Techstars Launches Equity Back Guarantee

In a highly unusual move for a startup accelerator, Boulder-based TechStars said Thursday that it is offering up a new "equity back guarantee", where it will let companies who have gone through the program get their equity back if those companies are not "delighted" after going through with the program. TechStars said the program came about as it has periodically encountered founders who have questioned the value of the program.