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The startup landscape has shifted dramatically: Accelerators must adapt or fade away



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Brett Calhoun
Contributor

Unparalleled contrasts have marked the last decade and a half — from the devastating plunge of a major housing crash to the soaring heights of the longest bull market and the unforeseen havoc of a global pandemic. Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player.
Fueled by a zero-interest landscape in 2020, it has surged, giving rise to an ever-growing array of funds. That said, a paradigm shift of the broader venture landscape could be on the horizon.
Starting a tech company today costs 99% less than it did 18 years ago when Y Combinator was started (today and 2005), largely due to the emergence of cloud technologies, no-code tools, and artificial intelligence. There is an unprecedented amount of information or knowledge that is now freely available to guide founders (e.g., the free YC Startup School courses).
Network effects have evolved, moving away from the traditional physical spaces to dig …

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