But is this a good strategy outside Silicon Valley, for the 99.9 percent of ventures that don’t get VC? But what about outside Silicon Valley and outside a few other high-tech hotspots around the country? The top names among venture accelerators seem to be in Silicon ValleyAccelerators may have a more important benefit outside Silicon Valley but not in accelerating ventures. To develop high-performance ventures outside Silicon Valley, entrepreneur acceleration is needed before venture acceleration. Their success is proof that entrepreneurs can build multi-billion-dollar companies with the right skills, finance-smart strategies, and Alt-VC, especially outside Silicon Valley.

Source: Forbes March 26, 2018 18:22 UTC