500 startups Silicon Valley
The incubator is a 4-month, high intensity program aimed at refining, growing, and fundraising for early stage companies that have exhibited impressive early traction. Funded by PayPal and Google alums, 500 startups is one of the most, if not the most highly competitive accelerator program in Silicon Valley.
Over 1200 companies applied to our class, or “batch, ” and only 28 were accepted. We couldn’t be more excited to become #500strong and part of this amazing network of investors, mentors, and entrepreneurs.
As part of the program, two of the Stitch team members will be working out of their offices in Mountain View, California. This allows us to truly be an international company, split between Sydney and San Francisco. More importantly, we know being a part of this elite group will give us access to resources that we have only dreamed of to make Stitch an amazing experience for our members!
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Q&A
Why new business fail in the early stages?
4 out of 5 new businesses fail the first year for several reasons first they started to big and borrowed too much money on a hope it will succeed. Next they started a business that they did not have a passion for, just something they thought might be a good idea. I have owned and operated my own companies for 35 years, starting at the age of 17 and became a self made millionaire by the age of 25. Both companies I had a passion for, started small and did not let anything stop me from succeeding. I retired at the age of 50 due to a motor-cross accident one of my sons was in that left him…
