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Is that a good metric to track? My intuition is that not all applications are equal. A good metric might be "if I had N copies of the team, and unlimited money,
by ivankirigin 18y ago
Is that a good metric to track? My intuition is that not all applications are equal. A good metric might be "if I had N copies of the team, and unlimited money, how many of these would I accept?"
You can get 2X the applications, and 0.5X the acceptable applications - depending on the pool.
- andrewhyde 18y agoI have not talked to David much about this, but the early indication was the applications and quality were much higher this year. Certainly, that was the theme from TechStars for a Day.
- tlrobinson 18y agoIt's up 34%, but that's not particularly surprising since they expanded to Boston, it's now for two cities. It could just be that 34% is willing to participate in Boston but not Boulder.