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dc.contributor.advisorMercedes Delgado.en_US
dc.contributor.authorVon Bueren, Konstantin Peter Oliveren_US
dc.contributor.otherSloan School of Management.en_US
dc.date.accessioned2016-09-30T19:32:53Z
dc.date.available2016-09-30T19:32:53Z
dc.date.copyright2016en_US
dc.date.issued2016en_US
dc.identifier.urihttp://hdl.handle.net/1721.1/104509
dc.descriptionThesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2016.en_US
dc.descriptionCataloged from PDF version of thesis.en_US
dc.descriptionIncludes bibliographical references (pages 69-72).en_US
dc.description.abstractNew accelerator programs have developed globally over the last decade. The accelerator concept is widely discussed in the media and receives increasing interest from researchers. However, the performance and impact of accelerators is often debated. This paper's objective is to offer a qualitative overview of different accelerator types and empirical analysis of the performance of two popular accelerators: Y Combinator and Techstars. Based on characteristics of the accelerators and the economic environment, this paper presents a first attempt to understand the influence of economic shocks on accelerated startups in the context of the recent Great Recession (2007-2009). Three core findings were identified in this research. First, the death rate of startups accelerated during the recession is significantly greater than of startups accelerated before or after the recession. This finding questions the added value of attending an accelerator program during a recession and calls for crisis-specific initiatives to increase the resilience of the accelerated startups. Second, the scarce VC funding in a location during the crisis is associated with the increased death rates. Third, the two accelerators seem to have changed their business model, increasing the number of later stage startups (i.e., those with prior funding) accepted in their programs.en_US
dc.description.statementofresponsibilityby Konstantin Peter Oliver Von Bueren.en_US
dc.format.extentx, 96 pagesen_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsM.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectSloan School of Management.en_US
dc.titleAccelerators, startup performance, and crisesen_US
dc.typeThesisen_US
dc.description.degreeS.M. in Management Studiesen_US
dc.contributor.departmentSloan School of Management.en_US
dc.contributor.departmentSloan School of Management
dc.identifier.oclc958295308en_US


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