We got basically 4 things out of the accelerator:
- Some press overage, including backlinks from Bild.de (the biggest newspaper in germany)
- Good Office space in Berlin and 25.000 €, so that we could focus on our business, without other overheads
- Talks with intersting people in the german startup scene
- Branding from Axel Springer, which helped us in hiring a working student as well as a very good intern
We only gave up 5 % of equity, so it was overall a very fair deal.
Comments
great job!
How much did joining the accelerator program actually help you in reaching that goal?
We got basically 4 things out of the accelerator: - Some press overage, including backlinks from Bild.de (the biggest newspaper in germany) - Good Office space in Berlin and 25.000 €, so that we could focus on our business, without other overheads - Talks with intersting people in the german startup scene - Branding from Axel Springer, which helped us in hiring a working student as well as a very good intern
We only gave up 5 % of equity, so it was overall a very fair deal.
that sounds like a great opportunity! thanks for the answer