Yesterday was TechStars Investor Day for Boulder. I was reflecting on my first TechStars Investor Day the other day with Chris Vincent of Rocky Radar. For Chris, he and his partner sat in the balcony last year determining if Rocky Radar was a feasible concept. Obviously it was. For me, going to TechStars Investor Day at the beginning of my job with Metzger, was one of the reasons I came to Metzger. The thought of getting to work with so many cool companies and entrepreneurs was a huge selling point.
Investor Day puts these ten companies in front of incredible investors. But the real story is how far these companies come in three months. As David noted, Next Big Sound told him day one of TechStars that they had completely changed their business idea. The momentum is astounding, and as Ari Newman of Filtrbox noted last year, the program serves as more of an accelerator than an incubator. You succeed or fail that much quicker.
These teams more than burn the midnight oil, they’re way past midnight. And the mentors are going the extra mile with them whether it be providing feedback (again and again), helping make connections and asking some tough questions. And sometimes in the case of Jason Mendelson, free sushi too.
Rocky Radar has a great write up of the teams if you’d like to see what the 2009 teams have accomplished. If the last two year’s teams are any indicator, they’ll continue to grow at phenomenal rates in the next year.
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
You must log in to post a comment.