500 startups accelerator info session hyderabad
TRANSCRIPT
BATCH 13 ACCELERATOR INFO SESSIONHOSTED BY PROGRESS SOFTWARE
Seed fund and accelerator program (Mountain View, San Francisco, Mexico City)
Mentor Network / Community
200+ design, technology, marketing, and product experts provide 1:1 mentoring to portfolio companies
Over 900 companies, 2,000+ founders in 50+ countries around the world
Conferences & Events
Geeks on a Plane
500 Startups
500 Startups Investments in India
Important Dates and Details
Program starts in Mid-AprilApplications due at the end of FebruaryProgram runs for 4 monthsDemo Day sometime in July
We make a $100K investment for 7% of your companyThere is a $25K program feeWe invest through a convertible security structure
Dates
Investment Details
What do we look forSimple, quick, effective screening process. We look for:
Small, Effective Teams
Product solves a problem for specific target customer
Capital-efficient businesses – operational @ <$100k funding
Primarily Internet and mobile based distribution
Simple revenue models – transactions, subscriptions, or affiliate
Small but measurable usage - some customers, early revenue
Functional prototype *before* investing (or previous product success)
Momentum in your metrics
Diversity in your team and/or customers
Founders who are full-time
How does 500 compare to other programs?
Resident program: We provide office space to our companies and feel it’s important to work together.
Focus on marketing: We work closely with you to help your business grow.
Diversity: Our program is by far the most diverse and therefore most awesome.
Fun: Startup life is hard, so when you’re not working hard you should play hard. Get social and have some fun.
We’re different, and that’s a good thing:
Next steps?
Apply on AngelList: https://angel.co/500startups-batch-13/apply
Check out our tips blog post: http://500.co/batch-11-ten-tips-for-getting-in
Grow your business everyday!
Get 500 Founders and Mentors to recommend you!
When you’re ready:
Consumer E-Commerce
Cloud Services & SMB Productivity
Apps for Mobile & Tablet
Payments & Financial Services
Family Tech & Education
Food Tech & Digital Health
India Focus
Interesting Areas of Focus
