Three years ago, David Cohen and three friends started a summer program for startups.
The idea was that over three months, around ten startups would get enough money to survive and enough guidance to build great ideas into viable companies. Today, TechStars boasts a remarkable roster of startup mentors and an equally impressive stable of program alumni. At the TechStars Boulder headquarters, we sat down with Cohen to talk about how and why the program works.
TechStars’ many success stories include BrightKite, which has become a leader in location-based social apps, and SocialThing, a lifestreaming service which sold to AOL last year.
A Boston branch of TechStars debuted this year; its inaugural class includes nine startup companies.