One way to manage the risk of crowdfunding is to have the “experts” vet your investments. There are a number of incubators or accelerators that now accept investments from “accredited investors.”
One such is TechStars* that claims to provide “seed funding from over 75 top venture capital firms and angel investors who are vested in the success of your startup, as well as intense mentorship from hundreds of the best entrepreneurs in the world.”
TechStars recently announced a partnership with The Walt Disney Company’s Disney Accelerator. According to Disney: “Disney Accelerator is a highly selective, immersive mentorship and seed-stage investment program for technology-enabled startups in the media and entertainment space. Ten startup companies will be selected to gather in the Los Angeles area for three months to incubate their ideas and build new consumer media and entertainment products. Each participating team will receive:
- $120,000 in investment capital; Access to stories, characters, resources and relationships from across The Walt Disney Company, such as The Walt Disney Studios, Disney Animation, Pixar, Marvel, Lucasfilm, ESPN, ABC, Walt Disney Parks and Resorts, Disney Consumer Products, and Disney Interactive;
- Support from and access to Techstars’ vast global network of mentors and alumni — an amazing collection of entrepreneurs, investors, and innovators interested in helping participating companies succeed;
- Dedicated Disney Accelerator working space; and
- Mentor support from key Disney executives and leaders, other entertainment industry leaders, venture capitalists, and the broader entrepreneurial community.”
Sounds like fun!
(*No endorsement implied).