[shii]

This smells strongly of 1999. What equity stake do the ancillary developers get? Sorry, but all this news of late of tons of startup accelerators and incubators popping up everywhere is a little unnerving. What is the rational of all these? Did all the RoR startups that will shake up the world have so much trouble finding funding that they need a new one every week?

[lanerapp]

There will always be a demand for good mentors. Accelerators imply that more than funding can help talent get their business to market ASAP. Like 1999 these times certainly smell like ASAP whether fortune or bust is the end result.