Y Combinator graduates will share their accelerator experiences and challenges.
“To be, or not to be” a startup accelerator alumni. This is a question that often co-founders end up discussing during the early days of the startup journey. The recent graduates of Y Combinator and MedTech Innovator will share their accelerator experiences and give you an insider’s perspective. Come get your questions answered.
Accelerators provide funding, expertise, resources, and accountability to their startups. One of the most renowned accelerators is Y Combinator (or “YC” as it is frequently called). YC selects a group of startups known as a “cohort,” invests $125,000 in each in exchange for equity, and takes them through an intensive 3-month program culminating in “demo day,” when hopefully they will impress other investors who will fund them. YC has served as a model for many other accelerators, such that the general model is the same across many industries: Competitive application process, investment in exchange for equity, intensive program involving mentorship and networking, and a demo day or similar final event. Many other accelerators follow the model that YC pioneered. They select a predetermined number of startups for each cohort and provide them with cash in exchange for equity. The details of each accelerator’s program will differ, but the goal is to “accelerate” the speed at which the company progresses.
The audience will also have the opportunity to ask questions directly to the panel members.