Review on The Family by Olugbenga Ajayi
The family, a good and innovative startup accelerator
The family is an accelerator company that was established in 2013. It has headquarter in Paris, France and also has offices in London and Berlin in other to reach out to startups in European countries.
The family mentor 20 startups in each session and provide remote training which also include discount on spending on network service provider. The family accomodate; founders in engineering and products fields and provide mentorship in form of funding, advisory, hiring etc.
Recently though the company has being staggering due to the effectbof the covid 19 that has affected it financially. As a result of this, it has halved its staff and also close tge offices in Berlin and London. However the comoany still remain active as it continues to invest in other businesses as it also continue to get funding from investors.
Pros
- Very good axxelerator company for European startups
- Provide remote and physical mentorship
- Has offices in tgree european countries
Cons
- The company is staggering because of the effect of covid 19
- It requires some percentage of equity
- It is heavily dependent on finding from financial bodiea and investors
