>The primary assets of MLABAM are intellectual property rights (contracts for content). The business is resale
You can say that about any number of startups that focus on delivering content: Netflix, Steam, Youtube, etc.
> and the revenue model is biased toward dividend type payouts rather than reinvestment for continued growth. This may make it a lucrative business line, but it doesn't make it a startup.
MLBAM has had both dividend payouts and reinvestment. They were started with a $77 million initial investment [1] and turned it into a $5 billion business in a decade and a half. You don't get that kind of growth without reinvestment.
> It started on third base not ramen.
Can't disagree, but isn't that the point of an accelerator? Isn't that supposed to be the differentiator between going to someone like Y Combinator before going to a VC? They are supposed to give startups a head start and guidance that they wouldn't normally receive in order to help them be more successful.
[1] - http://www.fastcompany.com/1822802/mlb-advanced-medias-bob-b...