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FAQs

FAQs

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Well, I don’t want to go through YC or accelerators
  • Even if you don't want to go through any accelerators, our program still fundamentally prepares founders to raise money. Founders need to have a strong pitch, business model, and effective storytelling to successfully raise money, no matter from investors or accelerators.
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What is the timeline?
  • We take applications and conduct interviews on a rolling basis.
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What is the cost of the program?
  • It is free. But we take a small percentage of the equity.
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Why YC?
  1. We see potential in YC school-educated founders. We believe we will have more in common in the first place.
  2. Our partners and mentors have more YC-related resources and networks.
  3. It is a simple and straightforward way to bring us and the founders together to target the same goal and stay focused.
  4. Taiwan startups can benefit greatly from the assistance and visibility that top global accelerators like YC can provide.
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What is special about the program?
  • All 886 partners are involved. They are all previous founders before their exits, with solid experiences in building companies in the US and other markets.
  • We focus on the fundamentals and the application process. And we put in our networks for meaningful connections, all personalized.
  • There is no demo day. We coach the startup teams storytelling skills and help them show their edge.
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How are you going to help?
  • See 886 Velocity
    • Personalized curriculum, office hours, and coaching
    • Application review and interview prep
    • Practical tools and workshops
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Do I need a co-founder to apply?
  • No. But we are looking for a team.
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Can I apply if I’m non-technical?
  • Yes. But we hope you have someone handle the technical side.
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Can I apply if I have raised investment already?
  • Yes. If you have fundraising experience that would help.
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What kind of startup are you looking for?
  • Early stage. Still flexible in the product.
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Who will review my application?
  • 886 team, including managing partners and previous founders.
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Can I join virtually?
  • Yes, the program is hybrid.
    • We provide office space in Taipei.
    • Team events are mostly held on-site.
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