After applications close, we’ll review applications for about seven weeks, and spend time getting to know even more about your team, market, progress and idea. Our goal is to notify the final group of companies being accepted within eight weeks from the application closing date.

Do techstars mentors get paid?

Know what your reasons are and make sure they are the right reasons. Mentors in this community are not financially compensated throughout the program and should expect nothing in return.

Who is the CEO of techstars?

CEO Maëlle Gavet
Techstars CEO Maëlle Gavet has been a senior executive at numerous large tech companies around the world, including Ozon, the Priceline Group (OpenTable, Kayak, Booking.com), and Compass. She was also a Principal at the Boston Consulting Group for six years.

Are techstars mentors paid?

Mentors in this community are not financially compensated throughout the program and should expect nothing in return. If a mentor has this mindset, they always end up getting the most of the program.

How good is techstars?

Techstars is one of the most highly regarded accelerators in the world. The org is filled with amazing people on a mission to support entrepreneurs. There are no cons to report. It’s a great place to work if you are interested in venture and startups.

How do techstars make money?

Techstars runs an intensive 90 day, mentorship-driven program for startups and entrepreneurs. They select around ten companies for each program from a large pool of applicants. Accepted companies receive $118k in seed funding, intense mentorship, free office space and access to a strong network of alumnis.

How much equity does 500 startups take?

Being a 500 Startups company will validate your business, and our network will help you connect with investors when the time is right. 500 Startup’s standard accelerator deal is a $150,000 investment in return for a 6% stake.