Think Big announces first accelerator class, attracts L.A. and N.Y. startups

By September 20, 2012 News

Think Big Partners today announced the six startups accepted into the first class of its Think Big Accelerator, a 22-week program that starts Tuesday in the company’s coworking space, bizperc.

Each startup receives investment, mentorship and business services, an offering Think Big Partners managing partner Herb Sih said is done through a “joint venture” of three entities. Think Big Ventures, a fundrecently launched by Sih and Think Big Partners senior partner Tyler Prochnow, provides each startup an $18,000-$24,000 investment in exchange for a 6-8 percent equity stake. Think Big Partners provides business services. Bizperc, a coworking space owned by Think Big Partners, provides office space.

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