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That prediction obviously turned out pretty wrong, but it did drum up a whole lot of chatter about the right ingredients for building a startup community—about New York vs Boston on the East Coast and whether cities like Austin and Seattle would ever break through. What makes people like that want to live in any particular community?
While I eventually found success through perseverance, strategic partnerships, and the unwavering support of my wife and team, I often wonder if the journey could have been less daunting with the right mentorship. He is committed to fostering an informed, engaged investment community, aligning business growth with investor education.
Just two years later, in 2009, we worked out a deal to create the Techstars Seattle program, with our first program running in 2010. From the beginning, we were deeply committed to Techstars’ “give first” ethos and mentorship-driven approach to startup investing.
In the short term, women founders can take action to boost their chances at VC success in the current investment climate, including leveraging their community and support network and building the necessary self-belief to thrive. of the funding raised since 2009, while Latinx female founders saw only 0.4% of total investment dollars.
A quality accelerator packs expert mentorship, essential business acumen, entrepreneurial resources, investor access, community — and a collaborative, motivating environment — into three short months. Building a startup can be a slow, lonely endeavor, but getting into a business accelerator can change that in a big way.
It was 2009 and it was terribly difficult to get any financing (if you can remember a time like that!) and I thought if we brought the community together for common purpose we could create more of a sense of community to help new entrepreneurs get funded, assemble teams, raise profiles and help with biz dev, product, etc.
Community organizations like Shine & Rise provide support and mentorship to women who work at tech companies, and coworking spaces like Cahoots offer dedicated tech entrepreneurial spaces for the community. Founded in 2009, Duo Security has grown into one of the top tech companies in the Midwest—and the country.
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