How much does ER Accelerator invest in each company?
We invest $25,000 in each company we select. We don’t vary the amount per founder. We invest in the founders and company and let them use it as they see fit. In addition to the financial investment, we believe the largest investment ERA provides is the time of our operating partners and mentors—that’s what can’t be duplicated. We also provide 3 months free space, as well as free legal and other similar services. In exchange we receive an 8% equity stake in your company. It’s passive and aligns us with the same economics you as founders have.