We received 1,000+ applications for the 16VC accelerator.
Across those companies, we found $12.7M+ in disclosed capital.
Our current funnel: l1,l2,l3,l4,l5.
~20% of applicants had already raised or secured some form of capital.
We need to select just 25 companies.
In early October 2026 I posted a series of X threads outlining ultra‑lean AI‑MVP economics, founder spend benchmarks, investor communication cadence, and accelerator application insights.
Funding range for an AI‑powered MVP: $10k to $15k could be enough for a founder to build an mvp, test it with real customers, and validate an idea in 90 days, especially with ai tools.
Founder spend to first revenue: I spent about $3K to get to first revenue.
Investor follow‑up cadence: send one thoughtful follow-up every two weeks.
Accelerator early‑user applications: nearly 1/3 of the applications are already at the stage we’re looking for.