The Future of Startup Accelerators

instigatorblog.com

24 pointscmer3 comments

I've never been sold on a lot of accelerators - especially north of the border. YC and 500 clearly have a great value proposition, but up here a lot of them lack the two things I look for as a founder: meaningful connections to bluechip VCs, and a substantial convertible note. I mean let's face it: I'd rather eat glass than write a business plan for MarsDD.

Founderfuel out of montreal seems to have their shit together. 25k seed and a 150k convertible note are making it sound pretty good to me. Might even apply this time around.

A business plan should not be a requirement for an accelerator, certainly not a traditional one. A Lean Canvas on the other hand would make perfect sense.

I went through FounderFuel as part of their first cohort and couldn't speak more highly about the team there and the program.

Feel free to reach out if you want to chat. Email is in profile.

Btw, Hi Ben!

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