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A couple of weeks ago, a brand new, startup incubator launched in town--with a slightly different focus, on biomedical technology. The incubator-- Greenwings Biomedical (www.greenwingsbiomedical.com), is led by Richard Koffler , a serial entrepreneur and angel investor in Los Angeles. What is Greenwings Biomedical? It was a failure.
Accelerators are organizations that selectively accept entrepreneurs into a program of intense coaching in a physical environment sponsored by the accelerator that also provides seedfunds for the startup to begin its business.
A while back I heard a talk by Dave McClure, a long-time angel investor, who also proclaims to be one of the “new breed” of venture capitalists in Silicon Valley, as CEO of 500Startups , which is either a micro-VC seedfund, or a startup incubator, or both. The good news is that he is all about helping early-stage startups.
Recently I heard a talk by Dave McClure, a long-time angel investor, who also proclaims to be one of the “new breed” of venture capitalists in Silicon Valley, as CEO of 500Startups , which is either a micro-VC seedfund, or a startup incubator, or both. That was left to the realm of friends and family. Early-stage startup.
Check out local sources for coaching and assistance. Don’t be shy about networking for advisors with business experience for coaching and mentoring. Sources should include local startup incubators, blog owners, and government support organizations, such as SCORE. The ability to pivot quickly is a key to success.
We are happy to now support every & all accelerator in town that provides capital and office space and we want to focus on mentorship, coaching, advice, community building, etc. For accelerators to proliferate you need access to capital to fund them and then you need a huge community of people to fund the graduates.
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