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What Future for Accelerators?

Both Sides of the Table

Accelerators have had quite a good run the past 5+ years. Not just Y Combinator and TechStars but a host of other accelerators across the country. By 2011 the market had started to change dramatically. By this time many accelerators were being created nationally and a few were getting off the grounds in LA, too.

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The Changing Venture Landscape

Both Sides of the Table

The world around us is being disrupted by the acceleration of technology into more industries and more consumer applications. In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.”

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Startup Business Funding: 5 Business-Breaking Misconceptions

Dream It

NOT spending time on the accelerator building the product. The most valuable resource the accelerator provides is the network, so use all my time to navigate that network. Being self-sustainable has given us a new perspective on startup funding, especially compared to what I experienced on my first accelerator run.

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You Need to Win the Battle for Share of Mind

Both Sides of the Table

So as I get around the country speaking at college campus in 2010 & 2011 I have been preaching the same theme. But what I do see in the market in 2011 is way too many “me too&# solutions where a bunch of founders have brainstormed a way to do a better GroupOn, a better GiltGroupe, a better Twitter or a better Quora.

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In My Words: Aaron Lee on How EO Accelerator Altered His Journey

Entrepreneurs' Organization

Aaron Lee is the CEO and founder of iluma Agency (formerly Illuminati Studios) and joined EO South Florida in 2011. . I joined EO Accelerator in 2009, when I owned a business and my business owned me. My company is now four times larger in staff and nearly 10 times larger in revenue than when I began EO Accelerator.

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It’s Morning in Venture Capital

Both Sides of the Table

This has led to the creation of incubators, accelerators and seed funds. Contrary to some press reporting, the boom in startups, the creation of accelerators and seed funds as well as the deserved popularity of AngelList do not signal doom for our industry. By 2010-2011 this had shrunk by half again, averaging under $15 billion.

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

TechCrunch

Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. Angel investments in 2022 equaled those from 2006 to 2011 combined. Importantly, the traditional accelerator model has enjoyed the fruits of these potential paradigm shifts. Crowdfunding witnessed a 2.4x growth from 2020 to 2021.