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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…

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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.

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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?

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“Take a hike” just got a whole new meaning #TEDTalks

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Bloomberg Technology

Anthropic Gets A Warning, SpaceX Shares Fall on Fourth Day | Bloomberg Tech 6/17/2026

Bloomberg’s Ed Ludlow discusses US Commerce Secretary’s warning to Anthropic that it needs government permission to grant foreign nationals access to the company’s most advanced AI models. Plus, after three days of soaring, SpaceX shares come back down to Earth and drop for the first time on the company’s fourth trading day. And, Bloomberg reports…

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Bloomberg’s Ed Ludlow discusses US Commerce Secretary’s warning to Anthropic that it needs government permission to grant foreign nationals access to the company’s most advanced AI models. Plus, after three days of soaring, SpaceX shares come back down to Earth and drop for the first time on the company’s fourth trading day. And, Bloomberg reports Apple’s upcoming camera-equipped AirPods will launch in late 2027 as part of a flurry of new releases.

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00:00:00 – Bloomberg Tech Begins
00:01:43 – Mike Shepard, Bloomberg News
00:04:22 – Kailey Leinz, Bloomberg News
00:07:21 – Uday Cheruvu, Harding Loevner
00:13:22 – Antonio Neri, HPE President & CEO
00:20:06 – Carmen Reinicke, Bloomberg News
00:23:59 – Michael Regan, Bloomberg News
00:26:38 – Mark Gurman, Bloomberg News
00:32:29 – Dan Roelker, Observable Space CEO
00:38:57 – Mackenzie Lystrup, Peridot Services
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Orbital Data Centers Face Real Challenges, Says Peridot

Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA’s primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA’s primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on “Bloomberg Tech.”
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