Six months after the second cohort launched, the ex-Googler fueled AngelPad is ready to have at it again with a third brood of 11 business Internet-focused, technology driven companies. A little over a year into its existence, AngelPad has launched 22 companies, 19 of which have raised money and one of which was acquired. "At AngelPad we deliberately work with a highly selected small number of companies," says founder Thomas Korte. "Last session, we selected 15 out of 2000 applications. That allows us to to give them a lot of attention and intensively mentor them on all aspects of early stage startup: the idea, the product and product-market-fit. Through the process we put a bit of Google DNA in every company and the result is a dramatically shorter cycle from idea to product market fit and even to revenue."
mercoledì 19 ottobre 2011
AngelPad?s Third Demo Day: Fifteen Startups Take Flight
Six months after the second cohort launched, the ex-Googler fueled AngelPad is ready to have at it again with a third brood of 11 business Internet-focused, technology driven companies. A little over a year into its existence, AngelPad has launched 22 companies, 19 of which have raised money and one of which was acquired. "At AngelPad we deliberately work with a highly selected small number of companies," says founder Thomas Korte. "Last session, we selected 15 out of 2000 applications. That allows us to to give them a lot of attention and intensively mentor them on all aspects of early stage startup: the idea, the product and product-market-fit. Through the process we put a bit of Google DNA in every company and the result is a dramatically shorter cycle from idea to product market fit and even to revenue."
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