My guest for Episode 87 of The Startup Playbook Podcast is Michael Cardamone, the Managing Director of Acceleprise
As some of you may have heard and or seen, one of the initiatives I am involved with is bringing Acceleprise to Australia.
Acceleprise is a 4 month accelerator program that invests $75,000 for 7.5% equity into the most promising B2B or Enterprise SaaS companies. The core focus of the program is helping startups close sales, drive revenue and build a platform for scalability through providing direct introductions to potential customers, workshops to help you generate and close leads and providing access to world-class mentors who have built successful SaaS businesses or are key decision makers in large scale enterprises.
As part of the our partnership with Acceleprise in the US, our teams will spend the last month of the program in San Francisco where they will get to work alongside the US cohort, get introduced to potential customers in the American market and pitch at the San Francisco demo day.
Applications for cohort 1 are open till the 27th of June with our first intake starting in July 2018. If you are interested in applying head over to the Acceleprise website or if you want to find out more about the program, send me an email at email@example.com.
To provide more context on Acceleprise and what it takes to build successful SaaS businesses, my guest for this podcast episode is Michael Cardamone – the Managing Director of Acceleprise.
Prior to Acceleprise, Mike was one of the first 30 employees at Box as one of their Business Development Managers, before becoming the VP of partnerships at AcademixDirect. He then went on to spend some time as a Venture Partner as SaaStr’s $70M VC fund.
Mike has been running the Acceleprise program since June 2014 and to date has invested in over 70 companies, a large proportion of which have gone on to raise subsequent rounds of capital and scale and several of which have gone on to be acquired such as AdHusky, Bridgecrest Medical, Encore Alert and MetaLayer just to name a few!
In this brief interview recorded just before Acceleprise’s recent demo day in San Francisco, we covered a range of topics including:
How culture affects growth trajectory
The ingredients of a strong team
Why the best founders have conviction of the market and market opportunity
Strategy to find effective pricing
What founders should look for in accelerator programs