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Former Newchip employees told TechCrunch that the company “rarely issued refunds.” They also claimed that the company paid customers to remove negative reviews. Ryan disputes both of those claims.
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WEBBut, be aware because they might have a "shame" bias, if they spent money and they don't think it's worth it, they would be shameful to admit that they spent money on that. 1. …
- Reviews: 12
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Newchip accelerator scam: Here's what I recommend to other …
- On paper, everything seemed great. Newchip had been active for more than 6 years, had tons of great press and said they had helped 5,000 early stage startups that graduated their program. Also, their business model was based on fees rather than equity, something that appealed to us. However, too many things bothered me. First of all, I never heard ...
WEBNewchip has failed to deliver any of their promises to the hundreds of startups that go through their course.
- Founded: Mar 25, 2005
WEBI think the general consensus around here if I remember other time people brought up NewChip was, if you have to pay, it’s essentially a scam. They reach out to practically …
- Reviews: 10
WEBNewchip appears to be a scam: 1. Either all or most of the companies in the group I was part of were unhappy with them. 2. They have extensive requirements before they will …
WEBMay 25, 2023 · Questionable Marketing Claims. Newchip cited $2.25B in funding for graduates but few founders credited Newchip for their success. Success metrics seemed generic and misleading. Most founders...
WEBBut, be aware because they might have a "shame" bias, if they spent money and they don't think it's worth it, they would be shameful to admit that they spent money on that. …
Newchip Collapse: A Cautionary Tale About Startup …
WEBJun 15, 2023 · Is Newchip a scam? And even more in Reddit: Newschip review. Source.
Newchip Accelerator Reviews - Read 230 Genuine Customer …
WEBNewchip Accelerator has collected 230 reviews with an average score of 4.64. There are 222 customers that Newchip Accelerator, rating them as excellent.
Newchip accelerator goes bankrupt - this is how they tried
WEBPublished May 17, 2023. + Follow. In August 2022 I was approached by a sales manager from Newchip - an accelerator program claiming to have helped over 5000 startups …
Austin startup accelerator Newchip collapses amid bankruptcy …
WEBMay 12, 2023 · Despite its history of connecting entrepreneurs with startup capital — Newchip's website boasts that it works with investors at Elevate Capital, DreamIt and …
The Rise and Fall of Newchip Accelerator | by DC Palter ...
WEBMay 13, 2023 · Member-only story. The Rise and Fall of Newchip Accelerator. One of the biggest startup accelerators is being liquidated. Was it a scam or just another failed …
Austin startup accelerator Newchip collapses - Austin Business …
WEBMay 12, 2023 · Despite its history of connecting entrepreneurs with startup capital — Newchip's website boasts that it works with investors at Elevate Capital, DreamIt and …
Is this startup accelerator a scam? | Hacker News
WEBBy all accounts, yes they are a SCAM. They may have good intentions, not sure. I talked to them, then talked to a "graduate" I happened to know. They will teach you basic stuff …
Newchip Enters Into Bankruptcy Liquidation - SiliconHills
WEBMay 13, 2023 · Newchip entered into bankruptcy liquidation last week. The Austin-based company rebranded as Astralabs, doing business as Newchip and Newchip …
Thoughts on Accelerators (Especially Newchip) - Indie Hackers
WEBOct 25, 2019 · by Simon Le Pine. A marketing person from Newchip has reached out and expressed interest in me/Lakebed joining their next accelerator cohort. They don't have …
Newchip CEO Andrew Ryan Accused of Sexual Harassment, …
WEBJun 12, 2023 · Insiders say Newchip’s Andrew Ryan duped clients, sexually harassed employees, and mismanaged the company. He says they’re staging a coup.
The Rise and Fall of Newchip Accelerator - Must Read - LinkedIn
WEBPublished May 14, 2023. One of the biggest startup accelerators is being liquidated. Was it a scam or just another failed startup? DC Palter wrote an excellent article on NewChip. …
Startup accelerator Newchip goes bankrupt – Details - MSN
WEB• 11mo • 3 min read. Newchip, a startup accelerator that has been active for over six years, has filed for bankruptcy, according to a letter penned by the company’s CEO and …
Ex employee of Newchip Accelerator : r/VenturedCapital - Reddit
WEBr/VenturedCapital. • 5 min. ago. Equivalent_Idea_3009. Ex employee of Newchip Accelerator. Scam Founder - Andrew Ryan Rafols (Newchip) I was an investor in a …
Just got approached by an Accelerator on Linkedin - Newchip
WEBTheSleepSeeker. Just got approached by an Accelerator on Linkedin - Newchip - Anyone heard anything about them? Hi I have a YouTube channel and website and was …
Accelerator - Newchip : r/Entrepreneur - Reddit
WEBOnce you pay them, that's basically all they care about, afaik most of these pay to play accelerators are focused on sale #1, not sale #2 or lifetime value. You're better off …
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