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- Newchip, an online accelerator promising to help startups, has filed for bankruptcy and is now facing insolvency amid employee and client discontent.
techcrunch.com/2023/05/19/this-austin-accelerator-made-big-claims-employee… - People also ask
This Austin accelerator made big claims; employees and …
It isn’t just employees who say they were burned by Newchip. Andrew Goei, founder of PitchPages, a pitch deck and fundraising software startup, said he wanted a refund a few months into the program after he felt he was not getting the promised services, specifically the investor intros. In an interview with TechCrunch, … See more
Though the employee group has more recently gone public with their grievances, they make claims of mismanagement going back years, including the clawback of sales commissions … See more
Has Anyone Here Done The Newchip Accelerator? Honest …
We 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: 13
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Newchip Accelerator Reviews
Newchip Accelerator is rated 4.6 based on 230 reviews. Newchip Accelerator has collected 230 reviews with an average score of 4.64. There are 222 customers that Newchip Accelerator, …
Newchip accelerator scam: Here's what I recommend to other …
May 19, 2023 · Newchip is not the only deceitful accelerator out there. Many programs don’t make any sense. As an early stage founder you should be extra cautious, read reviews, talk to …
Business Profile for NewChip Accelerator - Better Business Bureau
Status: Unanswered. I'm a ***********-based, solo start-up founder; bootstrapped since 2015. December 2022:Accepted on Newchip's program, paid USD7,500 fees from dwindling …
Have you gone through NewChip? Any thoughts? : …
I 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 every new startup …
The Newchip Accelerator: What I learned about the program from …
Dec 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 option. There are …
Accelerator review: Newchip - an equity-free option for …
Jun 23, 2022 · Newchip Accelerator is a startup accelerator focused on founders who want to raise funding for their businesses. Like all startup accelerators, it has four main components: it’s a fixed-term, cohort-based, mentorship-focused …
Newchip Reviews - 4.5 Stars - Sitejabber
Newchip has a rating of 4.5 stars from 58 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Newchip most frequently mention …
The Newchip Accelerator: What I learned about the program from …
Jul 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 approval, most …
Is Newchip Accelerator Legit? - According to Kyle Croyle
Newchip Accelerator has a 4.6 average rating from 230 reviews. NewChip has been a phenomenal experience. The tools have been invaluable, the people are always there to help …
They thought they were joining an accelerator - TechCrunch
May 2, 2024 · When the now-defunct Austin accelerator Newchip filed for bankruptcy, founders learned that warrants into their startups were being sold off.
Austin startup accelerator Newchip collapses - Austin Business …
May 12, 2023 · Austin-based startup accelerator Newchip announced May 12 it is shutting down. This story provides insight into the situation — including allegations of a failed hostile takeover …
Thoughts on Accelerators (Especially Newchip) - Indie Hackers
Oct 25, 2019 · I talked to Newchip about it as they had experience in crowdfunding and were experts there and they advised that most of the Reg A’s were spending hundreds of thousands …
Accelerator - Newchip : r/Entrepreneur - Reddit
Question? Does anyone have much experience or know much about Newchip Accelerator? I’ve been offered a place on their course - there’s a few but I’ll make that up in various credits …
The Rise and Fall of Unethical Accelerators: The Newchip Case
May 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 …
Thoughts on Newchip : r/smallbusiness - Reddit
Newchip is a scam— as someone who has been getting screwed by them, I can share a little bit here.
Newchip Enters Into Bankruptcy Liquidation - SiliconHills
May 13, 2023 · The Newchip Accelerator has an F rating with the Better Business Bureau and two complaints from 2022 claiming the company lied to them. One complaint stated the startup …
Just got approached by an Accelerator on Linkedin - Newchip
Hi I have a YouTube channel and website and was approached by someone from Newchip who are apparently an accelerator. I don't even really know what they are or if they are scam? …
NewChip Accelerator : r/Entrepreneur - Reddit
I was wondering if anyone has feedback on an accelerator named "newchip"? We got accepted to the "seed program" but they are requesting for $12K participation fee. Thanks!
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