Founder Institute Toronto graduates 17 new startups in fourth cohort
Summary
This week, Founder Institute Toronto graduated 17 new startups in its fourth cohort after spending four months in its accelerator. Founder Institute mentors include CEOs of companies like Borrowell, Flixel, Statflo, Wattpad, and Hubba. At the start of the program in March, 68 startups were accepted, but either dropped out or were asked to leave based on performance. “As happy as I am to see these companies graduate, I am just as pleased by the founders who have decided to abandon their startups,” said Sharma. “Being a startup founder has become the common thing to do — but its a lot harder than people realize and its too east to get caught up in the buzz even at the cost of otherwise great careers and well-paying jobs.” One of the graduates included Overbond, which managed to achieve significant milestone before its graduation — last week, the company raised a $6.7 million seed round.
Classifications
AskAI Classifications
LabelsLinked Companies
