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Right and I don't know the specifics of this situation so I really shouldn't conjecture. Clearly the company didn't feel they had the option to take more time to decide. If that's …

Wanting to have a quick response is significantly different than using time pressure to influence the outcome. We give companies time to decide if they need it, we just don't give …

Not evading here, just don't want to go into unnecessary detail, but here it is if you are interested - Our LOI is not a complex document. It's one page long and covers 7 points. 1…

I don't know the methodology of the research but here is the coverage - http://tech.co/top-startup-accelerators-ranked-2012-08

No worries at all, I don't take it to be antagonistic in any way. I'm hoping to accurately represent how we operate and I'm inviting your questions, so ask away! >> Is Sam Altman i…

Much higher than that.

Nope. Sam Altman had a great post recently about YC's indictment of timing pressure tactics on accelerator offers. We completely agree with that position and try very hard to not g…

Given that I work with our cloud program and in Austin I'm not as intimate with the alumni from Chicago, but one that I am personally fond of is http://www.giveforward.com/ They've…

Im an MD for Techstars in Austin and happy to answer specific questions on this for anyone about our programs and results. I don't know the details of this specific company, so I w…

The quora post is correct (note is a 100k convertible 3 mil - 5 mil cap, 20% discount). It appears that the OP misunderstood the terms.

Techstars in Chicago is actually less than 2 years old. Excelerate labs was 2 years old at the time it joined Techstars, so the oldest company connected to that city is less than 4…

Specifically on the exit stats GrabCAD (Boston TS company from 2012) was acquired for 100 million - http://betaboston.com/news/2014/09/16/product-design-startup... And the real ans…

Agree! I was going to reply to some of Sam's comments, but stopped because this is not at all what Genius was designed for and my reply to his comments wouldn't fit the UX.

I'm an MD for Techstars and I completely agree. This is the approach we've always taken for the programs that I've run, (Techstars Cloud and the Austin TS program). In several case…

Seems like an odd theory on the heels of three counter examples. Bill Gates didn't create the first OS, Larry and Sergey didn't create the search engine, and Mark Zuckerberg didn't…

I'm replying to this comment on a forum that PG built, so he deserves the courtesy of me being in his house. Also I'll say that he was a phenomenal inspiration to Matt Tanase and m…

car2go is a pretty solid service in Austin. rent by the minute, pick up anywhere drop off anywhere.

Good feedback, thanks we'll modify. We are using social sign up for applying, but you should have to click through that to just see the application.

The way that it scales is to not try and spread the 'most high profile mentors' to all cities, but to source effectively orthogonal sets of high value people that support each prog…

It would matter if and when you relocate your startup to another city, or when you need access to a company or resource in another TS city. Differences are still possible while hav…

Our strategy is to have local differences and strong independent programs, but we definitely have a cohesive TechStars culture. I've spent time at most of the TS locations in the l…

"don't take money unless you need it" is not an unusual bit of advice inside of TechStars either. One of the top companies in the last TS Cloud class is bootstrapped and on fire - …