Oct 3, 2019 Founder Stories and Insights

Inside 500: How Their Accelerator Helped Me Grow My Accounting-as-a-Service Company and Raise $2 Million

Felix Rodriguez is the founder and CEO of Back Office, a human-assisted AI platform and bookkeeping service for companies and consultants. In an interview with Nathan Beckord on Foundersuite’s “How I Raised It” podcast he shared how 500 Startups was instrumental in the early growth of BackOffice. Below is an excerpt of his interview.  I believe founders have superpowers. Before I started Back Office, I had built about 10 startups and sold three of them, growing teams that started in my living room to offices of 50 to 75 employees really rapidly.  The idea for Back Office came from a pain point I encountered with each startup: the one thing I hated with each company — and put off doing …


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Oct 31, 2017 On Our Blog

The Road to Demo Day: A Founder’s Perspective

Guest Post: Kela Ivonye is the CEO and co-founder of MailHaven, a smart mailbox that tracks and protects your packages.  Demo Day is an invite-only event hosted by 500 Startups for investors to get a first look at the startups from the accelerator program, meet the founders, and network with other attendees. For founders, it’s the culmination of four months of hard work. As a batch company at 500 Startups, you start preparing for your last day on Day 1. That two-minute pitch on stage at Demo Day is our opportunity to show hundreds of top-tier investors what we’ve been working on. The first thing Batch 22 learned about Demo Day was to have fun, be genuine, and to own and tell your …


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May 18, 2016 On Our Blog

Startup Founders Talk: The First Time I Fired Someone

500 Startups Managing Partner Christine Tsai experienced mixed emotions the first time she as a founder had to let someone go. “I don’t think there was a hesitation that it was the right thing to do, it was just that the person wasn’t a great fit in terms of their skills and culture,” she said. It’s natural to have doubts and think emotionally before letting someone go, said Tsai. “You never know people’s circumstances or how this impacts them personally, even in a good job market like this.” “It’s OK to think those things, but don’t let that prevent you from making the right decision,” she added. “It’s just a sign that you’re still human.” “Maybe people who are really ruthless about …


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