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So, we launched a new virtual accelerator today focused on our theme of the Everyday Economy. https://nextviewventures.com/blog/announcing-nextviews-everyday-economy-accelerator/
Why in the world would we do this? A couple thoughts:
Why in the world would we do this? A couple thoughts:
1. In uncertain markets, VC's tend to narrow their aperture. They become more conservative and focus on more traditional profiles of founders. The biggest negative is that first time founders and under-represented founders outside of a VC's network don't get their shot
2. Seed VC's has been looking for more and more traction in recent years. This will only continue in an uncertain market. We are committed to being active in the pre-seed segment of the market, and this is a mechanism to do more of this
3. Startups looking to redesign the everyday lives of everyday people often look a little whacky and non-traditional. They aren't your typical enterprise SAAS sold to IT departments. Most VC's appetite for these kinds of companies will go down during this pandemic. But not ours.
4. We are definitely passed peak accelerator. There are a lot of programs, and quality has waned. Classes are big and resources diffuse. Also, many have strangely been focused more on companies with traction 
since it's helps their downstream financing KPIs. No bueno.
since it's helps their downstream financing KPIs. No bueno.
5. NextView does not has a "rise of the rest" geo strategy, but we are national in scope and have been doing more investments in non-core markets. But getting on planes and trains is going to be tough. Doing things virtually will be a necessity for some time. We are embracing it
6. This is an experiment that we are excited about and prepared to lean-on on. One of our core beliefs is to be inventive, principled and not dogmatic. We think the market will benefit from this and we are excited to do it. Don't overthink it
So please check out the details here and share it with people who may be a fit! Applications are open now until May 11 https://nextviewventures.com/the-everyday-economy-accelerator/
