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Adam Cochran, partner at venture capital firm CEHV: Most “accelerators” are scams without any value
2023-10-30 03:21
Odaily News Adam Cochran, a partner of CEHV, a venture capital institution, and a contributor to YFI, posted on the X platform that most “accelerators” are scams without any value. If you are looking for an accelerator, here are some rules: A valuation of US$13 million to US$5 million should be the absolute bottom line; 2. There should be no project fees in the investment; 3. Food and accommodation (here should refer to general hardware support) are not It should replace cash; 4. Investment funds should not include legal consulting fees 5. Proportionate distribution; 6. There should be no board of directors seats; 7. Links are important (here it should refer to relevant resource provision); 8. Accelerator That is, its team should never ask for advisory equity.