The startup landscape has shifted dramatically: Accelerators must adapt or fade away
TechCrunch
AUGUST 15, 2023
Angel investments in 2022 equaled those from 2006 to 2011 combined. The most notable example was allegations of fraud at Newchip , a popular virtual startup accelerator. The liquidation of Newchip sent ripples through the startup ecosystem as perceptions of grifting at accelerators gained momentum online.
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