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One of the questions I heard most often from commenters was: “if Techstars is an example of a failed accelerator, what does a good one look like?” This post is an effort to unpack what’s required of a startupaccelerator to truly serve the needs of high-performing founders. This has not been our experience.
. + This post unpacks offers an insiders’ view of some of the key strategic decisions that led to Techstars’ decline. ————– Techstars is – or was – one of the world’s best startupaccelerator programs.
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We take tech experts, teach them the policy process through an in-residence fellowship program in the Bay Area, and encourage them to develop outside-the-box solutions to society’s problems. Their foci include addressing environmental sustainability, racial and gender equity, economic development concerns, etc.
These are primarily full-time team members, but PE funds also employ investment banks as well as freelance “finders” Nevin Raj, cofounder of Grata , said, “A typical business development associate at a PE firm earns <$100k with cash bonuses. Calm Company. “We’re SHL Capital (Sahil Lavingia). ASIF Ventures.
We take tech experts, teach them the policy process through an in-residence fellowship program in the Bay Area, and encourage them to develop outside-the-box solutions to society’s problems. Their foci include addressing environmental sustainability, racial and gender equity, economic development concerns, etc.
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