Whenever something is approaching universal acceptance it is never a bad time to be a little contrarian.
Accelerators are fast approaching the status of an essential ingredient in the primordial soup of innovation in the new economy. After all, who wouldn’t like some help with velocity in their enterprise? Accelerators provide some of the critical elements that all new ventures require: funding, knowledge, networks, facilities. But they aren’t free. The price of accelerator participation is equity and for a venture that succeeds this will be their most valuable currency.
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