Startup Accelerator
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Startup Accelerator
Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day. While traditional business incubators are often government-funded, generally take no equity, and rarely provide funding, accelerators can be either privately or publicly funded and cover a wide range of industries. Unlike business incubators, the application process for seed accelerators is open to anyone but highly competitive. There are specific accelerators, such as corporate accelerators, which are often subsidiaries or programs of larger corporations that act like seed accelerators. Distinctive qualities The main differences between business incubators, startup studios, and accelerators are: # The application process is open to anyone but highly competitive. For instance, Y Combinator and TechStars have application acceptance rates between 1% and 3%. # Seed investment in sta ...
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Cohort (educational Group)
A cohort is a Student group, group of students who work through a curriculum together to achieve the same academic degree together. Cohortians are the individual members of such a group. In a cohort, there is an expectation of richness to the learning process due to the multiple perspectives offered by the students. Cohort model A cohort model features a delivery structure that is driven by the expectations, experiences, and beliefs of the cohort's participants. It is usually implemented based on an applicable theory such as the structuration framework. Cohort groups can be organized in such a way that groups of students take a number of similar programs each semester and this organization can change when the term ends so that students can interact with more students. Cohort can be distinguished from groups of students through the following aspects: * cohorts allow school administrators to enroll students en masse while groups only concern teacher management within the class; ...
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Business Model
A business model describes how an organization creates, delivers, and captures value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts. The process of business model construction and modification is also called ''business model innovation'' and forms a part of business strategy. In theory and practice, the term ''business model'' is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including purpose, business process, target customers, offerings, strategies, infrastructure, organizational structures, sourcing, trading practices, and operational processes and policies including culture. Context The literature has provided very diverse interpretations and definitions of a business model. A systematic review and analysis of manager responses to a survey defines business models ...
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Cruise Automation
Cruise LLC is an American self-driving car company headquartered in San Francisco, California. Founded in 2013 by Kyle Vogt and Dan Kan, Cruise tests and develops autonomous car technology. The company is a largely-autonomous subsidiary of General Motors. Background The earlier generation of Cruise technology, RP-1, supplemented the human driving experience by offering an autonomous on-demand feature available for the Audi A4 or S4 (2012 or later). The intention of the $10,000 kit was to eventually retrofit all vehicles into a highway autopilot system. Ultimately, Cruise determined that the greater challenge lay in conquering city driving. In January 2014, the company decided to abandon the RP-1 and produce a fully autonomous vehicle using the Nissan Leaf. In March 2016, General Motors acquired Cruise for an undisclosed amount, although reports have placed the number from "north of $500 million", to $580 million to over $1 billion. Cruise received a permit to test self-driv ...
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Y Combinator
Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Stripe and Twitch. The combined valuation of the top YC companies was more than $300 billion by January 2021. The company's accelerator program started in Boston and Mountain View, expanded to San Francisco in 2019, and has been entirely online since the start of the COVID-19 pandemic. ''Forbes'' characterized the company in 2012 as one of the most successful startup accelerators in Silicon Valley. History Y Combinator was founded in 2005 by Paul Graham, Jessica Livingston, Robert Tappan Morris, and Trevor Blackwell. From 2005 to 2008, one program was in Cambridge, Massachusetts, and one was in Mountain View, California. As Y Combinator grew to 40 investments per year, running two programs became too much. In January 2009, Y Combinator an ...
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AirBnB
Airbnb, Inc. ( ), based in San Francisco, California, operates an online marketplace focused on short-term homestays and experiences. The company acts as a broker and charges a commission from each booking. The company was founded in 2008 by Brian Chesky, Nathan Blecharczyk, and Joe Gebbia. Airbnb is a shortened version of its original name, AirBedandBreakfast.com. The company has been the subject of criticism for lack of regulations and enabling increases in home rents. History After moving to San Francisco in October 2007, roommates and former schoolmates Brian Chesky and Joe Gebbia came up with the idea of putting an air mattress in their living room and turning it into a bed and breakfast. In February 2008, Nathan Blecharczyk, Chesky's former roommate, joined as the Chief Technology Officer and the third co-founder of the new venture, which they named AirBed & Breakfast. They put together a website that offered short-term living quarters and breakfast for those who ...
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Regression Discontinuity Design
In statistics, econometrics, political science, epidemiology, and related disciplines, a regression discontinuity design (RDD) is a quasi-experimental pretest-posttest design that aims to determine the causal effects of interventions by assigning a cutoff or threshold above or below which an intervention is assigned. By comparing observations lying closely on either side of the threshold, it is possible to estimate the average treatment effect in environments in which randomisation is unfeasible. However, it remains impossible to make true causal inference with this method alone, as it does not automatically reject causal effects by any potential confounding variable. First applied by Donald Thistlethwaite and Donald Campbell (1960) to the evaluation of scholarship programs, the RDD has become increasingly popular in recent years. Recent study comparisons of randomised controlled trials (RCTs) and RDDs have empirically demonstrated the internal validity of the design. Example The ...
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Corporate Accelerator
A corporate accelerator is a specific form of seed accelerator which is sponsored by an established for-profit corporation. Similar to seed accelerators they support early-stage startup companies through mentorship and often capital and office space. In contrast to regular programs, though, corporate accelerators derive their objectives from the sponsoring organization. These objectives can include the wish to stay close to emerging trends or to establish a funnel for corporate venture capital investments. According tCorporate Accelerator DBthere are 70+ such programs in existence as of December 2016. Notable companies include Microsoft, Citrix, and Telefónica who were among the first companies to offer such programs in the early 2010s. More recently, corporate accelerators have faced criticism as they might be less effective as regular seed accelerators. For example, the startup could be too focused on solving the problems of the sponsoring firm rather than finding external custom ...
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GigaOM
Gigaom is a technology focused analyst firm and media company. The company evolved from a blog which offered news, analysis, and opinions on startup companies, emerging technologies, and other technology related topics. It was started by Om Malik in San Francisco, California and was acquired by Knowingly Corp. in 2015. History After running his personal blog under the name for several years, Gigaom was founded as a company by Om Malik in 2006. In June 2006, he left his day job at Business 2.0 magazine to work on Gigaom full-time. The site originally integrated several other technology-related blogs and services into its network. In 2011, Gigaom consolidated this network of blogs and rebranded all of them as separate topic channels on gigaom.com, with channels dedicated to technology news, Apple, cleantech, cloud computing, data, Europe, mobile technology, and digital video. Since 2006, Gigaom has organized technology conferences under the banner Gigaom Events. Former Gigaom emp ...
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Startup Ecosystem
A startup ecosystem is formed by people, startups in their various stages and various types of organizations in a location (physical or virtual), interacting as a system to create and scale new startup companies. These organizations can be further divided into categories such as universities, funding organizations, support organizations (like incubators, accelerators, co-working spaces etc.), research organizations, service provider organizations (like legal, financial services etc.) and large corporations. Local Governments and Government organizations such as Commerce / Industry / Economic Development departments also play an important role in startup ecosystem. Different organizations typically focus on specific parts of the ecosystem function and startups at their specific development stage(s). Composition of the startup ecosystem * Ideas, inventions and research i.e. Intellectual property rights (IPR) * Entrepreneurship Education * Startups at various stages * Entrepre ...
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SOSVentures
SOSV is a venture capital firm that provides pre-seed, seed, venture and growth stage funding to startups in the technology sector. The company conducts seed accelerator programs in Asia and the United States of America. SOSV was founded in 1995 by Sean O'Sullivan. It is headquartered in Princeton, New Jersey, with operations in Cork, Ireland, and offices in San Francisco, Shenzhen, Shanghai, Taipei, New York City, and Newark. History In July 2018, then governor of New York state Mario Cuomo announced that the state would invest $25 million in an IndieBio facility in New York City. In December 2020, TechCrunch's former COO, Ned Desmond joined SOSV as senior operating partner. As of November 2021, SOSV has backed approximately 150 startups that are developing climate technologies, with a focus on the transport, supply chain, logistics, and agriculture sectors. In September 2021, the New Jersey Economic Development Authority announced that the state was investing $25 million ...
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AngelPad
AngelPad is an American seed-stage startup incubator, launched in September 2010 by Thomas Korte and Carine Magescas with six other former Google employees as mentors. AngelPad provides mentorship, seed money, and networking at two 10-week courses per year. AngelPad attracted attention in August 2011 after announcing that each of its startups will have the option to accept $100,000 from two venture capital firms at the start of their class. The incubator has often been compared to Y Combinator. AngelPad has consistently been ranked among the top startup accelerators in the United States according to 'The Seed Accelerator Rankings' each year. The rankings are developed by MIT, the University of Richmond and Brown University. They evaluate over 160 US Accelerators every year. Program The program consists of ten weeks of mentorship, brainstorming, fundraising, and pragmatic advice, concluding with a "Demo Day" in which companies present their value propositions and ideas to hund ...
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Seedcamp
Seedcamp is a European seed-stage venture capital fund, headquartered in London, launched in May 2007 by a group of 30 European investors. The fund's Managing Partners are Reshma Sohoni and Carlos Espinal. As of August 2017, Seedcamp has a portfolio of over 250 companies who have gone on to raise over $1Bn in follow-on funding from leading investors across the globe. In November 2017 Seedcamp announced the first close of its fourth fund at £41M - over 20x larger than the investor's first a decade earlier - with the plan to invest in 100 new startups from across Europe. Seedcamp's notable investments include Wise, Revolut, and UiPath. History Seedcamp was originally created by Saul Klein and Reshma Sohoni. Participating VCs and advisors in Seedcamp's launch included Index Ventures, Atomico Investments, Atlas Venture, Balderton Capital, TAG, Forsyth Group and Brown Rudnick. Carlos Espinal joined as Partner in 2010. In 2014, Seedcamp announced a €20million Seed fund, which ...
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