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Wednesday, 18 July 2012

EvoNexus or MassChallenge

In May we got accepted to EvoNexus, a high tech startup incubator in downtown San Diego. Just couple weeks after we sent out our newsletter, we also became a finalist in MassChallenge, a high tech accelerator in downtown Boston. We had to make a decision - Boston or San Diego? On one hand, MassChallenge is the largest startup accelerator and competition in the world. Being a finalist in MassChallenge gives us credibility, puts us in front of many eager investors, connects us with a wealth of resources, not to mention a chance to win a piece of $1M in cash awards and $10M in-kind support in the final competition. On the other hand, this means either ripping the whole team out of sunny California and moving to Boston for the Summer or wasting tons of $$ and time of flying from one coast to another 4+ times/month. The decision was hard, but after hanging out at EvoNexus for a couple of weeks and realizing how great it is, it became much easier to make the choice to stay in California.

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