It is no secret that there are many accelerators in Singapore. Singapore prides itself as a hub for startups to flourish. Some of the largest players fund from Day 0, which is what attracts founders, apart from the brand name or other differentiators that make founders take up the deal. All of that being said, we think there is a time and space for accelerators and fundraising. Accelerators can be useful given that founders are very clear on the value add and that they align