Techstars was born 13 years ago. There’s a delicious article in the Denver Post that was the launch article of the first accelerator in Boulder titled How TechStars was born from 5/18/07. The photo is fun.
Some of my favorite lines from the article include:
Jared Polis, Brad Feld, David Cohen and David Brown are the “professors” – the founders of an organization called TechStars, created to mentor 10 startup companies for the summer. The inaugural session kicks off Monday.
“I had never met David (Cohen),” Feld said. “We had a random meeting and in 15 minutes, I was totally in love with the idea.”
“I was thinking about the gaps in my own experience. I made a lot of mistakes,” said Cohen. “I wish I had had more mentorship, and more access, not only for capital, but the critical thinking. How to think about (starting a company) and approach it from a strategic standpoint.”
“Certainly people who are investing look into us and what we’ve done. There’s really a strong bench of support and proven success there,” Polis said. “I wish when I was first starting out I had access to this kind of brain trust.”
“I love helping start companies,” Feld said. “The four of us funded TechStars this year. If it’s successful, we’ll do it again.”
TechStars hopes the summer will shine light on Colorado as a top destination for technology startups.
Happy birthday Techstars. It’s pretty awesome to see what you’ve become after 13 years. And, thanks to everyone who has been involved throughout the entire experience, as Techstars simply wouldn’t be relevant without all of you.
Last week David and I spent some time at the Techstars Sustainability Accelerator in partnership with The Nature Conservancy. Their demo day is happening on October 30th in Denver and you can register here if you’re interested in attending.
If you want to see what actual world-changing startups look like, you’ll love this particular demo day. The ten companies that you’ll hear from are working on problems like how we remove carbon from the atmosphere, better manage our water, make valuable products from waste, and keep companies accountable for critical supply chains like coffee, seafood, timber, minerals, cotton, and palm oil. Each company is a venture-backable for-profit that has the possibility of creating both big financial and impact outcomes.
You’ll also hear from my wife, Amy Batchelor, about the important work The Nature Conservancy is doing and how we’ve been supporting them since 1990. My partner Seth Levine and his wife Greeley Sachs, who is currently a trustee on the TNC Colorado board, have also been long-time supporters of TNC as a key shared value of ours is protecting our planet following TNC’s science-based approach.
If the event is anything like last year, you’ll leave inspired about what a new generation of entrepreneurs is doing to help and protect our planet. The partnership between Techstars and The Nature Conservancy is combining disruptive technologies from startups with proven science from conservation in powerful ways.
As a bonus, there is also an investor-only event that morning for accredited investors. If you want more details, email firstname.lastname@example.org.
I’m excited to share a unique Startup Weekend opportunity for the Colorado community. Startup Weekend has grown up quite a bit from its humble beginnings here in Boulder in 2007. The latest stats, which are likely already out of date, are; 23,000+ teams formed, 193,000+ alumni community members, happening in 150 Countries.
Google for Startups – along with some help from Techstars, Startup Colorado, and Foundry Group – is hosting a Startup Weekend at Google’s new(ish) office in Boulder Oct 25 – 27. In this 54 hour event, attendees will experience the highs, lows, fun, and pressure that make up life at a startup and be connected with mentors from Google and the greater Colorado startup community.
In this Startup Weekend, the team is trying to pull together participants from beyond the Boulder tech bubble, to promote diversity and inclusion in all of the founder teams. Within the weekend, the focus will be on accessibility in tech. So basically, inclusion in multiple parts of the ecosystem.
Feel free to reach out to me or email@example.com if you want to get involved or just RSVP to attend here (discount code: Google). Please share with folks outside of Boulder – especially in more rural parts of Colorado. If you are a regular Startup Weekend attendee, try to bring someone outside your usual sphere and make sure you are coming with ideas relating to accessibility in tech.
Colorado Public Television takes an in-depth look at Colorado’s thriving startup scene in its new 5-part season called Street Level Startups.
The first episode, which is above, includes me and Jared Polis reflecting on some fun Techstars founding history, Dan Caruso talking about Zayo and the bridge between Boulder / Denver, and a great segment at the end with Brad Bernthal talking about fundraising and #GiveFirst. And, plenty of other stuff.
It was fun to watch a bunch of the old video from the last dozen years in one place. I love living and working here.
David Cohen and I just released Episode 4 of our Give First podcast.
We interviewed Mary Grove on the origins of Google for Startups & Startup Weekend among other things. Mary has been a long time friend and supporter of Techstars and is currently a partner at Rise of the Rest Seed Fund, the co-founder of Silicon North Stars, and on the Advisory Board for the Techstars Foundation.
David and I are starting to get better at the podcast thing. It’s a new medium for both of us so we are learning and iterating quickly on what makes a good podcast interview. Any feedback – good and bad – is welcome.
I’ve been open about my journey with depression and the importance of addressing and destigmatizing issues around mental health. So I was excited that one of our Techstars programs – the MetLife Digital Accelerator powered by Techstars – is looking closely at mental health startups for their 2019 class. If you’re a founder innovating in the mental health market, I encourage you to apply for this program.
The MetLife Digital Accelerator powered by Techstars is focused on
Over half of all humans will experience a major mental health challenge in their lifetime. Yet, mental health still carries a stigma, and many people suffer silently including our coworkers, friends, and family. The startup journey is immensely difficult, so the quiet sufferers include many entrepreneurs. Mental health startups that take advantage of new technologies and data could have a huge positive impact by solving these problems.
The MetLife Digital Accelerator powered by Techstars recruits globally and is stage agnostic. Founders in this program have unique access to the resources of both Techstars and MetLife, a Fortune 50 company with over 100 million customers worldwide in nearly 50 countries and serving 90 of the Fortune 100 as their clients in the US.
If you’re a founder of a mental health startup, I encourage you to request office hours with managing director Mee-Jung Jang with this form and follow her on twitter to keep posted on her startup recruiting tour. Or, just apply now as applications are open until April 7th.
I’m excited to see which mental health companies get accepted into the MetLife Digital Accelerator powered by Techstars.
If you are New York-based and interested in entrepreneurship around financial services, consider participating in Techstars Startup Weekend New York: Financial Inclusion on April 5th to April 7th at
When Startup Weekend first began in 2007, it was primarily based on geography. Today, a number of Startup Weekends have a specific theme. The upcoming NY-based one is around financial inclusion.
Approximately three billion adults worldwide are underserved by the financial services industry. In many cases, they don’t even have bank accounts. Imagine your life and daily functions without some of the most basic, increasingly critical, and necessary financial services?
If you are interested in this topic and want to explore ideas that will improve financial inclusion, sign up and participate in Techstars Startup Weekend New York: Financial Inclusion.
No entrepreneurial or financial experience needed – just a desire to learn, work, and to make a difference.
I participated in a one hour Crowdcast yesterday with Techstars and 43 North about How to Build a Successful Startup Ecosystem in your City. Some of the thoughts from my upcoming book The Startup Community Way are in the hour, along with a bunch of things Techstars is doing around this initiative.powered by Crowdcast
If you are in a city somewhere in the world working on developing your Startup Community and are interested in learning about the new Techstars Startup Ecosystem Development product, drop me an email.
On 2/12/19, Brian McPeek (President, The Nature Conservancy) and I are doing an AMA about the Techstars Sustainability accelerator.
It’ll be at 1 pm MT and last for an hour. This will be the second year that Techstars is running an accelerator in partnership with The Nature Conservancy. I had high expectations when we announced the partnership in November 2017. The year one program far exceeded my expectations!
Brian and his team at TNC are a substantial force for good in our ever more complex world. Join us to hear more about how TNC and Techstars are working together to help companies get started to address some of the most challenging issues facing our planet.
And, if you are one of those companies, applications for the accelerator are now open. Please apply!
Today, Techstars announced a new initiative called Techstars Studio which will allow Techstars to source new company concepts from Techstars alumni founders, community leaders, venture capitalists, mentors, and corporate partners. The Techstars Studio will then build prototypes, test market adoption, and select the most promising concepts for launch. Techstars Studio will then launch new startups and source talent and capital from the Techstars worldwide network to run the new companies.
The goal of each Techstars Studio is to launch four new companies annually. The first Techstars Studio will be in Boulder, just like the first Techstars accelerator was in 2007. As with the expansion of Techstars Accelerators around the world (Techstars will run 41 accelerator programs in 31 cities and 11 countries in 2019), expect Techstars Studios to follow a similar expansion path.
At Foundry, we have a lot of experience with the Studio model. We are investors in PSL (in Seattle) and High Alpha (in Indianapolis). We are also investors in the venture funds associated with the studios (PSL Ventures and High Alpha Capital) as well as Techstars Ventures.
Over the past five years, we’ve looked at potentially investing in numerous studios. We think the studio model, while very attractive with the right team, resources, and network, is very difficult to execute well. We’ve been deliberate in our choices and the leaders of both PSL and High Alpha have been helpful with Techstars as they’ve gone through their thought process on how to build out a studio.
We are especially excited about the founding team of Techstars Studios. Along with the leadership of David Cohen (the co-CEO of Techstars) will be Isaac Saldana, founder of SendGrid and Mike Rowan, former VP of SendGrid Labs. We’ve worked closely with Isaac and Mike over the years and are psyched to have another chance to create something with them from the ground floor.
A number of the most successful Techstars accelerator alumni are participating as founders in residence and advisors to Techstars Studio. In addition, more than 25 corporate partners of Techstars are involved in the initiative at launch.
If you are interested in the Techstars Studio, drop me an email and I’ll route you to the right folks.