In 'Startup 101: How to Get Into an Accelerator'', Hsu Ken demystifies accelerators. Tune in to find out make makes accelerators unique, how they can help your startup grow, how to choose the "right" accelerator, what accelerators are looking for, and much more.
Topics discussed in this episode:
0:00 Introductions
0:29 Overview of the startup ecosystem
3:38 What makes accelerators unique
6:46 Impact of Covid-19
9:51 How accelerators approach (a lack of) contextual-specificity
12:50 Finding the "right" accelerator and defining a "good" accelerator
22:05 Application approaches: Intentional vs Spray and Pray
23:13 When to apply
25:33 The application process and what accelerators look for
29:55 How startups can prepare
34:04 What happens in an accelerator and how to maximise the experience in one
40:40 Post-programme
43:20 Gaps in the accelerator ecosystem
46:21 Final thoughts
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About Iterative Iterative is a YC style accelerator focused exclusively on Southeast Asia by the founders of Divvy (a16z, GIC), Weave (YCS14), Decide (acquired by eBay) who have collectively raised $100M+ in VC. Iterative invests US $150K into early stage startups twice a year then works with them intensely for 3 months culminating in a Demo Day.
Find out more about Iterative: https://iterative.vc
About the Speaker Hsu Ken Ooi | Founder and General Partner at Iterative | https://www.linkedin.com/in/hsukenooi
Hsu Ken was previously the Chief Product Officer of Workmate, an on-demand blue collar staffing platform in Southeast Asia. In 2014, he was VP of Product at Weave (YCS14). In 2009, he started Decide, an early machine learning company that predicted the future price of consumer goods. It was acquired by eBay in 2013. Hsu Ken has a BS in Mathematics and Statistics from the University of Washington.