Connect with us

Science & Technology

Newchip, Techstars, and what happens when startup accelerators fail | TechCrunch Minute

What happens to the startups in an accelerator when it stops accelerating? TechCrunch has reported on two accelerators that have failed to live up to their promise due to leadership mishaps, financial mistakes, and internal drama. Newschip, the Austin-based accelerator filed for bankruptcy, leaving its cohort of startups vulnerable to the whims of the court…

Published

on

What happens to the startups in an accelerator when it stops accelerating? TechCrunch has reported on two accelerators that have failed to live up to their promise due to leadership mishaps, financial mistakes, and internal drama. Newschip, the Austin-based accelerator filed for bankruptcy, leaving its cohort of startups vulnerable to the whims of the court to decide who will sit on their cap table. And while Techstars is still running, leadership changes have created an internal nightmare. In both cases, the startups are the ones taking the ones left holding the bag.

Subscribe for more on YouTube:

Follow TechCrunch on Instagram:
TikTok:
X:
Facebook:

Read more:

Continue Reading
Advertisement
2 Comments

2 Comments

  1. @Car_Fanatic

    May 6, 2024 at 11:46 am

    Eh thats their fault for hosting companies they didnt vet properly. Too many accelartors and angel ivmestors are throwing money at bad companies just because they have buzz stuff like AI etc

  2. @cOexistRN

    May 6, 2024 at 10:02 pm

    I’m curious if the #nextrevolution in #interactiveentertainment should be a new #startup corporation or an old one?

Leave a Reply

Your email address will not be published. Required fields are marked *

CNET

Health Warning Labels on Social Apps?

Still in theoretical phases, but interesting to think about. #social #socialmedia #mentalhealth #health #internet #phones #legislation

Published

on

Still in theoretical phases, but interesting to think about. #social #socialmedia #mentalhealth #health #internet #phones #legislation

Continue Reading

Popular Science

Earth’s Gateway to Hell is Getting Bigger

Siberia’s Batagaika Crater is about 215 acres in area, and local residents refer to it as the ‘Gateway to Hell.’ It’s a retrogressive thaw slump so large it’s considered a ‘megaslump,’ and its size is increasing by the day. Full coverage on Popular Science: #sciencefacts #science #sciencefiction #scienceandtechnology #geology

Published

on

Siberia’s Batagaika Crater is about 215 acres in area, and local residents refer to it as the ‘Gateway to Hell.’ It’s a retrogressive thaw slump so large it’s considered a ‘megaslump,’ and its size is increasing by the day.

Full coverage on Popular Science:

#sciencefacts #science #sciencefiction #scienceandtechnology #geology

Continue Reading

CNET

Microsofts New Surface Pro 11 and Laptop 7 Are Here

We’ve been waiting to check out these two Microsoft Surface devices. Which one is your favorite? #surfacepro #microsoftsurface #laptops #tech #review #copilot #ai

Published

on

We’ve been waiting to check out these two Microsoft Surface devices. Which one is your favorite? #surfacepro #microsoftsurface #laptops #tech #review #copilot #ai

Continue Reading

Trending