why accelerators suck

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

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  • EPS 2012

    GROG TASTES LIKE SHIT ABOARD

    ACCELERATORSAlex Barrera(@abarrera)

  • EPS 2012 @abarrera #eps2012 #shitAccels

    HELLOmy 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

    Time-limited program

    Syncronous (seed) investment

    Standardized investment terms

  • EPS 2012 @abarrera #eps2012 #shitAccels

    Time-limited program

    Syncronous (seed) investment

    Standardized investment terms

    Connections to future capital

  • EPS 2012 @abarrera #eps2012 #shitAccels

    Joe Mancuso (1957)

    Batavia Industrial Center (BIC)

  • EPS 2012 @abarrera #eps2012 #shitAccels

  • 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

  • EPS 2012 @abarrera #eps2012 #shitAccels

  • EPS 2012 @abarrera #eps2012 #shitAccels

  • 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

  • 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

    aka FUCK CARGO CULT!

    Solve YOUR problems

  • EPS 2012 @abarrera #eps2012 #shitAccels

    the phonies

    Find

  • EPS 2012 @abarrera #eps2012 #shitAccels

    Concentrate mentorship

  • EPS 2012 @abarrera #eps2012 #shitAccels

    FOLLOW UP!

    Idea

    Prototype

    Launch (accel)Business

  • EPS 2012 @abarrera #eps2012 #shitAccels

    Be lean my

    friend

  • EPS 2012 @abarrera #eps2012 #shitAccels

    CROSS POLINATION

  • EPS 2012 @abarrera #eps2012 #shitAccels

    THINKBIGGER

    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

  • DO LISTEN LEARN

    THANK YOU

    Alex Barrera(@abarrera)[email protected]!p://".slideshare.net/press42