iAccelerator

Back in San Francisco I’ve been talking with a friend here working in a startup that doesn’t want funding. Self funding means that the whole company is crammed into one guys apartment and they’re all biding time living on savings until the product revenues start coming in. Its a close group of friends who’ve worked [...]

With the iAccelerator program, we are basically acting as micro VCs. As with all the little people you read about in childrens stories micro VCs need to deal with the same issues as big VCs though sometimes things are alittle different because the scale is so much smaller.
Understanding how to exit a company is probably [...]

This may be a bit controversial, but I’m going to go out on a limb here and make the point that for very early stage companies, in many cases, the real customer is the investor. When you incorporate you essentially create a very niche currency. Your job for the next X years is to convince [...]

Last year the vast majority of teams applying to the iAccelerator program were made up entirely of engineers. To some degree I like this. I’m an engineer so, I’m biased, and when we were pitching Kendara we often bragged about our high ratio of engineers. Its true, that a bunch of engineers left in a [...]

On the PuneStartups mailing list awhile back we had a long discussion about the value of a board of advisors for a startup.
The iAccelerator aims to launch successful tech businesses into the world and solid advisory boards constitute one significant aspect of a startup poised for success. Since we work primarily with first time entrepreneurs [...]

People are starting to send me executive summaries of their ideas. I’m really excited to see this, and think we’re going to have a great group of teams to work with. Of the pitches I’m looking at now, the one area they all seem to be short in is a description of the people [...]