AngelPad
AngelPad is an American seed-stage startup incubator, launched in September 2010 by Thomas Korte with six former Google employees. AngelPad provides mentorship, seed money, and networking at two 10-week courses per year
All the AP 8 companies pitched earlier this afternoon and everyone killed it.
It was so much better than anything that anyone presented just 2 weeks ago.
The sheer progress a startup makes in 12 weeks of AngelPad is nothing short of stunning.
You work like crazy for 12 weeks, make very good friends along the way, gather tons of startup knowledge, and prepare to raise $1M+ in seed money.
In the first week of AngelPad, TKCM tell you they’ll roll up their sleeves and work with everyone.
Monday morning starts early, where they set the course for the week: how many times they will meet with each company, points to focus on, upcoming talks, and more.
Both of them spend at least 30 minutes over the next couple of days in the week with every company, seeking updates on what was accomplished in the previous week, their feedback on how well you did, and what you could focus on this week.
Unlike a few other accelerators, it’s not one-size fits all advice; it’s very personalized to you and specific to your company.
Rest of the week you work with your team on building and taking your company forward.
Occasionally you take repeat meetings with TKCM depending on your company’s needs.
A regular feature through all 12 weeks is TKCM’s regular ass whipping week after week, posing really tough, uncomfortable questions about your business, go-to-market strategy, market size, and what not.
You fly to SF every 3-4 weeks to meet with ‘friends of AngelPad’.
AngelPad also gives you an opportunity to work together and make friends with founders from other amazing companies.
As weeks go by, you’ll come to know these super driven people with very diverse talents who are all available to help you with whatever you want.
Two weeks before demo day, TKCM ask you to stop everything else and just focus on your pitch and presentation.
They’ve mentored over a 100 companies, so they know what works and what doesn’t.
These two weeks are really gruelling and Carine helps you perfect your storytelling and branding; while Thomas is all about numbers, positioning and selling.
Fundraising becomes a full time job and you do it for next 8-10 weeks.
It is super difficult to get inside – more than 2000 companies apply and TKCM personally cherrypick only 12-14 companies based on the application, video and 1:1 interview.
(Credits to Ashish Krishna)
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