To get their companies off the ground, many entrepreneurs have turned to start-up accelerators.
When chosing an accelerator, entrepreneurs must do their homework. They want one to align themselves with one that's founder friendly, has money to spare, and some proclivity for long-term stability. Most aren't any of those things.
Further, entrepreneurs must know the four rules investors go by when shopping for accelerator-nurtured start-ups, which are:
"Fast growth has its own pitfalls," Percival adds. "Growth without soul is just that. It produces a shell of a company or product and I can assure you quality investors have a great nose for that. There is such a thing as an overaccelerated company, and it's not desirable with investors."
Do you agree with Percival or would his rules not apply to your start-up?