Not to be the pessimist out of this batch of comments, but the accelerator sounds less promising than I would have expected from AngelHack. I have to imagine they have enough money to at least provide housing and living expenses for the teams they choose so the teams can be in one centralized location. The mentorship will probably have less value when the teams cannot meet in person and there is of course the lost networking aspect as well.
Although they do provide a chance for the startups to pitch in the final two weeks in SF, it seems that this accelerator, even if not formed with this intention, will be more of a feeder to the bigger and more established ones like YC, TechStars, 500 Startups, etc.
Although they do provide a chance for the startups to pitch in the final two weeks in SF, it seems that this accelerator, even if not formed with this intention, will be more of a feeder to the bigger and more established ones like YC, TechStars, 500 Startups, etc.