I almost joined the Newchip accelerator right before it collapsed. Was it a scam? Here’s what I recommend to other founders.
The recent collapse of Newchip, one of the world’s biggest accelerators, was a shock to the venture ecosystem. Bjorn Erik Hansen, founder and CEO at INTIEM, an AI-based SexTech solution, believes the organization's business model was an intentional deception. Just a few days before news of the bankruptcy became public, his Miami-based startup had said "no" to joining Newchip’s new cohort.