1. Equity Dilution: In exchange for seed funding and resources, startups often have to give up a portion of their equity. 2. Intense Workload: The accelerated pace can be demanding, requiring intense focus and long hours. 3. Selective Admission: Competition is fierce, and not all startups that apply are accepted. 4. Dependency on Mentorship: Over-reliance on mentors can stifle a founder's ability to make independent decisions.