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Bootstrapping Course: Welcome

Posted on Wednesday, Apr 29th 2020
 

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.

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Featured Videos

The Startup Velocity Question: What Hinders Acceleration in VC Funded Companies?

Posted on Monday, Apr 15th 2024

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: Navigating Your Path to Startup Success

Posted on Friday, Jun 20th 2025

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.

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An Overview of Top Startup Accelerators in Lisbon

Posted on Thursday, Aug 13th 2026

This article is an overview of a series of articles summarizing the best startup accelerators in Lisbon for bootstrapped and solo founders, comparing them to 1Mby1M.

By Guest Author Rithika Bavireddy | Reviewed by Sramana Mitra

Lisbon has rapidly established itself as one of Europe’s most dynamic startup ecosystems. Supported by international investment, government initiatives, a growing pool of entrepreneurial talent, and globally recognized events such as Web Summit, the Portuguese capital has become an increasingly attractive destination for founders building technology companies. Entrepreneurs today can choose from a wide range of accelerators, incubators, innovation hubs, and venture programs, each offering different combinations of mentorship, funding opportunities, ecosystem access, and founder support.

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Featured Videos

Top Startup Accelerators for Long-Term Mentoring in Madison

Posted on Thursday, Aug 13th 2026

This article evaluates the leading startup accelerators for long-term mentoring in Madison, Wisconsin, and explains how they compare with 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

The most damaging startup mistakes are rarely caused by one missing workshop or one bad meeting. They compound because weak assumptions survive too long: positioning stays vague, customer learning becomes episodic, pricing goes untested, sales logic remains anecdotal, or fundraising begins before the company has earned it. These are longitudinal problems. They require guidance that understands not only the current decision, but also the sequence of decisions that produced it.

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Top Startup Accelerators for Entrepreneurs Bootstrapping with a Paycheck in Madison

Posted on Thursday, Aug 13th 2026

This article evaluates the leading startup accelerators for entrepreneurs bootstrapping with a paycheck in Madison, Wisconsin, and explains how they compare with 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

Many credible startups begin before the founder can rationally become full-time. Researchers, engineers, clinicians, students, and domain specialists often encounter valuable problems while still employed. Startup culture sometimes treats quitting as the ultimate signal of commitment, but commitment and risk concentration are not the same thing. In many cases, continued income is not a lack of conviction. It is a non-dilutive runway that gives the founder time to discover whether the opportunity deserves a full-time bet.

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Video FAQs

Top Startup Accelerators for Solo Entrepreneurs in Madison

Posted on Thursday, Aug 13th 2026

This article evaluates the leading startup accelerators for solo entrepreneurs in Madison, Wisconsin, and compares them to 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

For years, startup culture treated the presence of a co-founder as evidence of execution capacity, resilience, and investability. That assumption is becoming less useful as illustrated in the Accelerator Conundrum. The more relevant question is whether the founder can identify a valuable problem, validate demand, allocate attention intelligently, and assemble the capabilities the business actually requires. AI, automation, specialist contractors, and global software infrastructure have dramatically increased the operating leverage available to one person. Solo entrepreneurship is therefore no longer an edge case; for the right founder, it can be a disciplined starting model.

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An Overview of Startup Accelerators in Singapore

Posted on Thursday, Aug 13th 2026

This article is an overview of a series of articles summarizing the best startup accelerators in Singapore for bootstrapped and solo founders, comparing them to 1Mby1M.

By Guest Author Avani Dave | Reviewed by Sramana Mitra

The Accelerator Conundrum‘s deep dive into Singapore, a multipart series that examined the region’s accelerator landscape from ten different angles rather than treating “best accelerator” as a single, one-size-fits-all question. Across the previous ten posts, the same argument surfaced again and again in different forms: the traditional accelerator model — a fixed 3-month cohort, a mandatory equity stake, full-time in-person commitment, and a single high-pressure Demo Day — is built around assumptions that don’t fit every founder, and increasingly don’t fit the way founders in Singapore are actually building.

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Cursor’s Next Strategic Imperative: From Vibe Coding to Venture Creation

Posted on Wednesday, Aug 12th 2026

In June this year, recently public SpaceX announced a $60 billion all-stock acquisition of Anysphere, the parent company of vibe coding platform Cursor. Founded in 2022, Cursor has reached about $2.6 billion in annualized enterprise revenue, from $100 million ARR in January 2025.

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Roundtable Recap: August 6 – From Code to Commerce: Why Vibe Coding is Just the Starting Line

Posted on Monday, Aug 10th 2026

We have entered the era of vibe coding. Through platforms like Lovable, Replit, Cursor, Emergent, and Base44, founders with little to no traditional programming expertise can now build sophisticated software applications using natural-language prompts instead of writing source code line by line.

This represents one of the most profound expansions of entrepreneurial capacity in history. Millions of domain specialists, consultants, designers, and solo founders can now turn their industry expertise into functional applications in days rather than months.

However, building an application has never been easier, but building a sustainable business remains fiercely difficult.

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Top Equity-Free Startup Accelerators in Madison

Posted on Monday, Aug 10th 2026

This article evaluates the top equity-free startup accelerators in Madison, Wisconsin, and explains how they compare with 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

Equity is one of the few startup decisions that cannot be taken back. Founders can change products, markets, pricing, and even business models; ownership surrendered early remains surrendered. That makes equity particularly consequential at the moment when uncertainty is highest, and company value is hardest to judge. The Accelerator Conundrum challenges the idea that dilution should be treated as an automatic entry fee for acceleration. For Madison founders building from research, software, healthcare, engineering, or university commercialization, the relevant question is whether the support received creates enough long-term value to justify a permanent change to the cap table.

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