YC v.s. Techstars – Comparison by a 3-time alum

thanks!

good read! Kinda want to know a bit more about 500 startups also.

are you from China? I'm. last week I went to a Stanford event with few YC founders who have Chinese background. I had the impression that only few with Chinese background succeeded to get into YC.

Do we need to incorporate the company before their interview? Or they prefer we are at a very early stage? How much do they value a prototype at the interview. I have heard different stories. Some said prototypes are very important, you need to even have some initial traction. But I have also heard people saying that the interview was very short. They asked about the idea and team, but didn't even have time to look at the demo.

Hello there! First of all, I really appreciated your article. I'm not really into this world (yet), but I think you have been able to underline differences between the two accelerators, and letting the reader "choose" which one would fit better, based on their own situation. Again, well done.

Question time: how "ready" should I be to consider to apply to an accelerator? To be more clear: is it possible to apply with a general idea and the founders? Or is advisable to apply with a well-made business plan? There is difference in this matter when applying to one or another? Consider this being asked from an "outsider" of the startup world willing to get aboard.

Many thanks in advance!