I was initially put off by the "Well, in 8 years, why haven't they had a big (>100M) exit?" in the beginning; I figured it was more of the kind of silly entitled bubble talk I've been seeing elsewhere.
The equity analysis you pointed out as well as the description of the LoI stuff made me reconsider that position, and by the end of the article I was glad I read it. It wasn't quite the muckraking I was expecting, and instead was a decent exploration of when a fit with an accelerator just didn't exit.
Matasano never did the incubator/accelerator thing, right?
The equity analysis you pointed out as well as the description of the LoI stuff made me reconsider that position, and by the end of the article I was glad I read it. It wasn't quite the muckraking I was expecting, and instead was a decent exploration of when a fit with an accelerator just didn't exit.
Matasano never did the incubator/accelerator thing, right?