using the exits as one criteria to judge the overall startup accelerator program and labeling it as a failing attempt is premature. Even in the article Gilani

using the exits as one criteria to judge the overall startup accelerator program and labeling it as a failing attempt is premature. Even in the article Gilani says "takes years for companies to get traction and get an exit". I think the success of these programs will depend on who the accelerator program is, type, region and other factors, but for sure it is too early to draw conclusions.