Every company thinks that they're worth ten million dollars. The realityis is that the money, the lot of peole don't even care about the thirty six case. So our programme is six months in san francisco. You kowit's like three k to pay for your rent in san francisco per month. And then we provide coworking space, and then all your other expenses are basically handled. We choose the amount of companies that we can take on based on giving them a lot of individual attention....
0:20 Jason intros Alchemist's Ravi Belani
3:41 Why is Alchemist named after Paulo Coelho book? What is the biggest benefit of Accelerators?
5:47 Ravi's background at DFJ, sourcing the Justin.tv investment
15:02 Why Ravi left DFJ to start Alchemist
21:52 How many companies have gone through Alchemist and what is their standard deal?
28:21 Why accelerators take more risk than VC firms
35:07 The best entrepreneurs love the process
38:35 How are Alchemist's programs structured? Did they have trouble transitioning to remote?
44:38 Have virtual meetings been resulting in checks from investors? Dealing with investing in competitive companies
49:59 What is Alchemist's diligence process like?
55:01 What does venture capital funding look like in the medium-term