While I applaud Sam and his statement: "an accelerator that does the wrong thing for founders will not last long.", your advice is wrong. An offer is basicall

While I applaud Sam and his statement: "an accelerator that does the wrong thing for founders will not last long.", your advice is wrong. An offer is basically giving an option to sell for free. The longer the option is available, the more you're giving away. Exploding offers are just limits on how much people want to give away for free.