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Techstars has shown stats for all companies for years, and has a 10% failure rate. - http://www.techstars.com/companies/ http://www.techstars.com/companies/ (7
by jedc 10y ago
Techstars has shown stats for all companies for years, and has a 10% failure rate. - http://www.techstars.com/companies/ http://www.techstars.com/companies/
(78% active, 12% acquired, on a base of 800 companies)
Techstars and YC appear to have pretty dramatically different philosophies on selection, which influence this.
- josh_carterPDX 10y agoAgree. I would say the selection criteria for every program varies and each have their own strengths, but having the data around how many companies have failed should influence companies thinking about which program they should pursue.