March 19, 2023
Abstract: Accelerators, such as Techstars, Startup Chile, and Y Combinator, are increasingly prevalent parts of entrepreneurial landscapes. These fixed-length entrepreneurial development programs aid cohorts of startups by providing mentorship, networks, and signals of endorsement. Accelerators can have substantial positive effects on startup development and also shorten the time to shutting-down. However, since prior work has focused on startup-level outcomes such as financing, employee growth and customer traction, less is known about individual-level outcomes.