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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. Dozens of employees of the troubled organization staged a walkout on May 4, demanding that founder Andrew Ryan step down as CEO.
techcrunch.com/2023/05/19/this-austin-accelerator-made-big-claims-employee… - People also ask
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 founders who completed the program, or who decided not to participate in the program. …
- Reviews: 13
See results only from reddit.comEx employee of Newchip Ac…
Newchip never had FINRA or any other brokerage certification. Seeing Ryan's …
NewChip Accelerator : r/Entr…
I was wondering if anyone has feedback on an accelerator named "newchip"? We …
WEBStatus: Unanswered. I'm a ***********-based, solo start-up founder; bootstrapped since 2015. December 2022:Accepted on Newchip's program, paid USD7,500 fees from …
- Occupation: Owner/Manager
- Founded: Mar 25, 2005
Newchip Accelerator Reviews - Read 230 Genuine Customer …
WEBNewchip 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 …
- 5/5(230)
- See more on techcrunch.comIt 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 TechCrunc…
Newchip accelerator scam: Here's what I recommend to other …
WEBMay 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 …
The Newchip Accelerator: What I learned about the program from …
WEBUnlike 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 two …
WEBNewchip is a scam— as someone who has been getting screwed by them, I can share a little bit here.
Accelerator review: Newchip - an equity-free option for startup ...
WEBJun 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 …
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 ...
WEBNewchip 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 …
Is Newchip Accelerator Legit? - According to Kyle Croyle
WEBNewchip 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 …
Accelerator - Newchip : r/Entrepreneur - Reddit
WEBQuestion? 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 …
Newchip Collapse: A Cautionary Tale About Startup Accelerator
WEBJun 15, 2023 · The harsh truth is that Newchip, despite boasting of helping its graduates bag $2.25B in funding, left many founders feeling short-changed. Some even went as far …
They thought they were joining an accelerator - TechCrunch
WEBMay 2, 2024 · When the now-defunct Austin accelerator Newchip filed for bankruptcy, founders learned that warrants into their startups were being sold off.
Newchip accelerator goes bankrupt - this is how they tried
WEBMay 17, 2023 · In August 2022 I was approached by a sales manager from Newchip - an accelerator program claiming to have helped over 5000 startups globally. The sales guy …
Newchip's bankruptcy serves as a cautionary tale to founders
WEB2 days ago · When Newchip, an online accelerator promising to help startups, filed for Chapter 11 bankruptcy in March 2023, it was revealed that the company had just $1.7 …
Austin startup accelerator Newchip collapses - Austin Business …
WEBMay 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 …
The Rise and Fall of Newchip Accelerator | by DC Palter ...
WEBMay 13, 2023 · Newchip rivaled Y-Combinator as one of the largest startup accelerators. But on May 11, it was ordered shut down by a bankruptcy judge amidst recriminations by …
Ex employee of Newchip Accelerator : r/VenturedCapital - Reddit
WEBNewchip never had FINRA or any other brokerage certification. Seeing Ryan's new scam under the guise of a "stealth AI startup" (he has no coding knowledge or any …
Thoughts on Accelerators (Especially Newchip) - Indie Hackers
WEBOct 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 …
NewChip Accelerator : r/Entrepreneur - Reddit
WEBI 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!
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 …
Just got approached by an Accelerator on Linkedin - Newchip
WEBHi 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 …
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