TechStars Reunion Event Nov. 4
Wednesday, October 21st, 2009Posted by Greg Gottesman
All of us at Madrona are looking forward to welcoming TechStars for its big reunion event here in Seattle on November 4. TechStars is a mentorship-driven incubation program/seed investment fund with operations in Boulder, Colorado and Boston, Massachusetts. Every year, TechStars funds 10 very early technology start-ups in each city and provides an intensive boot camp for those companies, involving dozens of mentors from the start-up community.
TechStars has been operating for three years and has funded about 40 companies. Some alumni companies have already had positive exits, including IntenseDebate (acquired by Automattic/WordPress), Socialthing (AOL), and Brightkite. Every year the TechStars companies get together for a reunion in a different city, and this year the reunion is in our Emerald City.
As part of the reunion event, TechStars reserves a part of one afternoon to highlight its companies that are still raising money and has them pitch to investors. To date, about 75% of the companies that come out of TechStars have been angel- or venture-backed. The pitch session is a great opportunity to see a bunch of interesting early-stage companies. In addition to company presentations, there will be a panel on angel and venture investment trends that will include Brad Feld (co-founder of TechStars and Managing Director of The Foundry Group), Andy Sack (Founders Co-Op), Steve Hall (Vulcan Capital), David Cohen (co-founder of TechStars and angel investor), Chris Sheehan (CommonAngels in Boston), and yours truly. It should be a lively discussion, followed by the pitches.
If you’re a Seattle-area VC or angel investor, please contact me, and I’ll get you an invitation to the event. Hope to see you there!
