One of the foremost experts on accelerators on this planet, Jon Bradford has worked with both tiny private and huge corporation-backed startup accelerators. This op-ed is about the latter ones.
Editor’s note: this is the first editorial contribution from Jon Bradford, one of the co-founders of Tech.eu but also managing director of Techstars London and a world-renowned expert on startup accelerators.
Rather fittingly, it was published from the first ever Accelerator Assembly being held in Madrid today and organised by the European Commission in partnership with a number of stakeholders from all over the continent.
Like moths to a flame and with cyclical predictability, corporates are drawn to venture capital with very mixed results. And with equal predictability, most will subsequently retreat in order to focus on their core business...