Review on Chinaccelerator by Adedamola Adeniji
Chinaccelerator: Startups in China Cannot Have It Better Elsewhere
Chinaccelerator, is the first of its kind In China, set up to mentor and guide internet start-ups around the globe.
It runs on venture fund SOSV with 740 million dollars plus AUM working with team of six global accelerator
Startups and budding entrepreneurs with Chinaccelerator will have access bro follow on funding from it's alumni all over Asia, with well over 300 mentors from Asia and other parts of the globe.
It also boasts of more than accessing funding immediately after Demo day with strong tilt towards women and local businesses owners, a business philosophy I particularly commend because but gives all gender equal footing
It was founded some 27 years ago by Sean I'm Sullivan with more than two decades operational history coupled with investment in over 170 companies per year.
Internet Startups especially one in Asia region cannot have it better elsewhere
Pros
- More than two decades of operational track record.
- Consistently providing funds to its Startups up to 80 percent.
- Empowering women and local people.
- Very rich base of mentors and business mugul across the globe.
Cons
- None for now.
