[dbkbali]

Great article and as a former investment banker so true. Good laugh reading the comments, I speculate mostly from insecure startup employees, executing their "post purchase rationalization" for taking the accelerator route.

The reality is that the accelerator model has more parallels to the investment banking model than many of the commenters are recognizing. Very entertaining to see some commenters trying as well to justify that startups have more benefit to society than bankers or MBAs, in fact hilarious as the reality is that without those "dumb" MBA investment bankers who can attract IPO money to feed the VC's to fund startups, many with questionable and untested business models, accelerators and most startups wouldn't exist.

Thanks for the entertainment, better not waste too much more time and get back to trying to bootstrap my startup.