Risk vs Reward
Private startup accelerators reduce the risk to founders by delaying any equity deals until they have proven themselves as a true value-add business partner.
The only risk to founders is the initial fee for the program. However, some private accelerators (such as SaaS Camp) are so confident in what they do, they offer a money back guarantee if you’re unsatisfied with the service or don’t achieve a minimum increase in monthly recurring revenue (MRR).
Unparalleled Support
As we have previously touched upon, the levels of support and access to expert advice available in a private startup accelerator dwarfs those available in traditional accelerators.
This is because private accelerators are designed to be ongoing programs rather than time-limited courses. Once you graduate from a normal accelerator, you get to keep the contacts you made, but that’s about it.
With a private accelerator, the primary concern is the success of its participant’s businesses. You can check in with your support team whenever you need even once your assigned modules are complete.
It is in their interest to provide as much value and progress to your business as they can because once they do, the chances of forming an equity-based ongoing partnership in the future increase dramatically.