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Newchip Collapse: A Cautionary Tale About Startup Accelerator
Manage episode 366266821 series 3474158
This story was originally published on HackerNoon at: https://hackernoon.com/newchip-collapse-a-cautionary-tale-about-startup-accelerator.
Exploring the dark side of startup accelerators through the Newchip bankruptcy scandal and how such institutions can potentially harm early-stage startups.
Check more stories related to startups at: https://hackernoon.com/c/startups. You can also check exclusive content about #startup-accelerators, #accelerator-industry, #bankruptcy, #business, #startup, #startups, #technology, #hackernoon-top-story, #hackernoon-es, #hackernoon-hi, #hackernoon-zh, #hackernoon-vi, #hackernoon-fr, #hackernoon-pt, #hackernoon-ja, and more.
This story was written by: @web3mops. Learn more about this writer by checking @web3mops's about page, and for more stories, please visit hackernoon.com.
Newchip, once strutting its stuff alongside the big guns like Y-Combinator, found itself in a real pickle. It's been ordered to shut down and liquidate while under the shadow of Chapter 11 bankruptcy. These startups, who'd shelled out anywhere between $8K to $20K, were left holding the bag with unfulfilled promises.
88 פרקים
Manage episode 366266821 series 3474158
This story was originally published on HackerNoon at: https://hackernoon.com/newchip-collapse-a-cautionary-tale-about-startup-accelerator.
Exploring the dark side of startup accelerators through the Newchip bankruptcy scandal and how such institutions can potentially harm early-stage startups.
Check more stories related to startups at: https://hackernoon.com/c/startups. You can also check exclusive content about #startup-accelerators, #accelerator-industry, #bankruptcy, #business, #startup, #startups, #technology, #hackernoon-top-story, #hackernoon-es, #hackernoon-hi, #hackernoon-zh, #hackernoon-vi, #hackernoon-fr, #hackernoon-pt, #hackernoon-ja, and more.
This story was written by: @web3mops. Learn more about this writer by checking @web3mops's about page, and for more stories, please visit hackernoon.com.
Newchip, once strutting its stuff alongside the big guns like Y-Combinator, found itself in a real pickle. It's been ordered to shut down and liquidate while under the shadow of Chapter 11 bankruptcy. These startups, who'd shelled out anywhere between $8K to $20K, were left holding the bag with unfulfilled promises.
88 פרקים
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