From Opera to Owner: Buying an Accelerator and Guiding Global Startups into the US

July 1, 2025

23mile

Frances Simowitz shares her remarkable journey from aspiring opera singer to CEO and business owner. She discusses her transition into the startup world, the challenges she faced as a leader, and her experience with management buyouts. Frances emphasizes the importance of community, resilience, and self-awareness in entrepreneurship, while also highlighting the significance of mental health and support systems for founders. She provides insights into her current venture, QUAY Acceleration, and the future of startups in the U.S. market.

Agenda:

  • Frances transitioned from a career in performing arts to entrepreneurship.

  • She emphasizes the importance of community in her journey.

  • Resilience and persistence were key in her job search.

  • Navigating the Startup Landscape: Lessons Learned

  • Building Community and Resilience in Business

  • The Transition to Leadership: Challenges and Growth

  • She Faced Significant Challenges When Becoming CEO, Especially With Finance.

  • From CEO to Owner: Taking Control of the Future

  • Navigating Funding Challenges and Market Validation

  • Difficult Conversations and Negotiations

  • The Journey to Ownership: A Management Buyout

  • Structuring the Acquisition: Creative Financing Solutions

  • The Second Acquisition: A New Partnership

  • Expanding Horizons: Building Key Acceleration

  • The Importance of U.S. Market Entry for Startups

  • Flagship Programs: Supporting Startups in the U.S.

  • Favorite Success Stories: Lessons from the Field

  • Post-Merger Adjustments and Financial Management

  • Balancing Stress and Mental Health as a Founder

  • Key Performance Indicators: What Matters Most

  • The Key to Startup Success: Openness to Feedback

  • Winning the Lottery: Future Aspirations and Investments

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