My first thoughts when I started reading about the microseed accelerators (and especially about the one I interviewed, which will be forthcoming) is that they assume that entrepreneurs will listen. If the entrepreneurs want the money they will listen is the real idea.
This will probably be a great disqualifier. Those entrepreneurs that are not willing to listen or present themselves as unwilling listeners will not make it to the final round of selection. I am concerned about those groups that will fake listening just to get the money.
What checks and balances do the accelerators have? Can they dismiss someone halfway through the plan?
Interesting thought. Stay tuned as we start to explore a specific accelerator starting up in Dallas, Texas.
