I haven't seen a deal structured this way. Usually they get 6-10% equity I exchange for some small amount of money ( ~ $25k ) and tons of mentorship. 15% for $20k seems high ( you are valuing your company at $133k ) but there might be more to it. Accelerators are great specially for unknown foun...
Each accelerator is going to be different so there's no typical wait time, but here's some basic advice: 1. You can't count on getting in, so you must continue growing your business as you would without the accelerator. 2. Ask your other entrepreneur friends who applied at the same time if they ...
Need way more information than this. For starters, you need to know the following: What are their reasons for wanting to create an incubator? What are their needs? Can you meet those needs? When are they planning to make a decision? Who would be making the decision? Are they committed to startin...
Hard to determine best, but how about: * YCombinator - Pebble, Upverter, BufferBox * Bolt http://bolt.io/ * Highway1 http://highway1.io/ * Lemnos Labs http://lemnoslabs.com/ There are probably others.
Build a great product and get some early traction. Assemble a top-notch term of co-founders. Understand your space like nobody else. Be good at telling a great story and communicating your vision.