Your program forgets what it learns.
Every cohort ends the same way: a flurry of demo day energy, a few follow-up emails, and then the institutional knowledge quietly disappears into someone's inbox. The next cohort manager inherits a shared drive full of decks they can't search and a Slack history no one reads.
Your mentors give the same advice again and again — not because they're lazy, but because there's no way for them to know what was already covered. Founders in cohort 8 get the same pricing workshop that cohort 4 got, because the program has no memory of what worked, what didn't, and what changed.
Portfolio companies can't find what the program knows. They ask the same questions through office hours that were answered six months ago. They reinvent the same playbooks. And when they need help fast, they can't surface the relevant experience your program has already accumulated — because it isn't actually stored anywhere.