Techstars’ $80M partnership with J.P. Morgan is on the rocks, employees say

During a Zoom meeting with her senior leaders last summer, Techstars CEO Maëlle Gavet sat at a table, an open notebook in front of her, a laptop to her side, her arms crossed. An attendee had just asked her about the progress of the organization’s $80 million Advancing Cities Fund, which was raised through J.P. … Read more

Techstars CEO defends changes, says physical presence in a city is not necessary for investment

Earlier this week, accelerator group Techstars announced changes to its operations. But what was planned internally to be an exciting new chapter for the organization ended up being somewhat of a PR nightmare.  Techstars found itself facing criticism for some of its decisions and execution after announcing it would shut down its Boulder and Seattle … Read more

As Techstars retools, some former staffers say it lost focus on what made it successful

Well-known accelerator group Techstars announced a slew of changes to its operations this week, including the shuttering of some of its city-based programs.  Criticism from former members of its decisions lit social media channels who argued that the famed startup accelerator has lost focus on the very thing that historically made it so successful: city-based … Read more