YCombinator has pulled up its tent and moved permanently to the West Coast. Clearly our style of entreprneurship did not fit what they were trying to do. I would agree; what they are doing is largely Web 2.0, which is a West Coast business. I would advise most web-based startups to move West too. The entire ecosystem is in the valley.
Techstars is moving into Boston. This is a Boulder, Co based firm that operates like YCombinator. It is smaller, accepting 20 companies a year of which 10 will be in Boston. The company will give $18K in seed funding to web-based and software companies. Sorry - biotech and medtech entrepreneurs. TechStars prefers companies that have more than one founder.
Friday, February 20, 2009
Hello TechStars, Goodbye YCombinator
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