LEVERAGING INDUSTRY EXPERTISE – BEST PRACTICES FROM THE ACCELERATOR UNIVERSE
Ever wonder what actually goes on behind the scenes after you hit submit on your application to an accelerator? The short answer is - a lot. The best firms out there take their selection process very seriously and have built thorough workflows that dig deep into every opportunity from a variety of angels. These include grading mechanisms of an opportunity, video interviews with founders, industry research and other standardized diligence exercises. However, through our analysis of the accelerator ecosystem globally, one process stood out to me - leveraging the knowledge of others.