Next Unicorn · 2024-01-16 · 1h 22m
Collin Wallace is the Former Head of Techstars Silicon Valley (one of the top startup accelerators), co-teaches the Startup Garage accelerator class at the Stanford Graduate School of Business (GSB), and is a partner at Lobby Capital (formerly August Capital), a Silicon Valley venture capital firm. Previously, as a repeat founder, he also was a participant in Techstars and Y Combinator (YC is, of course, also a top startup accelerator). One of the startups that he founded (FanGo) was acquired by Grubhub pre-IPO, where he became Head of Innovation. In this interview, we talk about startup accelerators, how they've changed, and whether they are worth it for founders. We also talk about how much equity startup accelerators take, the amount of funding they provide, and some details regarding SAFEs and other startup accelerator financing terms, as well as differences between startup accelerators. We also talk about the types of problems startup accelerators are especially good at helping founders solve. In addition, we discuss the differences between accelerators: Y Combinator vs Techstars vs Pear VC, etc.
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