networks and our mentorship to find you money (as well as channels, suppliers, future exit opportunities ... etc). In exchange, we take a 5% ~ 10% stake of your post money equity (in terms of equity, cash, or a combination of both), ONLY if we get you funded. That's right: to put our money where mouths are, we don't take anything unless we get you funded. This is unlike other accelerators who take 5% ~ 10% right off the bat.
VC: Investment funds
Investment of $30k ~ $3M depending on stage. More or less is possible on a case-by-case scenario.