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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 … 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 and Ryan giving himself bonuses during monthly financial deficits. For example, … See more
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Newchip accelerator scam: Here's what I recommend …
WEBMay 19, 2023 · Was it a scam? Here’s what I recommend to other founders. By Bjorn Erik Hansen on May 19, 2023 - 12:12 pm. The recent collapse of Newchip, one of the world’s biggest accelerators, was a shock to the …
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...
WEBFollowMe22. Has Anyone Here Done The Newchip Accelerator? Honest Feedback? Question. We completed the interviews and were offered a spot in the next cohort of the …
- Reviews: 13
WEBNewchip has failed to deliver any of their promises to the hundreds of startups that go through their course.
- Founded: Mar 25, 2005
- Phone: (512) 367-0045
- Location: 211 E 7th St, Austin, 78701, TX
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 …
- People also ask
WEB1. [deleted] • 2 yr. ago. Search around. Sounds like everyone is accepted as long as you pay their “tuition” and most get “scholarships.” I’m not saying it’s a scam, but most …
Newchip Collapse: A Cautionary Tale About Startup …
WEBJun 15, 2023 · Some even went as far as to brand it a scam, a chilling reminder that all that glitters isn't gold in the world of accelerators. BTW: I remember 3-4 years ago one of the crypto fintech startups in my …
Newchip Accelerator Bait-and-switch Exposed - Hucksters
WEBJun 19, 2022 · Hucksters can exclusively reveal a large part of the illegal email spam and fraudulent bait-and-switch scheme run by Newchip, a “veteran owned” company based …
WEB9:00 AM PDT • May 6, 2024. Comment. Image Credits: TechCrunch. Building a startup is hard. Building a company that helps startups is similarly difficult. That’s the takeaway …
Newchip’s bankruptcy serves as a cautionary tale to founders
WEBMay 22, 2024 · 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 …
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 …
Scam Founder - Andrew Ryan Rafols (Newchip) : r/Scams - 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 STEM …
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 …
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 …
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 …
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 …
Have you gone through NewChip? Any thoughts? : …
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 …
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. …
They thought they were joining an accelerator - TechCrunch
WEBMay 2, 2024 · Newchip started out as an aggregator of top deals from “various equity-based crowdfunding platforms,” according to Silicon Hills News, and later evolved into …
Thoughts on Accelerators (Especially Newchip) - Indie Hackers
WEBOct 25, 2019 · Thoughts on Accelerators (Especially Newchip) A marketing person from Newchip has reached out and expressed interest in me/Lakebed joining their next …
newchip.com Reviews | check if site is scam or legit| Scamadviser
WEB1. 4. 9. 161. No reviews. Be the first to Review. Report Scam. GET YOUR MONEY BACK. ORDER MANUAL VERIFICATION. Why does newchip.com have an average to good …
Newchip CEO Andrew Ryan Accused of Sexual Harassment, …
WEBJun 12, 2023 · Senior Reporter. Updated Jun. 13, 2023 1:10PM EDT / Published Jun. 12, 2023 4:03AM EDT. I n late 2019, a seasoned startup investor took a meeting with a …
The “Hot Lotto” Scandal Was The Biggest Lottery Scam In The …
WEB2 days ago · The “Hot Lotto” Scandal Was The Biggest Lottery Scam In The History Of The U.S., Tampering With At Least Five Winning Drawings And Amassing Over $24 Million …
Is college Ave a scam? : r/StudentLoans - Reddit
WEBPrivate loans are the worst way to pay for school. College Ave is a private lender. They are not strictly a scam; they sell a legal financial product and comply with applicable laws …
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