Note: This is a repost from Nibletz.com, The Voice of Startups Everywhere Else
We’ve seen countless accelerator demo days and we’re on track to enjoy another dozen or so before we get to the thick of the summer. Speaking of summer, last August there were three accelerator demo days in Tennessee alone.
Startup community members and leaders are constantly debating “the rise of the accelerator” and where accelerators should focus their resources. Is the best accelerator model general tech and cohort based? Or vertical and rolling? Who knows, it will take several more iterations until each community finds the accelerator model that works best for them.
But what about demo day?
Startup accelerators everywhere else are having a hard enough time getting investors in the door for demo day as it is. One accelerator participant in the middle of the country told us “outside of the investors that had a stake already in the cohort, no investors came to our demo day last year.” That can be hard to swallow.