Top-6 pre-seed accelerators

•

I almost lost my hope in accelerators, before I found these guys, who believe in teams not only with % they take but also with $ they put. So, my top-6 of pre-seed accelerators that accept startups at the idea stage and give 6M+ valuation 🧵:

1/ @a16z START: a16z.com/programs-a16z-start/ 1M investment, focus on talent and very early stages, 11 teams have been taken so far. Apps are on a rolling basis.

2/ @sequoia Arc: arc.sequoiacap.com/ 1M investment, 15 companies in a batch, mainly oriented to Europe. Apps are currently closed.

3/ @Accel Atoms: atoms.accel.com/ 250k investment at uncapped note! Which means a much higher valuation of the next priced round. Focus on India and SEA. Cohort based.

4/ @pearvc Accelerator: pear.vc/accelerator $500-750K at 10M cap. 15 teams in a batch. Quite a reputable fund. Cohort based.

5/ @AforeVC Alpha: afore.vc/afore-alpha 1M at 10M post-money SAFE. No company is too early. Response within a week.

6/ @hyper_: hyper.com/#apply 300k at 6M post (could be better). Just 4 weeks (could be better). But they claim a very individual approach and elite network of operators.

7/ Honorable mention: @ycombinator (the link you know better than me) Still the best in the industry, and with their new deal selected companies can effectively get 500k at 6M+ cap, while realistically it will be more like 5M (125k at 7% + 375k at val of next round).

8/ Honorable mention: friends and family Jk, they are as broke as you are. But they may give you 20 dollars at 1B val if you ask nicely.