Welcome to the Artificial Intelligence Podcast with Jonathan Green! In this episode, we dive into the dynamic world of AI accelerators with our special guest, Joseph Konijn, an expert in the field of startup acceleration and global expansion.
Joseph provides a thorough understanding of what accelerators entail, shedding light on the difference between acceleration and incubation programs. He emphasizes the current trend where accelerators are adding 'AI' to their offerings without necessarily incorporating true AI expertise. Joseph shares his candid insights on why 90-95% of accelerators might not provide the value startups seek, calling for a more genuine and tailored approach.
Notable Quotes:
"VC money is like heroin... it's a Ponzi scheme." - [Joseph Konijn]
"Investing is all about saying no to companies." - [Joseph Konijn]
"The second it feels disingenuous, AI-written content turns off investors." - [Joseph Konijn]
Joseph discusses the various models of accelerators, including those driven by VCs, private companies, and government programs. He introduces the innovative 'Build Accelerator' model, which focuses on delivering done-for-you solutions, allowing startups to concentrate on their core competencies rather than ancillary tasks.
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