&gt; The more cynical view would be founders going through multiple accelerators are more focused on appearance and &quot;playing the startup game&quot; than actually building a real business.<p>Yes, these people could exist, and there are legitimate reasons for doing multiple accelerators as well.<p>The end goal for a very early stage startup accelerator or incubator can be a lot different than a later stage accelerator.<p>Different accelerators for different specific purposes at different stages in the lifecycle of the company.