I spent a little time at StartupWeekendHamilton3 in April as a mentor and was talking to a young founder who proclaimed that there was one great accelerator in Canada. Who he said it was surprised me a little and got me thinking, what makes an accelerator “the best” and why should an eager founder care? The baseline in my mind is Y-Combinator. No one can argue it is the best seed-stage accelerator based on its results. What is difficult for everyone to agree upon is what does it do to achieve those results or even harder, what defines success?
March break aside, we kept up the pace last month with a great lineup of content that featured some excellent posts from our guest bloggers. Hot topics included opportunities in the global smart TV market, criteria for hiring a worthy writer and the risks and rewards of having a product that is truly unique in the marketplace.
In case you missed any of it, here is a handy recap of our posts, as ranked by the enthusiasm of our readers:
March 20: Calling Canada’s startups: There’s a $200B TV market ripe for the taking, by Jason Flick
March 19: Is that writer worth the cost of the ink?, by Leo Valiquette
March 26: The ballad of the undifferentiated product, by Francis Moran
March 27: The ‘Accelerator Bubble’ will pop, but not for the reason you think it will, by Jesse Rodgers
March 25: Three (not so) simple strategies to avoid ‘losing the plot’ in marketing, by Rob Woyzbun
March 07: Oracles, shamans and storytellers, by Bob Bailly
March 13: It’s still rock and roll to me, by Francis Moran
March 21: Best of: My three buckets of customer segmentation, by Francis Moran
March 06: You can’t rely on the channel to grow sales in new markets, by Jeff Campbell
March 11: Drafting your own patent disclosure document, by David French
March 12: Don’t give your customers reasons to ask for apologies, by Leo Valiquette
March 18: Some dos and don’ts of governance, by Denzil Doyle
March 14: Before you jump on the content-marketing bandwagon …, by Leo Valiquette
March 05: From courting Hollywood’s A-list to navigating the Chinese New Year, by Leo Valiquette and John Hill
The incubator/accelerator market has a growing number of people watching and waiting for its bubble to pop. The reasons cited for this looming pop should be obvious: most accelerators aren’t going to perform as well as some TechStars programs and not even close to Y Combinator. Poor performance (measured in the number of short-term wins) along with the short-term nature of the funding behind most of the accelerator programs will cause them to run out of money and simply fade into startup history.
But that won’t pop the bubble.
By Daylin Mantyka
As a regular feature, we provide our readers with a roundup of some of the best articles we have read in the past week. On the podium this week are Techvibes, MarketingProfs, Co.Create and GigaOM.
Ian MacKinnon talks about the pros and cons of joining an accelerator and whether or not it’s right for your company.
The problem isn’t too little smart money, it’s too many dumb deals
By Ronald Weissman
The meme of the month is “The Series A Crunch.” According to Crunch Theory, many worthy seed-funded startups lack follow-on capital because VCs now have smaller funds or have moved later stage. CB Insights estimates $1 billion in seed financing will be “incinerated” and at least 1,000 companies will be orphaned. Other data suggest that the number of orphans could be much larger.
Those who say the problem lies with VCs (CB Insights isn’t one of them) must argue that the number of Series A deals has fallen sharply. This is not true and the problem lies elsewhere. Whatever the cause, there is, certainly, a capital crunch for seed-funded startups and it is likely to get worse, as the backlog of seed-stage companies needing Series A funding continues to grow.
Is your job as social media expert about to become obsolete?
November 28, 2013 by Francis Moran
When radio first came on the scene, getting the little box with its seemingly-magical mechanisms that plucked sound waves out of the air to actually make noise required users to know how radio worked [...]Read more... -
Government policy makers need to be at tech events
November 27, 2013 by Denzil Doyle
One of the best networking opportunities in the Ottawa area is something that is known as Tech Tuesday and is sponsored by Terry Matthews. It is held on the first Tuesday of every month at the Marshes golf course and is basically open to the public [...]Read more... -
What’s in a name?
November 26, 2013 by Leo Valiquette
A company name that is a mashup of the founders’ initials. A company name drawn from the item the first business plan was sketched upon, or where the founder was enjoying a cocktail when they struck upon the idea [...]Read more... -
Great articles roundup: Misfit and millennial entrepreneurs, marketing teams and content marketing
November 22, 2013 by Daylin Mantyka
It’s Friday — which means that it’s time for the great articles weekly roundup. This week. we selected some read-worthy content from Fast Company, Under 30 CEO and Marketing Tech Blog [...]Read more... -
‘They didn’t do any marketing. They just went to SXSW’
November 21, 2013 by Francis Moran
I’d be a semi-rich man if I had a dollar for every time I’ve heard someone point to one of the spectacularly successful companies that have exploded onto the marketplace over the last few years and say, “They didn’t do any marketing. They just …” [...]Read more... -
The facts behind unhappy unpaid inventors
November 20, 2013 by David French
A recent story published by the OTTAWA CITIZEN on November 7, tells of an individual named as an inventor on a patent for foaming alcohol hand rub who feels that he has not received just treatment at the hands of his employer. Here’s the story [...]Read more... -
Entrepreneurship: It isn’t really about the money
November 19, 2013 by Leo Valiquette
It’s Entrepreneurship Week.
There are events aplenty to recognize, celebrate and wax philosophical on what it means to be an entrepreneur, what it takes to be an entrepreneur, and how entrepreneurs should be supported, encouraged and nurtured [...]Read more... -