[PREMONEY 2014] AngelPad >> Thomas Korte, "Accelerating The Accelerator: New Strategies & Approaches...

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"Accelerating The Accelerator: New Strategies & Approaches To Rapid Growth"

Transcript of [PREMONEY 2014] AngelPad >> Thomas Korte, "Accelerating The Accelerator: New Strategies & Approaches...

The Role of Accelerators inBuilding Lasting Companies

@thomask

Thomas Korte@thomask

Founder, AngelPad

7 years of @Google, now what?

Thomas Korte@thomask

Brief History of Accelerators 2.0

Thomas Korte@thomask

2006: Novelty

Thomas Korte@thomask

2011: Exuberance

Thomas Korte@thomask

o VC get into seed “options”o Higher Valuations & $ raisedo Hundreds of new incubators

2014: Reality

Thomas Korte@thomask

o Ecosystem matures, Programs failo First quantitative study is releasedo Significant exits (Heroku, MoPub)o Multiple B$ companies (AirBB, DB, Stripe)

Role of Accelerator

Thomas Korte@thomask

Help startup founders in the earliest stages to get to the next level and set companies on a path of long term success

Help to Build Successful Companies!

Thomas Korte@thomask

12-Week High-Impact Mentorship

Thomas Korte@thomask

Find Founders Anywhere

Thomas Korte@thomask

Role of Accelerators in theLifecycle of a Startup

Thomas Korte@thomask

o Find & Filter Raw Talent (no intro needed)o R(D)efine Business to fit SV Ambitiono Prepare for Fundraisingo Long-term support system (alumni)

Lessons learned from7 cohorts, 85 companies & 15 exits

Thomas Korte@thomask

o Huge Applicant Poolo Intense Mentorshipo Collaborative Founders & Alumnio Investor Relationships

Thomas Kortethomas@angelpad.org