The Demise of Newchip “Accelerator” and its Controversial Model
The startup ecosystem is built on the foundation of accelerators, which provide crucial support and investment for early-stage ventures. However, the case of Newchip “Accelerator” stands as a cautionary tale, as it deviated from the traditional accelerator model and ultimately faced a harsh downfall. This article delves into the rise and subsequent bankruptcy of Newchip, […]