Alchemist Accelerator follows the story of Ravi Belani, founder and Managing Director of Alchemist Accelerator, as he leads one of the leading enterprise-focused accelerators in Silicon Valley. The case discusses the origins of the program, as well as the many challenges faced by Belani and his team as they seek out potential methods of scaling the program. The management team debate difficult choices, such as how to preserve the quality of the Alchemist program while also reacting to rapidly changing market dynamics. This case prepares students who are interested in learning more about venture capital, enterprise startups, and enterprise-focused accelerators.
The teaching objective of the case is to closely examine the merits of an enterprise startup accelerator. In particular, this case discusses the defensibility of the Alchemist model, as well as how (if possible) the management team can scale the program.