The immediate reason is the possibility that 1 of those 5 was poor advice from the last accelerator. For instance: * Great advice, solid mvp, good feedback, s

The immediate reason is the possibility that 1 of those 5 was poor advice from the last accelerator. For instance: * Great advice, solid mvp, good feedback, solid networking but the money you spend on marketing was too little, and done horribly. All this product needs it a good marketing plan and it abruptly begins to hockey stick and gain velocity? I think the real reason is dilution and/or wanting an 'industry first dibs' on any potentially valuable start up. At least if they see any promise in the product.