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by acelik
4185 days ago
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I think I know which accelerator you are talking about. Ecosystem in Turkey looks very promising from outside but when you start digging you hear stories such as this. I know that one of those so called mentors asked %8 of shares from startups which wanted to pitch infront of a regular event held every year in Turkey. This is absurd as there is no guarantee and infact very low chances of investment. We've been accepted to two of accelerators in Turkey and attended one of them. The one we didn't attend was an internationally known accelerator and they asked us to be in their office 9 - 6 everyday for 3 months and forced us to stay inside and build our product against all things learned from Lean Startup methodology. They even suggested that we could send interns to meetings that I have pre-organized with CXOs of biggest insurance companies. We didn't sign the deal, we didn't attend the program. |
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