Economic Impact Of Startup Accelerators: $1.6B+ Raised, 4,800+ Jobs Created, 2,000 Startups Funded

Today, there seem to be more business accelerators than there are startups to fill their classes and cohorts. It seems that not a week goes by without the launch of another accelerator or seed starter fund. In fact, as Peter Relan said in a recent post (riffing on Chris Dixon), accelerators have become an industry segment in their own right. He also goes so far as to surmise that -- just as it is for startups -- 90 percent of accelerators are likely to fail.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Bft_QEgE87Q/

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