New startups are cropping up all across the world on a daily basis. The startup craze is real and the entrepreneurs running these startups have a fierce drive to succeed. Several startup leaders have to make the crucial choice between looking for funding or bootstrapping their business. Accelerator programmes serve as a middle ground and are often the perfect choice for budding entrepreneurs who are looking for new networks, investment, and mentorship. But before opting for an accelerator programme, startups should weigh the pros and cons that go with it. Sometimes, you will have to give up a large chunk of equity in exchange for limited investment, at other times you might have to relocate to take advantage of a specific accelerator. Airbnb and 9Gag are two companies that have benefited greatly from accelerators.
