We've been publishing the TechStars data fully since the beginning on TechStars.com. For every single company, you can see if it's a failure, success, how much they raised. Entrepreneurs deserve that sort of transparency from accelerators, and it's not hard to do.
Techstars is truly global; you'll see us continue to expand all our programs worldwide, including accelerators, our venture capital, as well as the UP Global programs including Startup Weekend, Startup Next, Startup Digest, etc.
Entrepreneurship transparency, I think, is important because there are so many problems that you just have to be real about them. There are so many ways for a startup to die, so the transparency attitude is key.
In 2007, there weren't any other accelerators, at least that I was aware of. We were almost the prototypical Y Combinator founders: We were highly technical but had never done a startup before. We also didn't know anyone in the Valley - investors, other entrepreneurs, potential hires. YC seemed like a great way to bootstrap that network.
I think co-working spaces, incubators, and accelerators outside of the Bay Area do a lot to foster a local startup scene - which is really important for early founders, but I also think that exposure to the Bay Area is extremely valuable for startups.
I think leadership of any kind requires trust and transparency and voters should demand no less from their political leadership in government.
We think of the Techstars product as not really the accelerator but the network. That's what entrepreneurs should be valuing here. I think it's the most undervalued thing that many entrepreneurs don't get.
The Startup Act should give all Americans, not just immigrants, a better shot at being tomorrow's engineers and entrepreneurs. And that opportunity could begin at a young age with education in computer programming.
Startup culture fosters laughter, debate, and a passionate, non-politically-correct focus on getting things done. And this startup of culture is something entrepreneurs struggle to maintain as the business grows. To ensure this environment continues, create a strong foundation and ensure everyone is on board.
Americans should demand real news, more transparency and more truth.
Most entrepreneurs think capital is the biggest problem they have - but it's not. You can have all the capital you want, but if the market fit and ability to adjust are not present, your startup will likely not succeed.
Some incubators, like Y Combinator and TechStars, were started by successful entrepreneurs wishing to help the next generation learn from their experiences. Other programs, such as Viterbi Startup Garage and Austin Technology Incubator, were created by universities to help young entrepreneurs bridge the knowledge gap from student to funded company.
A startup for entrepreneurs is like a baby, and I have five babies so far - experienced father.
Most startup failures result from entrepreneurs who are better at making excuses than products.
In the world of today, I think that entrepreneurs are the new emerging ruling class - I identify it as the startup class. That's the new proletariat of the 21st century. These are the people that are the drivers of the change.
Generally speaking, experience counts for something. So you'd expect entrepreneurs who've been through the ups and downs of a tech startup to have an advantage over the newcomers. Or at least have an equal chance at success. But in fact the opposite may be true. A number of venture capitalists I've spoken with have said that too many "old guard" entrepreneurs are not being bold enough in their business decisions, and it's hurting their startups.