[not_a_moth]

What do you think about their fee and stake?

Looks like it ranges 60-80k [after their fee] for a 10% stake.

That feels pretty expensive for an accelerator, especially one that's new, with little network effect yet.

[toxicFork]

For me personally the benefits I already got from the program are worth a fee and stake, and without them I would have taken much longer to take that leap of faith into starting my own company. And it's fair enough especially for a first time founder like me, considering the risks involved. I am newer than them.

If I was someone more established with an existing network and knowledge of how these things work, that would be a different story.

[not_a_moth]

Yeah it looks like the program is mainly for super early stage, ie no cofounder, pre-idea folks.

I think if you already have a co founder and an idea and/or prototype, then that fee/stake for value might seem unacceptably expensive.