Startups Anonymous Est. 2013 · Read-only archive
Confessions

The accelerator we were in is about to fuck us over due to inflexibility.

9 answers from the community

AAnonymous· May 23, 2014

Way to leave us hanging. Why don't you explain your situation further so that we can actually provide useful responses.

AAnonymous· May 23, 2014

Seriously Dana, why was this confession approved? Zero detail making any reaction or input impossible.

Ddana· May 23, 2014

<p>I hear you, however some confessions don't necessarily need input or reaction. They're simply a way to get something off your chest. It's possible that this person just needed to say it out loud.</p>

<p>Dana</p>

AAnonymous· May 23, 2014

Seems foolish. Pivots are a normal part of early startups.

AAnonymous· May 23, 2014

Startups are about uncertainty. You're not prepared to be in the league of startups my dear friend.

AAnonymous· May 23, 2014

Startups are about uncertainty (of industry, etc) <em>and</em> flexibility. The accelerator that should be doing all to support you should be the last place to expect rigidity.

AAnonymous· May 23, 2014

Not really. Accelerators are just another investment vehicle. If whatever they're doing is enough to "fuck you over" you should'a had a backup plan. Either way, out of context we really don't know if this founder's statement has any merit.

AAnonymous· May 25, 2014

I've also had a pretty bad experience with an accelerator, but I'd say my team had an equal responsibility in everything that went awry.

AAnonymous· Jul 30, 2014

Original Founder here: They were being inflexible about a couple of (meaningless) stupid terms in the loan note they gave us, "real" investors wouldn't go for the round till it was sorted.

We fixed the problem by walking away starting a new company and taking investment that way - if need be we'll see the accelerator in court.