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I noticed that. I'm thinking it might be because TechStars doesn't have a Bay Area franchise, and YC requires founders to move here.
by dmor 13y ago
I noticed that. I'm thinking it might be because TechStars doesn't have a Bay Area franchise, and YC requires founders to move here.
- rdl 13y agoMaybe, but I think it's more than 500 Startups is just a whole lot stronger, particularly in the past 2 years. Part of that may be that being in SF, at least for part of a company's life, is a huge boost. 500 Startups is really good, maybe better than YC, at recruiting internationally, particularly outside the normal tech network (Latin America, etc.). But they still use the Bay Area advantage. TechStars NYC might be a viable thing on its own, but it's hard for me to believe that the other cities are really viable for all stages of a company trying to be the next Dropbox or Facebook. (I do think you can have a substantial non-bay-area presence, but I think you do need some bay area presence, particularly for investors)