Innovation unConference

UnConference Session on Getting into Tech Stars

By guest blogger, David Wong

Katie Rae, Managing Director, TechStars Boston @ktrae
David Cohen, Executive and founder, TechStars @davidcohen

They have support from the MassChallenge (Scott Bailey @scottbaileyBTV) and DogPatchLabs (Gus Weber @gweber) crew, love when simliar objective organizations help each other!

  • Early deadline was encouraged 
  • Extra opportunity for TechStars to hang out with the founders and teams

Reasons why you want to be at TechStars

  • When you’re around exceptional people/companies, it makes you want to be great(er)
  • Amazing awesome mentors in different industries
  • Mentors want you to succeed

How does the funding aspect work? At the time you’re accepted…
$18k upfront common stock (6% of valuation)
$100k convertible note option (only if you need it)

More FAQs at http://www.techstars.com/program/faqs/
– Post Demo Day – unique opportunity from 300-700 investors who show up to Demo Day
– David loves bootstrapping companies

TechStars does not discriminate on age. Accepted entrepreneurs ranged from a 16 yr old to 62 yr old!

Tweet David or Katie with the code word “Pomegranate” and  receive a special prize.

Read why Kinvey loves TechStars http://bostinnovation.com/2011/10/17/how-to-get-into-techstars-boston/
Read why PromoBoxx loves TechStars http://bostinnovation.com/2011/10/27/from-rejected-to-techstars-to-funded/

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