Everything from 2 people working on an idea who haven't yet quit their day job all the way up to say ~1 million in revenue or ~1 million in funding.
That upper end is a bit of an outlier, but it happens enough that it's not entirely rare. The median company probably has some type of prototype and is pre-revenue.
Relocation is not a must. The program does take place in Texas and in order to get maximum value, it's worth trying to figure out how to be here for the full 3 months, but there is no firm requirement and we have had success with a 'commuter' team that would come for a few weeks at a time alternating. Best case scenario, you move here for 13 weeks. One of our prior founder's wife back home called us 'internet camp'. I like to think of it more as a monastic retreat for startups ;)
Care package of candy. This was just after the first month and very much appreciated. :)
It was an incredible experience - all of the founders became really close friends over the course of the program. It's probably because the class was so technical that we bonded as closely as we did.
TechStars definitely helped moved our company forward, and I my network of friends, mentors and confidants grew probably 10x. It's definitely worth it.
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This looks really, really interesting. What kind of stage of companies are you aiming for? Is relocation a must?
Everything from 2 people working on an idea who haven't yet quit their day job all the way up to say ~1 million in revenue or ~1 million in funding.
That upper end is a bit of an outlier, but it happens enough that it's not entirely rare. The median company probably has some type of prototype and is pre-revenue.
Relocation is not a must. The program does take place in Texas and in order to get maximum value, it's worth trying to figure out how to be here for the full 3 months, but there is no firm requirement and we have had success with a 'commuter' team that would come for a few weeks at a time alternating. Best case scenario, you move here for 13 weeks. One of our prior founder's wife back home called us 'internet camp'. I like to think of it more as a monastic retreat for startups ;)
Great, thanks a lot, following up via email.
Also, true story re internet camp: http://i.imgur.com/bjKtu.jpg
Hey, that's my desk! And my wife's handwriting :)
Hahaha. What did the friends get?
Asking my wife what I do is still a source of amusement.
Care package of candy. This was just after the first month and very much appreciated. :)
It was an incredible experience - all of the founders became really close friends over the course of the program. It's probably because the class was so technical that we bonded as closely as we did.
TechStars definitely helped moved our company forward, and I my network of friends, mentors and confidants grew probably 10x. It's definitely worth it.