The Ledger
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Borthwick: Under 40% of YC and Techstars startups raise $750k within one year
“I believe the exact numbers are, is 36 for Techstars and 38 for YC.”
80% of Techstars accelerator companies raise follow-on funding
“80% of our accelerator companies are going to raise around from somewhere.”
Techstars invests in roughly 500 startups per year
“We're investing in about 500 companies a year at this point across these 50 accelerators that you mentioned.”
Three of Techstars' first ten companies were acquired within a year
“Within a year of the first program in 2007, there were three acquisitions, and they were all relatively small. So out of the first 10 companies, you know, social thing was picked up around ten million dollars and a couple other companies had been bought in tha…”
Cohen: Techstars manages over $300 million with 150 employees
“Today, you know, so we went from that five million dollar fund today, we're over three hundred million dollars in, in managed capital, but, you know, we have a 150 people in the organization.”
Cohen: Five or six companies from Techstars' 2007 cohort reached exits
“In fact, there's still one company today, you know, from that original class in 2007, that's operating, you know, some have failed. I think there've been five or six exits out of that first 10 companies.”