- Like mentioned by the other reviewer, the founders of the accelerator are basically ex-consultants with neither deep tech experience nor entrepreneurial experience. This creates an obvious credibility problem, and "Exploitable Graduates as a Service" (EGaaS) business model
- Tech accelerator that cannot get set up a Google Calendar or similar to handle meeting room bookings but have to involve a human (inefficiency) for it.
- The program seems to be designed to take advantage of recent graduates who have no business/startup experience, and can be rather easily brainwashed by EF's "startup wisdom". They like to pump the cohort up (full of Type A personalities) by how special they are to get in to the program.
- The working space offered for the cohort is basically like a big school cafeteria with occasional ceiling leaks, rats running around and burglaries. And the space is located in Bermondsey with little startup activity around it making you slightly isolated from your "peers" that you found in Shoreditch for example. Easier to go to meetups and network over lunch in Shoreditch when everything is within walking distance.
- The advertised benefits and discounts indeed are a bit confusing and do not kick in until the end of the program near demo day.
- Entrepreneur First could be changed to VC First. It is interesting to see them getting likes of Reid Hoffman and Demis Hassabis to invest based on the massive PR while they probably have little understanding of how the future entrepreneurs in the program see the operation of the program. And maybe I am just a minority then when not seeing much value in "assembly belt":ing the process even more with additional EF branches in new cities