A bootcamp produced 18 startups from 93 builders. That is a useful conversion figure, but it does not show what happened to those startups after demo day.
what does 18 startups from 93 builders tell me?
It tells me something about what the bootcamp produced: 18 startups from 93 builders. That is a useful conversion figure when you are evaluating a program.
The figure describes an outcome at a point in the process. It does not tell you how those startups did over time.
what should I ask about a program after demo day?
Ask what came after demo day. If a program shares how many startups emerged from its builders, it is fair to ask what happened to those startups afterward.
That follow-up gives you a different piece of information from the conversion figure. The first tells you what the bootcamp produced; the second asks how the startups did over time.
What does a bootcamp startup conversion figure tell me?
It tells you how many startups the program produced from its builders. By itself, it does not show how those startups performed over time.
What should I ask a bootcamp about after demo day?
Ask what came after demo day and how the startups did over time. That is a fair question when you are choosing a program.