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There is a fundamental disconnect with the concept of an Accelerator and the concept of a Disruptive Startup. If you do the math, honestly, they are a really cr
by bsenftner 14y ago
There is a fundamental disconnect with the concept of an Accelerator and the concept of a Disruptive Startup. If you do the math, honestly, they are a really crappy deal for the Startup. The "acceleration" they provide is little more than standard information, standard anecdote experiences, and standard MBA advice. If what they offered actually had they value they claim, they would be creating a startup themselves. Accelerators are parasites on your ambition and capability. Trust yourself, trust your team, and be adult enough to not sign up for a nanny program that is just going to treat you like children and take a portion of your equity for it.
- JimWillTri 14y agoIt the beginning, yc had much more interaction with their startups and it's clear that they wanted the startup to survive at any cost. Once the model grew larger there were just too many startups to mentor. Then, pg wanted them to fail as quickly as they could if they could not make something of their company quickly. That way yc would only have to mentor what he considered the strong companies.