Source: TechCrunch
Summary
Techstars has selected six startups for its accelerator program, out of over 2,000 applicants. The chosen startups will receive funding ranging from $500,000 to $2 million each.
Our Reading
The announcement sounds ambitious.
Six startups are getting a significant funding boost, because that’s exactly what they needed – more money. The startups were chosen from a pool of over 2,000 applicants, because who doesn’t love a good competition. The funding amounts range from $500,000 to $2 million, because that’s a totally normal and not-at-all-arbitrary range. This is basically just a repeat of every other startup accelerator program ever. “Because what the world really needed was another startup accelerator program.”
Author: Evan Null
