What type of technology companies, ideas or business models will Seed Accelerator™ invest in?
In principle your business model should be disruptive, scalable, preferably a ‘blue ocean’ and should fit in one of the following categories. • SaaS – These companies sell their product to customers via the web, and don’t bother with a “try before you buy” product. • Freemium – These companies give away a free product, and then try to upsell more sophisticated features or solutions on top of that. • Mobile – These companies provide a unique product and/or service for which mobile is the leading distribution channel. • Sell Installed App – Broken out from SaaS, because these companies are actually selling software that is licensed and physically installed. Subtle difference these days. • Gather/sell eyeballs – You might call this the “advertising” model, or the “underpants” model. Some call it “audience aggregation”. Some of the companies which achieved early exits were in this category (Socialthing, Intense Debate), but it’s quite risky too. Often, companies doing this initially have o