Accelerators, hubs, shared spaces, nurseries - engines for innovation - Part 2
summary
A typical accelerator runs four months with cohorts ~30 companies and forces a relentless cadence of scrum meetings, investor days and hands-on customer development focused on distribution. Teams compress what normally takes years by doing intensive customer interviews to prove willingness to pay; reported follow-on rates vary (WAYRA ~40% with ~$400–$500k follow-ons, one accelerator reports 85% of Tel Aviv grads raising ~$1M). Success metrics differ—common targets are 500k in a year or revenue traction—and a persistent bottleneck is mentors scarce.
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chapters (5)
- 0:00Start
- 1:50Success Rates
- 2:23Success Rates of Incubators Accelerators
- 8:55Success Rate
- 10:04Measure Success
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