This episode digs into incubators vs. accelerators for hardware founders, featuring Raphaele Leyendecker, Managing Director at Techstars Sustainability Paris, climate-tech entrepreneur, and investor in 75+ startups.

If you’ve wondered when to join which program—and how to actually get value without wrecking your cap table—this one’s for you. In this episode, you’ll discover:

🐣 Incubator vs. accelerator—what’s the difference, and when to choose each (incl. TRL ≥ 4 guidance for hardware).

📈 Traction over fundraising: LOIs, paid pilots, and revenue beat pitch-only decks.

🧱 Build vs. outsource: how to avoid outsourcing your core know-how and protect IP.

💸 Equity & terms: when dilution is worth it ...