2024-02-22
Raise a glass for Techstars 1.0, end of an era. I had a lot of respect for what they built - can't imagine what Techstars is without Seattle or Boulder. The quote below is absolutely true. 4000+ applications for 40 slots at @SkyDeck_Cal past 12 months. https://www.geekwire.com/... [image]
GeekWire
Techstars is shutting down its Seattle program, which was started in 2010, to shift focus on “hubs with the highest concentration of VC activity”
https://www.geekwire.com/... X: Chon Tang / @chontang : Raise a glass for Techstars 1.0, end of an era. I had a lot of respect for what they built - can't imagine what Techstars is...
2023-02-26
Silly take. Sequoia doesn't have a moral (much less legal) obligation to support Citizen through a recap - no more than Citizen had an “obligation” to do better at driving usage / revenues over the past 6 years. Things like this happen all day in VC. Couldn't be more normal. https://twitter.com/...
Financial Times
Sources: Sequoia resigned from Citizen's board after the startup offered a “pay to play” deal obliging existing investors to participate in a new funding round
Investor abandons start-up over fundraising that has massively diluted its shareholding, as Silicon Valley VCs re-evaluate deals