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Critiquing the value of a startup accelerator and demo days has been a decades-long conversation in the world of tech. The programs promise napkin-stage founders help with everything from finding their co-founders to hitting product-market fit to raising that pivotal first check. Led by worldwide programs like Y Combinator, Techstars and 500 Global, startup accelerators have birthed billion-dollar companies such as Coinbase and Stripe and become synonymous with the promise of activation energy.
Yet, every few months, entrepreneurs ask the same questions: Is precious equity worth access to a network? Is the true value of th …
