Incubators, Accelerators and Startups - From a Founder Perspective @ Startup mantra 2014

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The presentation was handled for Startup Mantra 2014, the annual event of Kerala Startups. The slides talk about incubators, accelerators, their advantages, disadvantages, how to evaluate and some tips.

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Incubators, Accelerators and

Startups

Founder’s Perspective

No definition is perfect

Stop me & ask your questions

Accelerator Incubator

What are they looking for?

a great STORY

Rock-star TEAM

Product •  Problem

•  Solution

Traction is King

Online Form

2 Min Video Interview

Share experience & avoid common

pit-falls

Press hears about it

Access to Capital

Gyan

Confusion & Distraction

Co-working space is not always fun

•  Equity  Vs.  Fund  +  Other  Value  •  Carefully  see  ‘50K  services’.  •  ‘Investor  partnership’    •  ‘Demo  day’  -­‐  mostly  hype  only.    •  Don’t  count  too  much  on  ‘Mentoring’    

•  accel/Incub  focusing  on  your  industry.    

•  Ask  how  will  they  get  you  customers?    

How to find Accels/Incubators

Be Bloody Confident

No is as good as Yes

Find people who can vouch for you

relevant information, sell smarter, grow revenue

vibeapp.co

The Sales & Marketing Problem

•  Push Broadcasting doesn’t work anymore

•  Prospect Research killing 20% time

•  CRM doesn’t have enough information

•  Pain to regularly update the CRM

• View holistic, accurate, and relevant prospect & customer info  

• Appends each CRM record with personal, professional, social, contact & insights.  

• Checks for Updates regularly and updates automatically  

3 fold Solution from Vibe

If you are a first-time Entrepreneur, I recommend an

Incub/Accel

https://vibeapp.co/

arjun@profoundis.com

@hellovibe

fb.com/hellovibe

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