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Cofounding in Exchange for Equity (view source)
Revision as of 17:03, 12 July 2016
, 17:03, 12 July 2016no edit summary
**Possible Answer:
***Houston lacks bottom-up accelerators
***According to Paul Graham (founder of Y Combinator), alumni of YC are the best benefit that YC has to offer. So perhaps one of the things Houston lacks is a history of entrepreneurs. Hopefully the nascent hub "Station Houston" will help but only time will tell. [[http://www.forbes.com/sites/drewhansen/2013/02/18/whats-the-source-of-y-combinators-success/#1e7cb87d56a7]]
*Are these companies using innovative new techniques that could help?
**Possible Answer:
***To lesser degrees, startups like Y Combinator, Techstars, 500 startups, etc. do take equity. In the case of YC it's only 7% though, so most of the ownership is still left to the founders.
*Are there other techniques that could be used to help startups in Houston?
**Possible Answer:
***As stated earlier, more connections to people who have "done it before" could be really beneficial.
[http://mashable.com/2013/06/11/startup-accelerator-growth/#v80iBLhN78qM Pros and Cons of Startup Accelerators]
