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by morgante
850 days ago
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At some point they simply stopped trying to compete with YC (probably because they can't). The terms are worse, the program is worse, and the only differentiation is not being in the Bay Area (which YC moved away from anyways). The end result is ~nobody would choose Techstars over YC. In a power law business, that's a death sentence. |
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Techstars didn't seem appealing not for the concept, but because it smelled funny. I think there is room for a robust global YC-style program. I see a lot more opportunities outside of SFO than inside, and especially in significantly different markets (and especially in ones with lower cost-of-labor).