Do More Faster, 2nd Edition!

Brad Feld and I just released the Second Edition of our book, “Do More Faster”. Originally published in 2010, we’ve updated the book to bring the lessons we’ve learned about accelerating early stage startups into even sharper focus. In this book, we identify the key issues that first-time entrepreneurs encounter, and offer proven advice from …

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Introducing Techstars Talent

Techstars is always adding to our worldwide network through our accelerators, our community programs, and more. Because we attract such amazing people, our network is basically a giant pool of awesome talent. We launched Techstars Talent because we saw an opportunity to connect every stakeholder in our network with companies they care about. The real …

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Watch out for unfair indemnity during acquisitions

Recently, at Techstars, we’re noticing more and more that we are being asked to sign up for joint unlimited liability for fraud in the context of M&A with one of our portfolio companies. In other words, we are being asked to guarantee that our portfolio companies, and sometimes even that other shareholders of these companies, …

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Here’s SendGrid’s seed round pitch deck

In 2009, coming out of Techstars, SendGrid set out to raise a seed round. The original target was $300,000. They ended up raising $750,000 in that round. Eight years later, they went public at around a $1B valuation. Shortly thereafter, Twilio acquired SendGrid for $2B. Great success stories have humble beginnings. This was true for …

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Managing communication tools in distributed companies

Last week, I did a talk as part of YPO Innovation Week on “managing distributed innovation.” Effectively, this was about strategies and tactics for innovating using globally distributed teams. We have approximately 300 employees at Techstars and those people live and work in about 60 different cities around the world. The YPO group was very …

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Never ask anyone to be your lead investor

Let me explain why you should never ask anyone to be your lead investor. First, if you’re talking to a venture capital firm that writes large checks (>50% of the round size you’re seeking), just ask them to commit to investing. Let them know they’re wanted. If they want to invest, they’re going to want …

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file under: Startups