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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 … See more
We are currently raising a new round, which isn’t easy considering we are in SexTech. Most VCs prefer to stay away from sexual health and wellness. Investors suffer the malady … See more
We quickly realized that Newchip’s business model was also a deception. Apart from the $9K fee for the program, they wanted the … See more
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Has Anyone Here Done The Newchip Accelerator? Honest …
WEBWe completed the interviews and were offered a spot in the next cohort of the Newchip accelerator. Really curious to hear honest feedback (good and bad) from other startup …
- Reviews: 12
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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.
- 5/5(230)
- Location: 211, East 7th Street, Austin, 78701
This Austin accelerator made big claims; employees and …
WEBMay 19, 2023 · Newchip, an online accelerator promising to help startups, has filed for bankruptcy and is now facing insolvency amid employee and client discontent.
NewChip Accelerator | Better Business Bureau® Profile
WEBCustomer Reviews. 1/5. Average of 2 Customer Reviews. Read Reviews Start a Review. Customer Complaints. 3 complaints closed in last 3 years. 1 complaints closed in last 12 …
- Founded: Mar 25, 2005
- Phone: (512) 367-0045
- Location: 211 E 7th St, Austin, 78701, TX
Newchip Reviews - 58 Reviews of Newchip.com | Sitejabber
WEBNewchip has a rating of 4.45 stars from 58 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Newchip most …
The Newchip Accelerator: What I learned about the program from …
WEBDec 2, 2021 · Unlike many other accelerators, Newchip’s program doesn’t take equity up-front. However, while they sell themselves as “equity free,” they do have an equity …
They thought they were joining an accelerator - TechCrunch
WEB5 days ago · In 2022, Hunter started TechAid, an AI smart-matching tool for humanitarian aid, and was just beginning the accelerator’s curriculum when Newchip filed for …
Accelerator review: Newchip - an equity-free option for startup ...
WEBJun 23, 2022 · After positive experiences from a few Propel members, we can say that Newchip may be what you're looking for. In this review find out where the program is …
The Newchip Accelerator: What I learned about the program from …
WEBJul 2, 2022 · Getting approval to be part of Newchip’s IR Program was the main goal for many founders entering the accelerator. With the requirements to receive program …
Have you gone through NewChip? Any thoughts? : …
WEBHi, I am considering taking my company through the NewChip accelerator for fundraising. It looks promising but their high pressure sales tactics are putting me off. That of course …
Newchip accelerator goes bankrupt - this is how they tried
WEBMay 17, 2023 · 57 10 Comments. In August 2022 I was approached by a sales manager from Newchip - an accelerator program claiming to have helped over 5000 startups …
The Rise and Fall of Unethical Accelerators: The Newchip Case
WEBMay 25, 2023 · Success metrics seemed generic and misleading. Most founders called the program a "waste of money" or a "scam". Newchip's Collapse. In March 2023, Newchip …
TechCrunch Minute: Newchip, Techstars and what happens …
WEB2 days ago · In the case of Newchip, the accelerator appeared to promise a bit more than it could deliver. Mix in a culture that appeared to be turbulent at best, and you have a …
Accelerator - Newchip : r/Entrepreneur - Reddit
WEBFree_space_16. Accelerator - Newchip. Question? Does anyone have much experience or know much about Newchip Accelerator? I’ve been offered a place on their course - …
Thoughts on Accelerators (Especially Newchip) - Indie Hackers
WEBOct 25, 2019 · 1. Newchip has reached out and expressed interest in me/Lakebed joining their next accelerator cohort. karenslater. ·. 2 years ago. ·. 1. I went through the …
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 …
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. If …
The Rise and Fall of Newchip Accelerator | by DC Palter ...
WEBMay 13, 2023 · Was Newchip a legitimate accelerator providing valuable services to young startups destroyed in an attempted coup by vengeful former employees? Or was …
Ex employee of Newchip Accelerator : r/VenturedCapital - Reddit
WEBEx employee of Newchip Accelerator. Scam Founder - Andrew Ryan Rafols (Newchip) I was an investor in a company called Astralabs founded by a guy named Andrew Ryan …
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 …
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 …
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.
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