Friday, March 12, 2010
TechStars Opens Up, Publishes Results Of Investment Efforts
In an unusual move, Boulder-based business incubation and acceleration effort TechStars said this morning that it has released the full results of the group's investment efforts. The group outlined the number of full time employees of each of its companies, whether the companies are active, acquired, or failed, and the class year of each of the companies. Among other results, TechStars said about 69 percent of its companies have all gone on to raise additional, outside angel or venture funding program after joining the program. TechStar's Summer 2007 class, which had ten companies, was particularly notable, with five of the ten companies being acquired, and only two failed firms.