Are Europe's accelerators speeding out of control?

Here's a story trying to start a discussion about the current explosion of startup accelerators and bootcamps across Europe. Are we seeing too many low-rent clones that mistake the model for the magic?

I've had private conversations with a number of investors, entrepreneurs and executives who are worried about the potential damage this might cause. But is this really a problem? Will the ship correct its course? And is it a European issue, or a wider one?

Thoughts please!
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