Posts Tagged ‘accelerator’

Finding Our Feet at 500Startups

After a week of phone calls, parties, accolades and shopping, we arrived in Mountain View to start the 500Startups program. The office is right in the downtown at the top floor of a huge glass building. We walked in absorbing every little detail – the elevator, pictures on the walls, colors of the doors. After 18 months of working from home, it was like walking into freedom. We were so excited about the program that we showed up at 8:30 AM on a Friday. No wonder there was only one person in the office, probably on a call with his overseas team. We had no keys so we waited outside till he paid any attention to us.

500Startups Office

The moment we walked in, we were awed by the breathtaking view of the valley from the 12th floor of the building. Yes, this is where great companies are created! Slowly people started trickling in and we found ourselves in the company of teams from as far as Tokyo, China and Jordan. Everybody was jubilant and super excited for the program.

The weekend went quickly in apartment search, furniture and collecting general supplies. Soon it was Monday, the first day of the program. Everybody was anxious to learn how the superhuman 500Startup team will transform our ideas into successful businesses overnight! The opening day was full of conversations with partners, fellow entrepreneurs, companies from the previous batches, and the picture started to emerge. The magic wand is access to awesome information, multiple resources, and a solid support system that will help fuel our business. Over the next four days, we had sessions on fundraising tips and tricks, networking, fireside chat with Dave McClure to learn his amazing entrepreneurial story, and meetings with several mentors.

Today is Sunday and it is 80 degrees outside. My co-founder and I are working in the office on a new release. My head is still spinning from all the things we accomplished in the last five days, including seven mentor meetings, three networking sessions, and a negotiation for our investment round with a VC firm, plus acclimatizing in the new setting (we are from NJ). We were working 16 hours a day on our business before we started the program. Now we have to tap into all the awesome resources along with what we were doing earlier. It is overwhelming!

Hopefully we will find our feet this week and strike a balance between making progress on the business and taking the best advantage of 500Startups’ resources. It’s all about moving fast and we have hit the deck running!

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