10 startup ideas from the TechStars competition (300 applicants) were selected this week. The selected startups will move to Boulder Colorado for a 3 month, mentor backed, startup kickstart. TechStars provides seed capital, experts, infrastructure, and access for a 5% equity position. Is all of that worth 5%? Does an environment like this increase the chances of startup success? Is it limiting in any way?
Ycombinator, similar business model, made it work for Reddit. — Cale