Solid point, and agree.

With open angel forum in 12 cities now we might be able to help fund maybe two or three dozen of these accelerators--but not much more.

The good news is that if even only 1 of 50 companies out of a University accelerator is successful--and the other 49 serve as an education--it's still well worth doing.

the goal of these is to inspire and educate--not have the same batting average as YC or TS.