Real TechStars of New York

Did TechStars Startup CrowdTwist Just Get Sexy Enough for Bloomberg TV?

Too sexy?

OnSwipe’s Jason Baptiste better watch his back!

As the promo reel for TechStars new reality show make clear, Bloomberg producers are trying to frame one startup as a “winner” from the inaugural New York class for the live series finale in October based on whoever picks up the most funding. “One will score a $5 miiillion dollar check!” intones the announcer moments after we see Jason Baptiste cracking his neck in preparation for Demo Day. OnSwipe, of course, already scored a $5 million “Series Awesome” round in June.

But today’s announcement that CrowdTwist, a startup that uses game mechanics to encourage brand loyalty and rewards programs, picked up $6 million in funding from SoftBank Capital, Fairhaven Capital, and Bertelsmann Digital Media Investments (LiveNation, Sony Music, and Kelly Clarkson have used the service) may have just thrown production for a loop. Read More