The Real TechStars of New York

This Week In TechStars!: Mark Suster Gives Good Insult

suster

Entrepreneur-turned-investor Mark Suster has already dispensed email advice for “us sarcastic bastards who have slitting tongues,” but on this week’s episode of TechStars he gives David Tisch a run for his money on the real talk/insult-o-meter, to some amusing ends. (Check out our top five list after the end.)

In Episode Four, Mr. Tisch is trying to prepare the teams for Demo Day and “access to a room full of money,” in some cases by throwing ping pong balls or fake cash to see if he can distract them. He also encourages them to “try your best to get a third of what you’re looking for soft circled,” so they can present with some momentum. The VC weather report might be frothy, but not all the teams are finding it easy. Read More

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Kohort’s Plan to Beat Meetup? A Social Network for Groups

Gangs of NY

Here is the strange thing about Meetup.com. It’s terrific for organizing people to get together in the real world. But even though there are 28 adult soccer clubs on Meetup near the Betabeat office, each one sits in a separate silo and doesn’t connect to its peers. Trying to merge groups together is a nightmare on Meetup.

Kohort, the new startup from Mark Davis, just raised $3 million from folks like IA Ventures, RRE, FF Capital, David Tisch and David Cohen. It’s going to be offering a suite of tools to help groups do things like organize events, collect dues and enlist new members.

But the secret sauce, says one investor, is the way in which Kohort will help groups to interact with one another. “Meetup is essentially providing a platform for anyone to create a group, but its not tapping the network effect that comes from tying those organizations together.” Read More

TechStarsNY

How David Tisch Came to Run TechStarsNY

david tisch demo day

Yesterday New York expat Matt Mireles “speared a sacred cow,” in his words, by questioning the credentials of TechStars director David Tisch, whom he has never met. “Why is Techstars NYC run by a non-entrepreneur?,” he tweeted, with a link to Mr. Tisch’s TechStars profile, and tagged the tweet “#confused #BigCoSubsidiariesAreNotStartups.”

We have to admit, we were curious about Mr. Tisch’s credentials too. We didn’t know the story of how Mr. Tisch came to be director of TechStars NY. Turns out it’s a pretty interesting one. Read More

Tech Bubble Watch

Techstars NY Announces Inaugural Class

techstars logo_0

Techstars NY, which is more selective than the Ivy League, has chosen its first class of eleven startups.

For those who are keeping track, that means one more company slipped in than was originally planned.

It’s an interesting range of companies. Two companies have yet to write a single line of code, four have raised Read More