Yup, agree thats the most honest one. If they truly wish to “have a hand in different pies” etc, being an associate at an accelerator would be a sure way to go hands on and help different companies.
During our time at Techstars as a startup founder, we’ve had the opportunity to work with some awesomest associates — highly motivated, know their area of expertise well, and great fun to work with! And they get to work intensely with 10–12 accelerating startups simultaneously.
So, my assumption is that the key difference must be the money?