Any company founders who aren’t satisfied with their accelerator experience and the value we provide is offered the option to take their equity back in exchange for giving us feedback to help us improve.
David Cohen explains the context and intent behind the EBG (‘Equity Back Guarantee’).
The EBG may be exercised at any time after the final day of the Program (Demo Day for those programs with a public Demo Day) and prior to 6:00 p.m. local time (based on the location of the Program) on the 3rd business day following the final day of the Program.
More details can be found here.
