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The reason for thwt is that the majority startups are a collaborative process.
posted by accelerator startup Monday, 12 June 2023 16:15 Comment LinkOften, an accelerator works with startups for a short and
particular period of time (90-one hundred twenty dazys is most typical) and presents
a selected quantity of capital. There iis no such thing as a provide off capital for equity,
but there may be networking alternatives that later
lead to this. Let’s face the reality, there isn't a sch thing in the
business world. Accelerators are interesting to startups as a result of they provide a large network of
buyers and mentors whjch help startups construct their business and raise future capital.
It takes arduous work, endurance, and considerable assets to construct one.
The struggle iss especially distinguished in the first few
years when assets arre limited. They invest their time aand
sources in cohorts or classes of startups which can be operating either in similar
domains or share rather a lot in widespread. That’s why startup
accelerators are best for startups with a commplete cofounding staff, a MVP, and that need to speed up their progress (commercialise their
product / service). Certainly one of the various causes to seek out the very best enterprise mentor.