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Interesting to see their stats. 8 out of 10 from last summer are funded. Of course, the proof will be when and if any of them have an exit (and how good the f
by webwright 19y ago
Interesting to see their stats. 8 out of 10 from last summer are funded. Of course, the proof will be when and if any of them have an exit (and how good the founders make out in the exit).
Some offhand differences I see from YC are:
-3 weekly events with TS versus 1-3 with YC.
- TS is more of an incubator. They provide office space. I tend to think this isn't good-- creates less of a sense of ownership for the founders, IMO.
- Boulder, CO ... Not the best hub in the world. On the surface it doesn't seem to be impeding funding, but what about acquisition?
- TS companies have less competition... ~300 applications, 10 accepted.
- TS has a LOT more mentors, on the surface... No idea how engaged they are.
- And the biggie-- The YC/PG brand clobbers TechStars...
- transburgh 19y agoGood points webwright. I have had a few discussions with entrepreneurs in Colorado and they are collectively trying to make Colorado more of a hub for startup activity. Holding investor events and such. Im in Columbus, Ohio so I know the feeling of being on the outside looking in to places like Boston, New York and the Valley.
- davidw 19y agoBoulder looks like a nice place to live, too. Perhaps the sort of place you might even be able to live in over 30 even if you don't become fabulously wealthy. I'm actually becoming sort of curious about Colorado... living here in Innsbruck, I realized that it's not the cold and the snow that bother me, it's the gray and the rain so prevalent in the western half of my home state of Oregon. I can't stand that weather. I guess all this is pretty tangential to startups, but quality of life is extremely important for me.
- gibsonf1 19y agoI lived in Golden (where my first house design was built) for a while, and you simply can't beat the area there for outdoor activities. I was in amazing shape, rode my bike along the Continental divide, got a below freezing outfit to hit the road as soon as the snow was plowed in the winter, amazing skiing up Interstate 70. But if you're looking for fine art, symphony, theater, opera, great dining, etc, this is not a good place to be. For a shorter period though - a great experience.
- jsjenkins168 19y agoThe working in designated office space requirement is a big negative to me. I see this as they either 1) dont really understand what kind of work environment hackers want/need 2) dont trust the groups that they are funding enough to allow them to work alone without supervision. They really should consider making the office space an option for those who want it.
- rms 19y agoThey provide optional office space -- it's there if you want it.
- RyanGWU82 19y agoPerhaps there are some entrepreneurs that prefer a dedicated office environment as a way to focus and get things done. You may not like the office environment, but the same doesn't hold true for all entrepreneurs.
- jsjenkins168 19y agoPlease name a successful startup that began its earliest stages in an office. Google, Excite, Yahoo, Dell, Msft, Apple? They all started in dorms/garages/apartments. Not saying its not possible or some dont prefer it, but the majority of successful ones do not. That is just historical fact. But its a moot point as it sounds like (according to rms) the group office space is indeed optional with Techstars..