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  2. People also ask
    What is newchip & how does it work?Newchip started out as an aggregator of top deals from “various equity-based crowdfunding platforms,” according to Silicon Hills News, and later evolved into an accelerator that promised to help startups grow their companies and meet investors — for a hefty fee.
    How much does newchip cost a startup?It charged startups between a few thousand dollars and $18,000 to $20,000 for its training programs, founders said. Startups also granted Newchip the right to buy $250,000 worth of shares in the company at a later date, but at their current valuation — this type of deal is also known as a warrant.
    Why did newchip fail?Essentially, Newchip presented itself as an accelerator that would help startups meet and raise money from investors and grow their companies for a fee. But the accelerator failed to deliver on a number of its promises, some employees say, and left hanging founders who had signed up.
    How did newchip start?Newchip initially started out, according to Silicon Hills News, “as an aggregator of top deals from various equity-based crowdfunding platforms,” and later evolved into its current accelerator model.
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  8. This Austin accelerator made big claims; employees and …

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  10. The Rise and Fall Of Newchip Accelerator

  11. Ex employee of Newchip Accelerator : r/VenturedCapital - Reddit

  12. Newchip Accelerator - Awful leadership | Glassdoor

  13. They thought they were joining an accelerator - TechCrunch