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01:35:37

other problem is like even if you have demo day uh if you like for example we had demo day this week with YC. The startups that didn't manage to, let's say in a month from now, haven't raised proper amounts of money, most likely investors won't touch them for several months because they assume that all the other investors look at them. That's downsides to accelerators. There's the equity dilution, there's signaling risk, and so on and so on. I personally have a very, very high opinion

01:22:33

We're immigrants and everything. So, we don't have those fancy titles like X-fans or Stanford grads and all that stuff. And we're kind of a little bit worried about like raising a seed round because we had a pretty seed now. And from from like that perspective, and we were thinking about getting into like accelerator to make us more legit for the local like ecosystem. What do you think about that? Is that a good approach? Is that not right? Okay, let's break this down. Number one, did you raise any money so far yeah how much did

01:25:00

So if you consider an accelerator, go for YC. It's my opinion. I'm saying this as a good friend of a lot of other accelerators and somebody who ran an accelerator, you know. My personal opinion is the accelerator itself doesn't make the credibility for you. The credibility comes out of the fact that people are involved that they're legit for what you're doing. Okay. So one second. they're legit for what you're doing. Okay. So one second. I'm losing overview.

01:34:41

and so on and so on. Accelerators are really, really good if you don't know yet, for example, what are you going on accelerators are really really good if you don't know yet for example what are you going to build they're really good if you for example don't know how to pitch or fundraise or anything like that you know they're really good for all the generics like how to hire how to manage all this kind of stuff they're really good

01:30:46

Do you want to join? Okay. This is for two reasons. Number one, three reasons actually. Number one, they can actually help you. They're useful. Even if they don't invest, those calls are worth something and they can introduce you to the right other people in that space and in that space. They know the right people. And they know the right people without being competitive to you. Each of these four together is what you do. Individually, they're not competitive. So you can get the cannabis expert, you can be very honest with them, you can be very

01:35:21

we can deny also the prestige of like yc or you know some like big accelerators sure like if you want go in uh my main advice is don't overestimate uh how much these accelerators can actually help in the end you still work you know i mean and the other problem is like even if you have demo day uh if you like for example we had demo day this week with YC. The startups that didn't manage to, let's say in a month from now, haven't raised proper

01:34:20

your opinion sounds sounds reasonable sounds reasonable Let's go with reasonable. That's a good... That's as far as we go here. Your opinion sounds reasonable. So I personally believe, like in the current stage where you're at, this will bring you more. This is more bang for the buck because those are experts that can give you very specific feedback and so on and so on. Accelerators are really, really good

19:54

This isn't Shark Tank. We won't do pitches. I want to have the founders explaining what they do, obviously, so that we have all context. But this isn't meant to be a pitch show. We want to help people here, nothing else. I will not invest in the winners. This is not an investment show. I have a really weird taste in investments. I'm not doing this to find investments. I won't give advice to everybody. I have very rare specific knowledge in a very small group of topics. I honestly don't think this will

01:24:17

and everything yeah so this is kind of an ongoing question yeah sense. Let me quickly tell Mike to wait a second. I have the wrong window. Okay, cool. So number one, your first question, accelerators. Okay. My personal opinion on accelerators is you either go with the best one or you go with none. Okay. The best one is industry dependent. Okay. So for example, there's a few accelerators specializing on certain things. So for example, for space tech, there's like Techstar Space, which is very good.

01:24:38

My personal opinion on accelerators is you either go with the best one or you go with none. Okay. The best one is industry dependent. Okay. So for example, there's a few accelerators specializing on certain things. So for example, for space tech, there's like Techstar Space, which is very good. There's a few for healthcare and a few others. And there's a few and so on and so on. In most other cases, it's YC. So if you consider an accelerator, go for YC. It's my opinion.

01:35:37

other problem is like even if you have demo day uh if you like for example we had demo day this week with YC. The startups that didn't manage to, let's say in a month from now, haven't raised proper amounts of money, most likely investors won't touch them for several months because they assume that all the other investors look at them. That's downsides to accelerators. There's the equity dilution, there's signaling risk, and so on and so on. I personally have a very, very high opinion

01:22:33

We're immigrants and everything. So, we don't have those fancy titles like X-fans or Stanford grads and all that stuff. And we're kind of a little bit worried about like raising a seed round because we had a pretty seed now. And from from like that perspective, and we were thinking about getting into like accelerator to make us more legit for the local like ecosystem. What do you think about that? Is that a good approach? Is that not right? Okay, let's break this down. Number one, did you raise any money so far yeah how much did

01:25:00

So if you consider an accelerator, go for YC. It's my opinion. I'm saying this as a good friend of a lot of other accelerators and somebody who ran an accelerator, you know. My personal opinion is the accelerator itself doesn't make the credibility for you. The credibility comes out of the fact that people are involved that they're legit for what you're doing. Okay. So one second. they're legit for what you're doing. Okay. So one second. I'm losing overview.

01:34:41

and so on and so on. Accelerators are really, really good if you don't know yet, for example, what are you going on accelerators are really really good if you don't know yet for example what are you going to build they're really good if you for example don't know how to pitch or fundraise or anything like that you know they're really good for all the generics like how to hire how to manage all this kind of stuff they're really good

01:30:46

Do you want to join? Okay. This is for two reasons. Number one, three reasons actually. Number one, they can actually help you. They're useful. Even if they don't invest, those calls are worth something and they can introduce you to the right other people in that space and in that space. They know the right people. And they know the right people without being competitive to you. Each of these four together is what you do. Individually, they're not competitive. So you can get the cannabis expert, you can be very honest with them, you can be very

01:35:21

we can deny also the prestige of like yc or you know some like big accelerators sure like if you want go in uh my main advice is don't overestimate uh how much these accelerators can actually help in the end you still work you know i mean and the other problem is like even if you have demo day uh if you like for example we had demo day this week with YC. The startups that didn't manage to, let's say in a month from now, haven't raised proper

01:34:20

your opinion sounds sounds reasonable sounds reasonable Let's go with reasonable. That's a good... That's as far as we go here. Your opinion sounds reasonable. So I personally believe, like in the current stage where you're at, this will bring you more. This is more bang for the buck because those are experts that can give you very specific feedback and so on and so on. Accelerators are really, really good

19:54

This isn't Shark Tank. We won't do pitches. I want to have the founders explaining what they do, obviously, so that we have all context. But this isn't meant to be a pitch show. We want to help people here, nothing else. I will not invest in the winners. This is not an investment show. I have a really weird taste in investments. I'm not doing this to find investments. I won't give advice to everybody. I have very rare specific knowledge in a very small group of topics. I honestly don't think this will

01:24:17

and everything yeah so this is kind of an ongoing question yeah sense. Let me quickly tell Mike to wait a second. I have the wrong window. Okay, cool. So number one, your first question, accelerators. Okay. My personal opinion on accelerators is you either go with the best one or you go with none. Okay. The best one is industry dependent. Okay. So for example, there's a few accelerators specializing on certain things. So for example, for space tech, there's like Techstar Space, which is very good.

01:24:38

My personal opinion on accelerators is you either go with the best one or you go with none. Okay. The best one is industry dependent. Okay. So for example, there's a few accelerators specializing on certain things. So for example, for space tech, there's like Techstar Space, which is very good. There's a few for healthcare and a few others. And there's a few and so on and so on. In most other cases, it's YC. So if you consider an accelerator, go for YC. It's my opinion.

01:35:37

other problem is like even if you have demo day uh if you like for example we had demo day this week with YC. The startups that didn't manage to, let's say in a month from now, haven't raised proper amounts of money, most likely investors won't touch them for several months because they assume that all the other investors look at them. That's downsides to accelerators. There's the equity dilution, there's signaling risk, and so on and so on. I personally have a very, very high opinion

01:22:33

We're immigrants and everything. So, we don't have those fancy titles like X-fans or Stanford grads and all that stuff. And we're kind of a little bit worried about like raising a seed round because we had a pretty seed now. And from from like that perspective, and we were thinking about getting into like accelerator to make us more legit for the local like ecosystem. What do you think about that? Is that a good approach? Is that not right? Okay, let's break this down. Number one, did you raise any money so far yeah how much did

01:25:00

So if you consider an accelerator, go for YC. It's my opinion. I'm saying this as a good friend of a lot of other accelerators and somebody who ran an accelerator, you know. My personal opinion is the accelerator itself doesn't make the credibility for you. The credibility comes out of the fact that people are involved that they're legit for what you're doing. Okay. So one second. they're legit for what you're doing. Okay. So one second. I'm losing overview.

01:34:41

and so on and so on. Accelerators are really, really good if you don't know yet, for example, what are you going on accelerators are really really good if you don't know yet for example what are you going to build they're really good if you for example don't know how to pitch or fundraise or anything like that you know they're really good for all the generics like how to hire how to manage all this kind of stuff they're really good

01:30:46

Do you want to join? Okay. This is for two reasons. Number one, three reasons actually. Number one, they can actually help you. They're useful. Even if they don't invest, those calls are worth something and they can introduce you to the right other people in that space and in that space. They know the right people. And they know the right people without being competitive to you. Each of these four together is what you do. Individually, they're not competitive. So you can get the cannabis expert, you can be very honest with them, you can be very

01:35:21

we can deny also the prestige of like yc or you know some like big accelerators sure like if you want go in uh my main advice is don't overestimate uh how much these accelerators can actually help in the end you still work you know i mean and the other problem is like even if you have demo day uh if you like for example we had demo day this week with YC. The startups that didn't manage to, let's say in a month from now, haven't raised proper

01:34:20

your opinion sounds sounds reasonable sounds reasonable Let's go with reasonable. That's a good... That's as far as we go here. Your opinion sounds reasonable. So I personally believe, like in the current stage where you're at, this will bring you more. This is more bang for the buck because those are experts that can give you very specific feedback and so on and so on. Accelerators are really, really good

19:54

This isn't Shark Tank. We won't do pitches. I want to have the founders explaining what they do, obviously, so that we have all context. But this isn't meant to be a pitch show. We want to help people here, nothing else. I will not invest in the winners. This is not an investment show. I have a really weird taste in investments. I'm not doing this to find investments. I won't give advice to everybody. I have very rare specific knowledge in a very small group of topics. I honestly don't think this will

01:24:17

and everything yeah so this is kind of an ongoing question yeah sense. Let me quickly tell Mike to wait a second. I have the wrong window. Okay, cool. So number one, your first question, accelerators. Okay. My personal opinion on accelerators is you either go with the best one or you go with none. Okay. The best one is industry dependent. Okay. So for example, there's a few accelerators specializing on certain things. So for example, for space tech, there's like Techstar Space, which is very good.

01:24:38

My personal opinion on accelerators is you either go with the best one or you go with none. Okay. The best one is industry dependent. Okay. So for example, there's a few accelerators specializing on certain things. So for example, for space tech, there's like Techstar Space, which is very good. There's a few for healthcare and a few others. And there's a few and so on and so on. In most other cases, it's YC. So if you consider an accelerator, go for YC. It's my opinion.