Greg from AngelHack here. The equity stake we take is 2%. This allows us to be sustainable and continue building this program. This accelerator (should be called a pre-accelerator), is designed to get people connected to the Valley from around the world and get them pre-pared for entering legit programs like Y-Combinator. We'll never be better than them, nor are we trying to be. We're only trying to assist you get to the glory land.
If you can get ready for these programs without our help, then you're on the right track. Most of the companies that come out from our hackathons are 2-3 days old and need A LOT of guidance. Technically they're very strong, but they need support with legal issues, founder issues, idea validation, product/market fit, viral engagement loops, guerrilla warfare marketing tactics, networking and pitch help, and help raising funding. We help them get through all that.
Greg from AngelHack here. The equity stake we take is 2%. This allows us to be sustainable and continue building this program. This accelerator (should be called a pre-accelerator), is designed to get people connected to the Valley from around the world and get them pre-pared for entering legit programs like Y-Combinator. We'll never be better than them, nor are we trying to be. We're only trying to assist you get to the glory land.
If you can get ready for these programs without our help, then you're on the right track. Most of the companies that come out from our hackathons are 2-3 days old and need A LOT of guidance. Technically they're very strong, but they need support with legal issues, founder issues, idea validation, product/market fit, viral engagement loops, guerrilla warfare marketing tactics, networking and pitch help, and help raising funding. We help them get through all that.