A recent trend in the tech-startup scene is to join an incubator or startup accelerator. These incubators promise to mentor, guide, and position early stage startups for success, and in return, they receive 4% – 7% equity in the company.
But a recent article on RWW tells the story of how the majority of incubator graduates go nowhere.
If you’re an early-stage entrepreneur, is it worth it to join an incubator that is NOT Y Combinator or Tech Stars?
I recently met a graduate from a startup incubator located in New York. The girl I met (Karen) is smart, motivated, and ready to do what it takes to get her startup off the ground. Unfortunately, I learned that the incubator she joined gave her very poor advice and offered no connections to raise an Angel or Series-A round of capital after graduating.
To read the full, original article click on this link: Be Careful When Choosing a Startup Incubator | Personal Branding Blog - Dan Schawbel
