Ask HN: Accept offer from startup accelerator?

Hi all,

I am running a start with my co-founder (2 devs). We've done lots of freelance work together before and a previous startup which failed sadly. The previous startup went through a European accelerator.

I am now faced with an offer for our new startup from a different European accelerator. There terms are approx 6% to 10% for around £20k ($34k).

The startup has about £19k cash in the bank and generates about £4k to £5k a month. We want this startup to do well and get big.

We are not marketers and this is what we need help with most. We know a few people we can get help from friends / network. We have both quit our jobs and will soon work on the startup full time. It has been bootstrapped for the past 18 months and we could only work on it part time.

Questions:

Would you accept the offer from the accelerator? Why? Would you go straight to an Early stage VC? Why? Would you continue working on it yourself for a few more months before to get a better valuation? Why?

Anything else to consider?

Other notes:

- We don't think we've quite reached PMF - Our product is pretty much MVP, no bells and whistles - Our next goal is to concentrate more on Cust Dev

I appreciate any quick responses as I have to make the decision soon.

I am sorry but I had to post this with a new account.