The Midas Accelerator is a part of Paralect.
We’re a team of 200+ smart creatives who hustle and have fun along with exceptional founders and make them rich.
We don’t mentor dozens of startups — every quarter we select 4 startups and adapt the program to their needs.
Every startup gets services worth $100,000. It’s not money in the bank, but we’ll help you raise that too.
We take 5% of equity via SAFE ($2M Post-Money Valuation Cap and No Discount) with a Pro-Rata side letter.
The accelerator program is customized for each founder and their needs. We select only 4 startups per batch to maximize their potential.
Gain insights from experienced mentors through weekly classes and AMA sessions. It’s like an MBA on steroids — but better.
We accept startups that investors deem "too early". We warmly welcome solo-founders, indie hackers, and pre-seed startups with no traction.
Discounts and free accounts for helpful tools like Clerky, Pulley, Notion, Github, and Intercom. And much more.
You get a full-time team of 8 people to develop a product, design a go-to-market strategy, and support future fundraising.
Our relationship doesn’t end on launch day. We keep in touch with our founders and help them navigate the startup roadmap.