Recently, TechStars began expanding outside the United States through its new TechStars Global Affiliate program. From experience, we know that investing internationally from the United States is difficult. However, the demand from entrepreneurs throughout the world for a TechStars-like program has been substantial. So, TechStars opted for an affiliate model which gives the local partner the benefits of working with TechStars such as process know-know and access to the TechStars network. TechStars Global Affiliates are independent entities but we intend to bring them together at least once a year and are in touch with them continuously to help out as we can.
The first TechStars Global Affiliate is Startupbootcamp which is based in Copenhagen but covers Northern Europe (from Scandinavia to the Baltics and even northern Germany and Poland). What does it take to be an affiliate? TechStars is a community-based model so a top requirement is a large local network of serial entrepreneurs. It’s also a chemistry thing and we have to feel that we share values (intellectual honesty, passion and simplicity). And of course you have to know a thing or two about entrepreneurship.
Applications for Startupbootcamp are open until the end of June. If you are in Northern Europe, take a look and apply now!
One of my often quoted lines is that “fear is a useless emotion in business.” Sure – self doubt enters the picture on occasion and there are plenty of dark days, but why be fearful of anything? There’s just no value in it. Watch as some of the TechStars founders confront some new and exciting types of fear that includes some of Boulder’s majestic rocks.
The TechStars Boston 2010 program finished up the other day. I was at investor day and it was awesome to see how far the ten companies came over the last 90 days, especially since I was there on the first day of the program and really had a baseline perspective.
If you follow my twitter feed, you’ll notice that I’ve been posting a bunch of “Mar.gy links” from a company called Marginize. This is one of the companies that I was a mentor for this year and I love what they are doing and what their vision is. But they weren’t recently on CNN – and StarStreet Sports was. If you are into The World Cup, you’ll love this one.
I’ve always enjoyed hanging out with Om Malik. We’ve had a handful of nice, relaxed discussions about some deep stuff. Last week I took a break from Google I/O and spent an hour and a half with him. We spent about an hour talking about life and some very personal things and then did a thirty minute interview which includes a really nice post on GigaOm about me and Foundry Group.
Om does a great interview and really brings out the best in people. The next time he emails, he’ll have me at “Brad, would you talk to me about …”
We’re doing the TechStars Founders video series again this year. The Rackspace Cloud has sponsored the series so look for some new and exciting twists. Episode 1 follows!
Another TechStars Boulder company – this time DailyBurn from the class of 2008 – has been acquired by IAC. I’m super proud of Andy Smith, Stephen Blankenship, and the whole DailyBurn team. This is now TechStars fifth meaningful acquisition and the first from the 2008 class.
The TechStars Boulder 2010 class has begun. I spent Monday afternoon meeting with each of the teams and I’m psyched about this year’s group. TechStars is now in its fourth year in Boulder and everyone is off to a fast start. Also on Monday, David Cohen announced the new TechStars Global Affiliate program and announced our first Global affiliate, Copenhagen-based Startupbootcamp. I also saw the first episode of the TechStars video series “The Founders – Season 2”. A quick teaser follows.
If you are interested in participating in TechStars, applications for the TechStars Seattle 2010 class is open until June 1 at 11:59:59 PM Pacific Time. Apply now!