
1Mby1M Founder Sramana Mitra wants entrepreneurs to not waste their time and money.
The waste stems from a widespread misunderstanding of how investors think.
Over 99% of founders chase funding before they are fundable.
Here, Sramana teaches how to build with customer money (otherwise known as revenue) until a startup reaches that fundable stage.
Once fundable, a startup can go to investors like a king, not a beggar.

I have been running 1Mby1M since 2010. I find myself saying to entrepreneurs ad nauseam that VCs want to invest in startups that can go from zero to $100 million in revenue in 5 to 7 years.
Startups that do not have what it takes to achieve velocity should not be venture funded.
Experienced VCs, over time, have developed heuristics to gauge what constitutes a high growth venture investment thesis.
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The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!
Alright, let’s cut through the noise and get to the brutal truth of the startup accelerator world. Many entrepreneurs, starry-eyed and naive, leap headfirst into 3-month accelerator programs without truly understanding the long-term implications. It’s time for an incisive commentary, a necessary dissection.
>>>By Guest Author Kaushank Nalin Khandwala | Reviewed by Sramana Mitra

This article is an overview of a series of articles summarizing the Startup Accelerator Ecosystem in Jaipur comparing it to 1Mby1M. This Jaipur city series highlights accelerator programs that are particularly relevant for Jaipur-based founders, including virtual accelerators, non-equity programs, and platforms that support bootstrapped and solo entrepreneurs. The focus is on accelerators that emphasize customer validation, revenue-first thinking, and long-term value creation, rather than short-term demo-day outcomes.
Jaipur is one of India’s most active entrepreneurial hubs, with founders building startups across fintech, SaaS, media, marketplaces, logistics, and consumer technology. Entrepreneurs in the city have access to a wide range of accelerator programs—both local and global—that support different stages of the startup journey.
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The invest in AI frenzy continues with Amazon (NASDAQ: AMZN) announcing $200 billion AI related capital investment this year. Like other tech players, Amazon wants to invest heavily in building infrastructure and computing power for AI.
>>>Guest Author Kaushank Nalin Khandwala

Many startup accelerators emphasize rapid growth, investor pitches, and fundraising milestones. However, for a large number of early-stage entrepreneurs, the most critical phase of building a company is validation — confirming that a real problem exists, identifying paying customers, and refining a viable business model.
>>>Guest Author Kaushank Nalin Khandwala

Accelerators are often associated with short, intensive programs lasting three to four months, culminating in demo days and investor pitches. While such programs can provide visibility and early connections, many founders require longer-term mentoring relationships to navigate the complex process of building sustainable companies.
>>>Guest Author Kaushank Nalin Khandwala

Startup accelerators are often marketed as gateways to funding. Demo days, investor meetings, and pitch events have become defining features of many accelerator programs. Yet an important question remains: how meaningful are these investor introductions for founders?
>>>-Guest Author Kaushank Nalin Khandwala

Startup accelerators are often structured as short, intensive programs lasting around three months, culminating in demo days and investor pitches. While these programs can create momentum, many founders discover that building a sustainable company is closer to a marathon than a sprint.
>>>Guest Author Kaushank Nalin Khandwala

A large number of entrepreneurs start companies while holding full-time jobs or stable sources of income. This model — often called bootstrapping with a paycheck — allows founders to experiment, validate ideas, and build early revenue without immediately depending on external funding.
>>>Guest Author Kaushank Nalin Khandwala

In the startup world, the concept of blitzscaling—rapid expansion fueled by significant capital—has received widespread attention. However, many successful companies reach that stage only after a period of careful bootstrapping, market validation, and disciplined growth.
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