Venture Capital Dispatch
An inside look from VentureWire at high-tech start-ups and their investors.
Jan 18, 2013
Alchemist Accelerator Graduates its First Class
By Deborah Gage
Helping businesses figure out how to make money has been less appealing for entrepreneurs than writing Web apps for the public, but that’s changing with Alchemist Accelerator, which was inspired by a Harvard Club of San Francisco project and is trying to instill business skills into technical entrepreneurs.
On Thursday on the Microsoft campus, backed by music from “Star Wars” and “Mission Impossible,” nine startup teams graduated from the Alchemist Accelerator, which offers a $28,000 investment, six months of training and introductions to potential customers and mentors from Stanford University faculty and Silicon Valley executives and entrepreneurs.