Techstars lays off 17% of its workforce, and says it will end the JP Morgan-backed $80M Advancing Cities fund after fully deploying the money at the end of 2024
Dominic-Madori Davis / TechCrunch :
Sources detail Techstars under CEO Mäelle Gavet, facing departures of senior executives and corporate sponsors at times, and a $7.2M loss on operations in 2023
the story was a wild ride, and even I at times couldn't predict what would happen next https://techcrunch.com/...
Sources: JP Morgan is frustrated with Techstars over missteps in deploying the JPMorgan-backed $80M fund, aimed at helping underrepresented founders, since 2022
Dominic-Madori Davis / TechCrunch : X: @joebreider , @azharthegreat , @techcrunch , @techcrunch , @brianbrackeen , @janelleany , @likemych , @tanichambers , @aviel , @dominicmadori , and @azharthegre...
Techstars is shutting down its Seattle program, which was started in 2010, to shift focus on “hubs with the highest concentration of VC activity”
https://www.geekwire.com/... X: Chon Tang / @chontang : Raise a glass for Techstars 1.0, end of an era. I had a lot of respect for what they built - can't imagine what Techstars is without Seattle or ...
Sam Altman loses 2015 bet against a tech bubble, as 1 of the 3 portfolios failed to achieve its proposed valuation by Jan. 1, 2020, will give $100K to a charity
In 2015, Sam Altman wrote a post titled “Bubble Talk” which lamented the “boring reading” of ongoing press coverage of a bubble … Tweets: @vivekraju93 , @zachgins , @triketora , @balajis , @synopsi , ...
Techstars, a network of startup accelerators and entrepreneur mentoring programs, raises $42M led by SVB Financial Group
Techstars, the worldwide network of startup accelerators and mentoring programs for entrepreneurs, has raised $42 million in a financing round led by SVB Financial Group …
Report: investment in early-stage technology startups in Europe increased 4x to €3.6B in H1 2018, compared to the same period in 2015
We're thrilled to announce our latest report, developed in close partnership with Stripe and Techstars and launched today on the main stage at the Web Summit in Lisbon.
Amazon opens applications for second Alexa Accelerator program cohort, in partnership with TechStars, with option to work in London, the first non-US location
Ingrid Lunden / TechCrunch :
Techstars partners with Japanese e-commerce giant Rakuten and its chat app Viber on three-month Asia-based accelerator focused on mobile chat and related areas
Jon Russell / TechCrunch :
Amazon and Techstars partner on 13-week conversational AI startup accelerator offering $20K initial investment and $100K convertible note option upon completion
Big tech companies have been creating accelerators left and right to evangelize their brands and get developers engaged with APIs and other open-source efforts.