A Quote by Jay Samit

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.
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.
Qualcomm has seen firsthand the transformative power of mobile technology as part of many projects created through its Wireless Reach initiative - programs around the world that help educators, health care workers, and entrepreneurs take advantage of mobile technology.
People look up to Techstars because they get funded by Techstars; they go through the accelerator. What we do impacts what they do. What we care about we hope has a meta impact on those entrepreneurs and how they think about the world.
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.
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.
There is a clear connection between developing the skills and talents of young people, and our economic success as a province. Initiatives like the Make Your Pitch competition and the Ontario Social Impact Voucher help us nurture the next generation of business leaders. We will continue creating an inviting environment for our next generation of entrepreneurs, ensuring they develop the right skills needed to succeed in a globally competitive economy and build the future of Ontario.
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.
Social incubators not only create economic impact but also have impact in other sectors, such as healthcare, education, and the environment. As the number of social incubation programs increase in the global incubation sector, there is a greater need to help programs improve and help others start.
In 2011, I started a nonprofit organization, Venture for America, to help bring talented young entrepreneurs to create thousands of jobs in Detroit, Cleveland, St. Louis, Birmingham, Baltimore and other cities around the country.
Inasmuch as there is a useful purpose to what we do as VCs, I tend to think it's our duty not only to mentor entrepreneurs and executive teams, but also to learn from them and the others involved. We can then pass on lessons to aid the startup ecosystem and help businesses succeed and grow their impact.
Because Techstars is an intensely productive three-month program in which product development and iteration are primary goals, we're constantly looking to streamline our program to help entrepreneurs avoid recurring obstacles.
Apparently, sir you Chinese are far ahead of us in every respect, except that you don’t have entrepreneurs. And our nation, though it has no drinking water, electricity, sewage system, public transportation, sense of hygiene, discipline, courtesy, or punctuality, ‘’does’’ have entrepreneurs. Thousands and thousands of them. Especially in the field of technology. And these entrepreneurs—"we" entrepreneurs—have set up all these outsourcing companies that virtually run America now.
The successful entrepreneurs on the free market will be the ones most adept at anticipating future business conditions. Yet, the forecasting can never be perfect, and entrepreneurs will continue to differ in the success of their judgments. If this were not so, no profits or losses would ever be made in business.
My best friend Jerry started a boat-washing business, and it was one of the most critical experiences of my life. I got to meet a lot of people who were entrepreneurs. My parents were schoolteachers, and I was now meeting people who owned companies. I realized that if this guy can do it, why can't I?
Every weekend I would take a train to Delhi and sneak into startup events. I really enjoyed meeting entrepreneurs who were solving big problems. They were way smarter than me. I knew this is where I had to be.
There is a lot more young Indian entrepreneurs can do if they are given the money. They have the idea, and I would just like to help them realise it.
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