I've been doing some research on startup accelerator models and find myself wondering: How healthy is it to house so many startups under one roof/space and in close proximity? How close is too close? How many events, activities and groups photos is too many? Accelerator are diversified enough to gain from the exchange of experiences and from the influence those founders will have on each other, but is it in the best interest of the founders. If it is good for founders then why are most programs just 4 months long? It would be interesting to compare the most successful accelerators with the mediocre ones when it comes this. Photo credit: Sam Churchill/Flickr.com. https://lnkd.in/dy2XTxDy
As a startup entrepreneur myself, it becomes difficult to evaluate which is best for us, you get FOMO, and try to be a part of everything which is not necessarily correct, but you live and you learn and you learn to evaluate better. It is also not just about the money they inject, we look for accelerators in our industry that can also help us learn from their mistakes to avoid them ourselves.
plz do share your findings when you conclude your research ... would love to compare notes!
I have been part of many accelerator programs as a participant or as a mentor in the region, in Europe & US, but I find BLDR Ventures / Nafez Dakkak to have a very unique model and approach.
Interesting to see the results
Exposure is key ..... especially for the first time and early founders / startups. Learning curve is shortened with all the different startups and experiences under one roof.
Would love to see a success rate ratio of startups per incubator/accelerator. Mena vs global could help .
Curious to know the result of this research!
Senior Engineer at Foodics. Love building things in all shapes and forms, but mainly Laravel (believe me I'm certified) and Wood.
1moUnconventional opinion; Build in a silo. At least until you have v1 of your product (not an MVP but v1), reason is give space for novel ideas to surface. The mob method benefits faster development, not necessarily the best. If Apple did the same when building the iPhone, we'd have yet another mobile that can send voice and text over 2G towers, but building in a silo allowed them to let loose for their creative thinking and pushing limits of what's possible.