Interesting accelerator that Sequoia is launching. $1M of investment, 15 companies in the first European cohort.
Mix of remote and in person.
This company building program is for seed-stage founders actively working on an idea, product and company. For some, this means coming to us with an idea and no lines of code like Patrick and John of Stripe. For others, it is a MVP site with 1000 listings like Brian, Nate and Joe of Airbnb.
The first cohort of Arc is open to founders building companies headquartered in Europe. Applications for the US cohort will open later this year.