To accelerate or not? My Point of View on accelerators is that founders need to be extremely committed to extracting the maximum value from the accelerator resources on one of three vectors. 1) Product Development MVP 2) Customer-User Acquisition 3) Closing Seed financing Ranked in order as MVP allows users, user traction leads to investors. You can only Major in one, with a Minor in the second. Three patterns: 1) MVP with customer/user validation, 2) User Traction with Funding, and 3) Funding with User Traction. Without deliberate team alignment to a committed major-minor focus, the accelerator value is not likely realized. Its accelerator selection season. I hope this helps you think about the process if you are in it. Reach out if you want to swap points of view to see what we can learn.
Scott Howard 🍁/acc’s Post
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