Nathan Latka
๐ค SpeakerAppearances Over Time
Podcast Appearances
So you raised $400K at a $3 million valuation and chose not to take the $100K from Techstars?
I see.
I guess, what's the upside for Techstars?
Why would Techstars let you in the program if they have no upside?
Oh, how much is that?
Well, if they're going to take 6% anyway, why wouldn't you take the 100K?
You can set it optional, but they take 6% no matter what.
So if they're going to take 6% no matter what.
True or false?
Techstars right now own 6% of your cap table.
Yeah.
True or false?
You've taken $0 from Techstars.
But why would you not take the other $80,000 if it's basically free money?
Take the $100,000 from Techstars.
Okay, so you're going through the program now.
Some people love Accelerator, some people hate them.
What's been the biggest surprise?
Very cool.
And who is we?