Ep. 21 - Why (corporate) accelerators fail

Jan 30, 2024 · 32m 10s
Ep. 21 - Why (corporate) accelerators fail
Description

Why (corporate) accelerators failIt is not a secret that most corporate (and not only corporate) accelerators do fail. Among the reasons (based on a recent study) being very transactional and...

show more
Why (corporate) accelerators failIt is not a secret that most corporate (and not only corporate) accelerators do fail. Among the reasons (based on a recent study) being very transactional and taking equity. Intel Ignite, whose goal is to work with the best disruptors of the world (with a focus on early-stage deep tech startups), works differently. The acceleration program is built on a co-founder-as-a-service model. They act as co-founders without taking equity. “Startups are time-bound entities (they evolve very quickly), founders are not.” says Tzahi (Zack) Weisfeld. Intel Ignite aims at creating relationships with top notch founders.To make it work, you need:
  • The right people running (serial entrepreneurs)
  • The right corporate sponsorship (Ignite is supported by Greg Lavender, the EVP & Chief Technology Officer)
“The atomic unit we work with is not the startup. It is the founder”And, at the end, it pays back to Intel in terms of strategic returns and cultural change.
show less
Information
Author Mind The Bridge
Organization Tiberio Santomarco
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search