TechStars’ David Tisch: Most Accelerators Will Fail, So Choose Wisely
TechStars NYC managing director David Tisch has helped lead some of the most successful investments in the history of Silicon Alley startups. During his tenure, companies in the program have gone on to raise more than $50 million in follow-on capital. So it came as a shock when Tisch announced on Friday that he is stepping away from his day-to-day role at the popular accelerator.
Fast Company recently caught up with Tisch, and he spoke candidly about the downsides and dangers of the rapidly increasing number of accelerators and incubators popping up around the globe. This expanded interview is part of our Fast Talk series on accelerators in the September issue.