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Why the Accelerator Model is Broken—and how 500 Startups is Fixing it

500

It’s what led me to San Francisco, and, ultimately, what drew me to 500 Startups. When I moved to San Francisco in 2012, I was working on my fourth startup and looking to join an accelerator. When I moved to San Francisco in 2012, I was working on my fourth startup and looking to join an accelerator.

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Gener8tor is the biggest startup accelerator you’ve never heard of…

TechCrunch

For the past decade, Gener8tor has been working to shift that by spinning up accelerators in local communities that have money but are underserved in terms of startup support. We spoke with the Gener8tor founders about why they are passionate about thinking about the startup ecosystem a little differently. Lather, rinse, repeat.

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Meet Seoul-based accelerator SparkLabs’ 19th batch of startups 

TechCrunch

SparkLabs Korea , a Seoul-based seed to early-stage accelerator, held a demo Day on Thursday for its 19th cohort of companies. The latest demo day marks its tenth year after SparkLabs launched its accelerator program in December 2012. SparkLabs launches $50M fund for promising early-stage startups in Korea. and Asia. .

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Paris-based accelerator The Family sues co-founder Oussama Ammar

TechCrunch

The Family co-founder and CEO Alice Zagury announced in a blog post that the French startup accelerator is suing Oussama Ammar for multiple claims — breach of trust, forgery and use of forgery. The Family was originally founded in 2012 with three co-founders — Alice Zagury, Oussama Ammar and Nicolas Colin.

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4 lessons I learned about getting into Y Combinator (after 13 applications)

TechCrunch

As of January 2021 , the accelerator has helped create 60,000 jobs, has 125 companies valued over $150 million, and has facilitated top exits totaling more than $300 billion. Graham had written a lot of online essays and resources for startups. If you care about remote employees, start tracking their performance.

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Is there a future in light-powered AI chips?

TechCrunch

In a 2019 analysis, OpenAI found that from 1959 to 2012, the amount of power used to train AI models doubled every two years, and that the power usage began rising seven times faster after 2012. It’s already causing strain.

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Highlights from Berkeley SkyDeck’s virtual demo day

TechCrunch

Founded in 2012, the accelerator is focused on developing early-stage companies tied to the University of California system. Attending a remote startup accelerator is absolutely worth it. The 17 startups presenting today were whittled down from 1,850 applicants, according to the accelerator.