I recently met with one of the female CEOs in whom I’ve invested to encourage her to apply for the MergeLane accelerator. I encouraged her to apply because she is an exceptional entrepreneur who has been making impressive progress with her business. She asked me a great question: “As an investor in our company – a company that has already raised angel capital – why do you think we should join an accelerator?” I wanted to share my thoughts.
Here’s why I, as an investor in her company, think she should apply. I hope my perspective will help other entrepreneurs and angel investors understand why MergeLane might make sense for post-angel raise, and other later entrepreneurs:
To sum up, I think top accelerators – including MergeLane – can materially advance the progress of any company that is wired for success and is facing a crucial milestone in their business. Whether it’s the first seed round, last venture round, expansion of sales or a company re-invention, I think a solid accelerator experience can deliver tremendous value.
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