[accelanon]

The other thing to keep in mind is that the accelerators work something like this:

1) Fund a bunch of companies with the expectation that maybe 1 in 10 will succeed.

2) When the other 9 fail, you have a bunch of talented developers all in one place. And guess what? The really successful company is hiring.

It's pretty brilliant, if not Machiavellian.

[redact207]

A bunch of talented developers who all want to run their own show. I'm not sure they'd make great employees for a small slice of equity even after their startup's failed.