Why Accelerators suck

EPS 2012

GROG TASTES

LIKE SHIT ABOARD

ACCELERATORSAlex Barrera(@abarrera)

EPS 2012 @abarrera #eps2012 #shitAccels

HELLOmy name is

Guybrush Threepwood

What is an accelerator?

Time-limited program

Syncronous (seed) investment

Standardized investment terms

Connections to future capital

Joe Mancuso (1957)

Batavia Industrial Center (BIC)

Berlin 1961

Source: The Rise of Acceleration Funds (Luis Rivera 2011)

Ahoooooy!!

You talking to me?

Abusive term sheets

Mentor overflow

Where after?

Ferrari? Yeah sure!

Squirrel!!!(WTF is the money?)

Aarrrrrrr!!

EU Inc. framework

Solve YOUR problems

aka FUCK CARGO CULT!

Solve YOUR problems

the phonies

Concentrate mentorship

FOLLOW UP!

Prototype

Launch (accel)Business

Be lean my

friend

CROSS POLINATION

THINKBIGGER

“We choose to go to the moon. We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard, because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one which we intend to win, and the others, too.” - JFK 1962

DO LISTEN LEARN

THANK YOU

Alex Barrera(@abarrera)alex@press42.comh!p://".slideshare.net/press42

Why Accelerators suck

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