OneTraction

OneTraction

Oct 26 '14
I have reservations about OneTraction. Something is off about their accelerator program. You are supposed to get an investment of $250k or more if accepted yet they expect you to pay a program fee upon acceptance. Said program fee is to be paid upfront. Why can't it be deducted from the $250k?

There are so many other things that do not add up but I won't bother to mention them because I won't be
I have reservations about OneTraction. Something is off about their accelerator program. You are supposed to get an investment of $250k or more if accepted yet they expect you to pay a program fee upon acceptance. Said program fee is to be paid upfront. Why can't it be deducted from the $250k?

There are so many other things that do not add up but I won't bother to mention them because I won't be applying to OneTraction. Just a warning: I think OneTraction was created to steal other people's ideas and their money too.
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Henri Swan
Henri Swan November 2 2014
Chuckwumah Ezeobika, why don't you add your picture so the word can see your ignorant face, casting aspersions and false statement on a reputable organization makes you incompetent to be in this group, beside most likely you have been rejected by them and now you can never apply to them or any other accelerator given your post.They have one of the best programs in the valley, beside any decent accelerator charge fee "why? this is your commitment to the venture", so get your fact strait !
Chukwumah Ezeobika
Chukwumah Ezeobika November 2 2014
@Henri Swan Your comment says a lot more than you intended to say. If I called YCombinator a scam I wouldn't expect Paul Graham to respond in the comments section demanding that I put up a picture of my ignorant face. Instead of a reply making a case for your organisation you decided to respond with a personal attack. It says here on F6S that you are one of the leaders of OneTraction so I am going to ask you a few questions. Are you one of the "Google and Harvard alums" mentioned on the OneTraction website? How can you lead an organization that can afford to invest up to $1 million in startups if you cannot write proper English? How can reputable businesses take a missive from you seriously if it is written in the manner of your comment above?
If you can afford to invest $1 million in a startup why haven't you paid a web developer to build a website that has proper English for your organisation?