Five reasons you shouldn’t launch a startup accelerator

It’s hard not to notice the sudden explosion of accelerator programs, which aim to bring big companies closer to the most disruptive startups in their industry by offering a place to work, some early funding, market insight, and mentorship. At least fifteen companies are now involved in running or supporting accelerator programs, from Deutsche Bank to Volkswagen to Walgreens. (Here’s our comprehensive list.) The most recent program, announced earlier this month, is the Disney Accelerator, designed to attract sorcerer’s apprentices in the media and entertainment space.

Many of the programs are run with support from Boulder-based Techstars. So we were suprised when Techstars vice president Dave Drach — a former Microsoft exec who is responsible for launching these corporate accelerators — told us that there are lots of bad reasons for starting one. We asked him to explain…

drachBy Dave Drach, Vice President/Business Development, Techstars

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