What happens to companies formed during Startup Weekend?

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Mark Nager, CEO at Startup Weekend, has this to say:

“Since 2009, more than 35,000 attendees have participated in Startup Weekend workshops around the globe.  More than 850 ventures are still active and of those, several startups have gone on to secure investment and/or funding.  Startup Weekend companies are participating in accelerator programs, hiring employees, generating revenue, winning awards, and, most importantly, solving real problems and creating value for themselves, their communities, and the economy”

Go here to see more of this article: http://www.managementexchange.com/story/startup-weekend-global-entrepreneurial-revolution
Eventbrite - Edinburgh Startup Weekend 11/2012