[premoney 2014] angelpad >> thomas korte, "accelerating the accelerator: new strategies...
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"Accelerating The Accelerator: New Strategies & Approaches To Rapid Growth"TRANSCRIPT
The Role of Accelerators inBuilding Lasting Companies
@thomask
Thomas Korte@thomask
Founder, AngelPad
7 years of @Google, now what?
Thomas Korte@thomask
Brief History of Accelerators 2.0
Thomas Korte@thomask
2006: Novelty
Thomas Korte@thomask
2011: Exuberance
Thomas Korte@thomask
o VC get into seed “options”o Higher Valuations & $ raisedo Hundreds of new incubators
2014: Reality
Thomas Korte@thomask
o Ecosystem matures, Programs failo First quantitative study is releasedo Significant exits (Heroku, MoPub)o Multiple B$ companies (AirBB, DB, Stripe)
Role of Accelerator
Thomas Korte@thomask
Help startup founders in the earliest stages to get to the next level and set companies on a path of long term success
Help to Build Successful Companies!
Thomas Korte@thomask
12-Week High-Impact Mentorship
Thomas Korte@thomask
Find Founders Anywhere
Thomas Korte@thomask
Role of Accelerators in theLifecycle of a Startup
Thomas Korte@thomask
o Find & Filter Raw Talent (no intro needed)o R(D)efine Business to fit SV Ambitiono Prepare for Fundraisingo Long-term support system (alumni)
Lessons learned from7 cohorts, 85 companies & 15 exits
Thomas Korte@thomask
o Huge Applicant Poolo Intense Mentorshipo Collaborative Founders & Alumnio Investor Relationships
Thomas [email protected]