As Techstars retools, some former staffers say it lost focus on what made it successful

Techstars, a pre-seed investor for early-stage entrepreneurs, is undergoing significant changes that have led to criticism from former staffers. They argue that the company has lost focus on what made it successful. Techstars recently moved its headquarters from Boulder to New York and closed the Boulder and Seattle accelerators. This decision was met with disapproval from a former Seattle staffer and others in the startup community. The company’s shift in strategy and operations comes at a time when it had accepted over 4,100 companies into its accelerator programs with a combined market capitalization of $106bn USD.

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