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Startup Accelerator Fail: Most Graduates Go Nowhere

ReadWriteStart

Last year, Aziz Gilani, a director at Houston venture capital firm DFJ Mercury , ran a study of 29 North American accelerators for the Kauffman Fellows Program. They run 12-week programs to get startups quickly from concept to product. They offer seed money and mentoring in exchange for equity, normally about 7%.

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