from Hacker News

My personal story on the unethical behaviors of the TechCode accelerator

by rglovejoy on 3/18/17, 10:19 PM with 8 comments

  • by abeyer on 3/19/17, 12:01 AM

    A bit of Occam's Razor might be called for before suggesting hidden agendas and IP theft by foreign governments.

    It sounds like a new program that overpromised, didn't plan well, and struggled to deliver would have been a similar experience.

  • by skmurphy on 3/18/17, 11:53 PM

    FYI two days after writing this article he shut down his startup https://medium.com/@OmidAminfar/the-end-of-my-rewarding-star... so while I am not disputing the accuracy of his statements there may be other factors as work as well.
  • by weisser on 3/18/17, 11:54 PM

    I think you should only call a program an accelerator if they invest at the start in all participants. Otherwise a word like incubator or competition probably makes more sense.
  • by burntrelish1273 on 3/19/17, 5:42 AM

    There's no barrier-to-entry for a shop to call themselves an "accelerator."

    Reputation*3.

    YC, 500 and some others. Doing due-diligence, building rapport with key people and managing expectations can help. Also, big names have a lot more to lose (rep) and so tend to be safer bets.

  • by Hydraulix989 on 3/19/17, 2:24 AM

    I read this earlier today, and I don't remember the author calling out the accelerator by name. Was this a later edit?