Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Sign outside NYC TechStars Demo Day 2011

Turns out, more and more young entrepreneurs favor the business contacts gained via start-up accelerators over those from business schools.

According to The Wall Street Journal, alumni from accelerators like Y-Combinator and TechStars said that they gain "dozens" to "hundreds" of contacts within the tech and business industries upon leaving their respective programs. Those contacts, they claim led to potential investors, customers, or product testers. 

Mixpanel founder Suhail Doshi, for example, attributed much of his software company's success to the contacts he gathered while attending Y-Combinator, the outlet reported. After graduating from the accelerator in 2009, Doshi dropped out of Arizona State University and began asking people on Y-Combinator's listserv to try out Mixpanel at a reduced cost.

To read the full, original article click on this link: Accelerators Are the New B-school | Inc.com