Foundation Capital's FC Build takes no equity and writes no accelerator check

The 16-week San Francisco program offers credits, office space and investor access, but no guaranteed investment.

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Primary source: x.com

Why it matters

FC Build offers accelerator access without an accelerator investment. Founders keep the 7% they would give YC for its fixed SAFE, but they also give up YC's $500,000 and take credits and investor access instead.

Stacks of papers marked “EQUITY” and “INVESTMENT” with red prohibition symbols sit on a wooden table beside books, a bottle, a laptop, and a plant; an “RV” logo is on the glass wall.

The 16-week San Francisco program offers credits, office space and investor access, but no guaranteed investment.

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