“For starters of an early stage company with a great idea and potential but needing business. know-how and access to investor networks, Newchip is one of the few true accelerators for early stage companies. Being part of the Newchip community means access to wisdom from other successful serial startup entrepreneurs, whose value can't be overstated, in addition to their great team and networks of mentors and investors.”
“NewChip has been a great experience and has helped a ton with investor connections. They have quality mentors, advisors, and investors. Highly recommend it!”
“As a founder, there are so many moving pieces you need to manage masterfully. Boasting decades in the startup space, along with over a dozen successful exits, Newchip's leadership team has created a comprehensive & indelible program for newfound + seasoned founders, alike. I highly recommend the Newchip experience to any founder looking to roll their sleeves up, grind, and grow.”
“The people running the program are very knowledgeable in startups and have very practical and actionable advice. I also like the focus on fundraising - that is often the first big hurdle for a company that wants to grow fast.”
“I was leery at first, but this has been a great experience. The virtual self paced content is great. But the real value here has been the support staff, mentoring, and mastermind groups. Very happy with my choice to invest and participate in Newchip!”
“I'm glad that Newchip exists. What a great team of energetic, thoughtful leaders Ryan and Nihar have assembled around them! Without their guidance we'd be nowhere near where we are now and are looking forward to closing with our lead investor in our Series Seed round, introduced to us via the Newchip network. If a small start-up in Oregon can plug into the knowledge and depth of connection that Newchip provides, anyone can! Join. And get ready for some hard, rewarding work.”
“One month in and still challenged daily with thought-provoking webinars, reviews and growth concepts. I also enjoy the mastermid session tools for contributing to those who aren't quite as far down this path as we are.”
“Since becoming a mentor at Newchip, I have had very little communication with the Newchip staff. I have submitted reports, following mentor sessions, but have not received feedback.
MedVector recently graduated. Would Newchip like to hear my feedback? This mentee was less than fully invested in the program and I had to invite him to meet with me. 7 sessions was suboptimal.
In contrast, WokoLoco and GYMPerfume are enthusiastic founders who are taking full advantage of the program.
I have referred one mentor and one startup to Newchip. I have not heard if this effort was appreciated. If you prefer that I not do this, let me know.
I was told when I joined Newchip that compensation in the form of equity in Newchip would be given in return for the time spent mentoring. I would like a more detailed description of how this will be done.
I am a full-time consultant, with over 12 years of experience as an investor, advisor. coach and mentor in several programs in Austin and internationally.”
“I founded 2 companies and had a successful exit with one, so I was a bit skeptical about joining an accelerator program, but they convinced me they’d bring value with some pretty lofty claims of the successes they’ve had for other companies fundraising. The price wasn’t bad so I decided to give it a shot. Very impressed, actually. Tapping into their network probably cut several months off of my Seed round.
Didn’t do all of the curriculum, since this isn’t my first rodeo, but still actually learned a good deal from the curriculum I did do. Honestly, with the level of service they offer to their companies, my biggest feedback to them is raise your prices.”
“As a life long entrepreneur (who even did a deal on Shark Tank) It was tough for me to decide if I should join in the Newchip accelerator. So far, between the lessons I am learning, the community support and the collective knowledge contained inside, this honestly one of the best decisions of my entrepreneurial career. I honestly wish joined Newchip BEFORE I went on Shark Tank and I am only 1/3 of the way through.”
“Overall, my experience with Newchip is very positive. First of all, the Newchip team is dedicated and very passionate about our success. The content is very relevant to what we should be learning and they kept feeding us with weekly live content.
One of the biggest thing for me is the Connect program Newchip offers. This has enabled me to expand my network and helped me find the people who provided me with so much information I could use to navigate the company.
The only thing I wish could have been a bit better is the onboarding process. I was a bit lost in the beginning on how I could navigate through the course work. Also, the platform website is a bit slow from time to time but I realized Newchip was making improvements. However, I was able to navigate through this just fine.
I'd recommend Newchip to any company in an early stage. You will definitely walk away with lots of values and save you a lot of time trying to figure things out on your own.”
