As our experience with acquiring working capital evolves, from the comfort with risk on the part of VCs in your town shifting over time to the introduction of Crowdfunding as a serious source of capital, entrepreneurs everywhere are trying to understand not just how to connect, network, and collaborate, but how to develop relationships with the right investors. Incubators, accelerators, and coworking spaces are the place to start.
Finding the right fit for you as a person, your team, and your passion, is critical. To wit, the initial Boston operation of Y Combinator was closed out of frustration with New England’s typical investment style; making it difficult for Y Combinator’s consumer, web-based ventures to to receive funding.
Suggesting that where, precisely, matters more than if you get in, no?
To know where and how you fit, you have to explore your community from the 30,000 foot view and first ask why such resources exist. What role do coworking spaces, incubators, and accelerators play in your community? How do they benefit you? And why should you get involved?