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June 11, 2013 07:32 pm GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/NlGNFMu3jbQ/
The Pros and Cons of Startup Accelerators
A startup accelerator is built to foster rapid growth of its portfolio companies. It's a man-made perfect storm of mentorship, access to technology, office space and an innovative community, packed into a short time frame. Essentially, the function of an accelerator is to turn the art of starting a company into a program that can be repeated, churning out valuable companies as if on an assembly line
While each accelerator has nuances, programs tend to share several traits: Startups apply to be part of a program lasting a few months, in which they obtain mentorship, office space and funding, usually in exchange for company stock. The accelerator program hopes to enable exciting new businesses and of course get a return on the investment.
More about Features, Y Combinator, Techstars, Tech Innovators Series, and AcceleratorsOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/NlGNFMu3jbQ/
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