Last year, I got selected by a prestigious accelerator. During my time there I learnt a lot in it, and its mentors gave us a big hand improving our product, and understanding our market, as well as getting attention from the press and a few investors.
However, we failed. A few months ago, my former team and I decided it was time to shut down, as we were stagnant and the product was ultimately not producing enough value as to keep it on.
I decided to take a full time job for a while to relax and regroup. However, I started working at night with a friend on what seemed like a very small side project, and it turns out to be having quite a lot of traction.
I think my old accelerator would be a great place to get some good insights on this new business, and to get some funding. Would it be ridiculous if I re-applied? I think I’ve learnt a lot of valuable lessons from my last failure, and I’m far more confident in my new partner than I ever was of my previous team. Would they trust me again after I failed last time? Has anyone ever been accepted more than once?