Why All Incubators Should Follow 500 Startups and Use AngelList as a Gateway(blog.selekt.com)
blog.selekt.com
Why All Incubators Should Follow 500 Startups and Use AngelList as a Gateway
http://blog.selekt.com/post/31566740924/why-all-incubators-should-follow-500-startups-and-use
17 comments
All fair points! BTW, the intention was not to name drop but to show how much referral capital I had to spend just for one incubator. MD/PhD reference was to show the solution of referral capital goes back a long time ago.
We were going to do another post about co-founders and our company.
"The smaller the program the more attention you get."
There's a math mistake here. The amount of attention you get depends not on the number of startups but on the ratio of full-time advisors to startups.
There's a math mistake here. The amount of attention you get depends not on the number of startups but on the ratio of full-time advisors to startups.
WOW from PG himself! I agree and this was not a jab at YC. But you guys now are taking like 80 companies and I'm not sure how much of your personal time is allotted to each company. I'm sure you guys have a ton of great mentors and we probably apply to you if AngelPad fall through. But you have to appreciate the perception. You are the face of YC and Thomas is the face of AP and as an founder you think to yourself how much time I can get from PG vs. Thomas?
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OP: consider re-writing to have less of a "this is why my startup is awesome and well-connected" and more of a "this is what Angel-list is actually going to be important".
Here's a hint: it's about data.
(Also, your landing page made me want really sad. Confidence is great, but being a douche is, well, being a douche)
I realize this was a negative post and HN is too full of those these days, but this was needed
Here's a hint: it's about data.
(Also, your landing page made me want really sad. Confidence is great, but being a douche is, well, being a douche)
I realize this was a negative post and HN is too full of those these days, but this was needed
Second hint: 500 is using Angellist not to make things easier for startups to apply to theirs and other incubators, but to use the most accurate data available to quickly eliminate 95% of startups from consideration. They're not worried about losing a few in the process, they're concerned about efficiency and missing things hidden in plain site. You can quote me on that.
Extrapolate from there.
Extrapolate from there.
I agree...but the end result is the same that other incubators will follow the same process and at the end it's all good.
I'm all about candid feedback. So it's well taken and much appreciated. We were playing around with different wording and we were afraid if it was too duchy for average consumer or not.
I think it says a lot here that I read that whole thing and still have no idea what you do or why you're touting it about like this.
FYI, selekt.com is going to a parked domain page for Domains Made Easy. The logo in the top left of the page goes to "blog." so I stripped that prefix off to check out the main page, and was very surprised.
The change should be going through DNS now...
Just because 500 Startups is using AngelList doesn't mean that you won't need to use social capital to get their attention.
The point is you apply your social capital to building your angel list profile once and use it over and over again.
Yes, good point! And it will be useful when you fundraise later on.
precisely! However, it seems like I didn't do the best job conveying that in my blog post.
There was also something about some incubator's application process in there somewhere.