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

TechCrunch

Concurrently, the number of funds raised in the eight-year period up to 2022 was 2,700 , up from 883 in 2010. Moreover, rumors of deeply unethical behavior at accelerators are starting to surface frequently. The most notable example was allegations of fraud at Newchip , a popular virtual startup accelerator.