For startups, experience at an accelerator-VC is nothing less than intensive, rapid, and immersive education. Accelerators aim to speed up young companies’ life cycle by capturing years of learning into a few months.
At Rockstart, this begins with the onboarding week. And this is the week that the startup team, and members’ connection with each other, comes into focus. As Julian Jacob, Manager Accelerator Programs at Rockstart, says, “The onboarding week focuses on different aspects of the team (e.g., strengths, weaknesses, dynamics, communication).”
Veronica expands, “At Rockstart, we invest in founders and not startups. In other words, we first look at people (e.g., funding team, other team members) to see if they have what it takes to build a company that will last decades. If that is the case, the technology or the business model will follow. The onboarding week is tailor-made on the specific startups in the cohort and their needs and can include team dynamics, team building, leadership, best practices, and founders stories.”
Whether it is a startup or a full-grown organization, effective communication and critical soft skills don’t have an alternative. In an accelerator-like setup, it becomes essential to guide startups to analyze their team dynamics objectively.