Tandem Capital, the Silicon Valley startup accelerator that focuses exclusively on early-stage mobile businesses, is today revealing the six companies that are participating in its most recent batch. The seed fund and accelerator raised its second, $32 million fund in June, which it uses to offer $200K convertible notes (in exchange for 10 percent equity) to the startups participating in its accelerator. Like other accelerators, Tandem works closely with its startups on everything from strategy to product design and marketing, offers free work space and daily meeting.
Unlike the many others in the space, however, it keeps its batches small (generally two to six teams) in the belief that smaller class sizes mean higher returns and success rates. Its program is also 6-months long, although this tends to be open-ended, as there’s no demo day or graduation day and entrepreneurs are given the choice to remain at Tandem’s headquarters after the program ends.
To read the original article: Silicon Valley’s Mobile Accelerator Tandem Capital Reveals Its Latest Batch Of Startups | TechCrunch
