AngelPad is a seed-stage accelerator program based in NYC and San Francisco. In the past 5 years we have launched more than 115 companies in 9 cohorts. Every 6 months we select about 12 teams from a huge pool of applicants (usually around 2000) to work with us.
While others have decided to “scale” and take on more companies or launch more cities, we have stayed true to our original goal: Find a bunch of awesome companies with founders we would like to work with and spend three very intense months with them. This focus has paid off, AngelPad has risen to be the #1 Accelerator in the U.S. (at least that’s what a real study from MIT/Brown University says) and Strictly VC called us the “Anti-Y Combinator“.
During the program, we work on everything from finding product market fit, defining a target market to getting first validation for the company. We are also instrumental in helping companies prepare for fundraising and of course for our investor demo day.
AngelPad is Carine Magescas and Thomas Korte, a husband-and-wife founder team. Carine launched her own e-commerce company in 2003 after spending many years in hard-core information systems where she was part of technical implementation teams and ran partner strategy groups. When Carine is not at AngelPad, she is out with her camera – mostly on the beach.
Thomas spent 7 years at Google in Mountain View where he was the companies’ first International Product Manager, helping to launch all Google products in Europe. The patents he filed while at Google are now an important part of the search ranking and ads monetization products of Google. After leaving Google he became a “super-angel” making dozens of investments in one year alone. After realizing that working with founders and investing in startups is not the same, he launched AngelPad. He loves the thrill of early stage companies, the time when everything has to be figured out and the high energy at all time.
AngelPad does not have “mentors” – well, we do, but in a different way. We don’t believe in the “one-size-fits-all” advice that founders get if they only meet with mentors a couple of times. A startup, especially through the intense three months of an accelerator, moves very quickly – thinks are tried, changed, modified, tried again every day and a mentor has to be part of that daily journey to be valuable. At AngelPad Carine and Thomas, work alongside the founders of our 12 teams every day. We roll up our sleeves and figure it out – everything- together with the founders.
We have a lot of “Friends of AngelPad”, really, really smart people who we have known for a long time and trust to provide value. Those include people like Keval Desai (Interwest), Naval Ravikant (AngelList), Bryan Schreier (Sequoia), Wesley Chan (Felicis), Tom Tunguz (Redpoint), Satya and Hunter (Homebrew), Elad Gil, Dave McClure (500 Startups) and the list goes on.
To see us in action, watch AngelPad featured on the PBS NewsHour: