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When Andreessen Horowitz unveiled its new early-stage startup accelerator, which has been in the works for over a year, my eyes searched for two things: check size and ownership target. I care about value-add services and micro-focuses, such as a goal to back diverse founders or a Web 2.5 track, but I first care about how new programs, such as A16z START, are advertising their money.
The reason? The standard deal of an accelerator says a lot about which founders they plan to attract. Some programs may tout their check size, others may highlight the non-dilutive nature of their cash and a select few are claiming that equity …
