Traditional startup accelerators (even corporate-funded) are good for many things:
But what happens after the glorious Demo Day?
Usually nothing. The accelerator ends up with a few dozen more startup logos on their portfolio site. Most of them won't survive next year. Maybe there will be some light alumni activity.
And then the next batch starts to produce another dozen new logos on the trophy-wall.
Traditional startup accelerators are usually not good for:
To achieve these, you need to add another layer, one that's more like a #startupstudio. Because #startupstudios are good at
Expect more accelerators to enhance their game with studio-like methods. Main driver: Funders will want to see more tangible results and profit.
And this is good for everybody, especially entrepreneurs and the funders!
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