Why Accelerators suck

•

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Press42

Major problems with startup accelerators across Europe. Origins, problems and how to fix them.

Business Économie & finance

EPS 2012

GROG TASTES
LIKE SHIT
ABOARD
ACCELERATORS
Alex Barrera
(@abarrera)

HELLO
my name is

Guybrush
Threepwood

EPS 2012 @abarrera #eps2012 #shitAccels

What is an accelerator?

EPS 2012 @abarrera #eps2012 #shitAccels

Time-limited program

EPS 2012 @abarrera #eps2012 #shitAccels

Time-limited program

Syncronous (seed) investment

EPS 2012 @abarrera #eps2012 #shitAccels

Standardized investment terms

Time-limited program

Syncronous (seed) investment

EPS 2012 @abarrera #eps2012 #shitAccels

Standardized investment terms

Connections to future capital

Time-limited program

Syncronous (seed) investment

EPS 2012 @abarrera #eps2012 #shitAccels

Joe Mancuso (1957)

Batavia Industrial Center (BIC)

EPS 2012 @abarrera #eps2012 #shitAccels

Berlin 1961

EPS 2012 @abarrera #eps2012 #shitAccels

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

EPS 2012 @abarrera #eps2012 #shitAccels

Ahoooooy!!

EPS 2012 @abarrera #eps2012 #shitAccels

You talking to me?

Abusive term sheets

EPS 2012 @abarrera #eps2012 #shitAccels

Mentor overflow

EPS 2012 @abarrera #eps2012 #shitAccels

Where after?

EPS 2012 @abarrera #eps2012 #shitAccels

Ferrari? Yeah sure!

EPS 2012 @abarrera #eps2012 #shitAccels

Squirrel!!!
(WTF is the money?)

EPS 2012 @abarrera #eps2012 #shitAccels

Aarrrrrrr!!

EPS 2012 @abarrera #eps2012 #shitAccels

EU Inc. framework

EPS 2012 @abarrera #eps2012 #shitAccels

Solve YOUR problems

EPS 2012 @abarrera #eps2012 #shitAccels

Solve YOUR problems
aka FUCK CARGO CULT!

EPS 2012 @abarrera #eps2012 #shitAccels

Find
the phonies
EPS 2012 @abarrera #eps2012 #shitAccels

Concentrate mentorship

EPS 2012 @abarrera #eps2012 #shitAccels

FOLLOW UP!
Business
Launch (accel)

Prototype

Idea

EPS 2012 @abarrera #eps2012 #shitAccels

Be lean
my
friend

EPS 2012 @abarrera #eps2012 #shitAccels

CROSS POLINATION

EPS 2012 @abarrera #eps2012 #shitAccels

THINK
BIGGER
“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

EPS 2012 @abarrera #eps2012 #shitAccels

DO LISTEN LEARN

THANK YOU

Alex Barrera(@abarrera)
http://www.slideshare.net/press42 alex@press42.com

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Organisational success today depends on effective communication and collaboration with individuals from cultures with varying beliefs and practices. Indeed, with the workforce increasingly comprised of people of varying cultural backgrounds, leaders must now prioritise the significance of cultural competence in the workplace. Ensuring cultural competence at every level of your organisation cannot be understated. While cultural disparities can manifest in different ways, as a leader, you must build deep and nuanced cultural competence skills and education to accurately spot, address and alleviate the various scenarios that can arise. Failing to recognise the importance of cultural competence or not acting to improve it can lead to cultural negligence. There are a few things to consider to ensure your organisation is on the right track. In this deck, you'll understand the importance of building cultural competence in the workplace. You'll also learn • The three (3) dimensions of Cultural Competence in the workplace • Key strategies to build a culturally competent workforce • Major benefits you stand to gain by having a culturally competent team.

Cracking the Cultural Competence Code.pptx

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Why Accelerators suck

1. EPS 2012 GROG TASTES LIKE SHIT ABOARD ACCELERATORS Alex Barrera (@abarrera)

2. HELLO my name is Guybrush Threepwood EPS 2012 @abarrera #eps2012 #shitAccels

3. What is an accelerator? EPS 2012 @abarrera #eps2012 #shitAccels

4. Time-limited program EPS 2012 @abarrera #eps2012 #shitAccels

5. Time-limited program Syncronous (seed) investment EPS 2012 @abarrera #eps2012 #shitAccels

6. Standardized investment terms Time-limited program Syncronous (seed) investment EPS 2012 @abarrera #eps2012 #shitAccels

7. Standardized investment terms Connections to future capital Time-limited program Syncronous (seed) investment EPS 2012 @abarrera #eps2012 #shitAccels

8. Joe Mancuso (1957) Batavia Industrial Center (BIC) EPS 2012 @abarrera #eps2012 #shitAccels

9. EPS 2012 @abarrera #eps2012 #shitAccels

10. Berlin 1961 EPS 2012 @abarrera #eps2012 #shitAccels

11. Source: The Rise of Acceleration Funds (Luis Rivera 2011) EPS 2012 @abarrera #eps2012 #shitAccels

12. EPS 2012 @abarrera #eps2012 #shitAccels

13. EPS 2012 @abarrera #eps2012 #shitAccels

14. EPS 2012 @abarrera #eps2012 #shitAccels

15. Ahoooooy!! EPS 2012 @abarrera #eps2012 #shitAccels

16. You talking to me? Abusive term sheets EPS 2012 @abarrera #eps2012 #shitAccels

17. Mentor overflow EPS 2012 @abarrera #eps2012 #shitAccels

18. Where after? EPS 2012 @abarrera #eps2012 #shitAccels

19. EPS 2012 @abarrera #eps2012 #shitAccels

20. Ferrari? Yeah sure! EPS 2012 @abarrera #eps2012 #shitAccels

21. Squirrel!!! (WTF is the money?) EPS 2012 @abarrera #eps2012 #shitAccels

22. Aarrrrrrr!! EPS 2012 @abarrera #eps2012 #shitAccels

23. EU Inc. framework EPS 2012 @abarrera #eps2012 #shitAccels

24. Solve YOUR problems EPS 2012 @abarrera #eps2012 #shitAccels

25. Solve YOUR problems aka FUCK CARGO CULT! EPS 2012 @abarrera #eps2012 #shitAccels

26. Find the phonies EPS 2012 @abarrera #eps2012 #shitAccels

27. Concentrate mentorship EPS 2012 @abarrera #eps2012 #shitAccels

28. FOLLOW UP! Business Launch (accel) Prototype Idea EPS 2012 @abarrera #eps2012 #shitAccels

29. Be lean my friend EPS 2012 @abarrera #eps2012 #shitAccels

30. CROSS POLINATION EPS 2012 @abarrera #eps2012 #shitAccels

31. THINK BIGGER “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 EPS 2012 @abarrera #eps2012 #shitAccels

32. DO LISTEN LEARN THANK YOU Alex Barrera(@abarrera) http://www.slideshare.net/press42 alex@press42.com

Why Accelerators suck

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