This article appears to be an interview with Maelle Gavet, the current CEO of Techstars, in which she addresses concerns about the company’s focus and direction following changes within the organization. Here are some key points from the interview:
- Techstars’ shift: Gavet acknowledges that Techstars is undergoing a transformation, with a renewed focus on creating value for its network and portfolio companies.
- LPs and shareholders: She emphasizes the importance of LPs (limited partners) like Foundry Group and Silicon Valley Bank, who are also shareholders. Their influence is significant, but not decisive in Gavet’s decision-making process.
- Curriculum and knowledge sharing: The CEO expresses her excitement about developing a new curriculum to enhance Techstars’ offerings and create a "masterclass for entrepreneurs" that makes the company’s accumulated knowledge accessible to all.
- Focus on underrepresented founders: Gavet highlights Techstars’ commitment to supporting underrepresented founders, particularly women, people of color, and those over 50 from regions like the Midwest.
- Expansion and investment: Despite scaling back some operations, Techstars continues to invest in various ecosystems and events, including those in Texas and Washington state.
Gavet’s statements aim to reassure stakeholders about Techstars’ direction and commitment to its core values, while also emphasizing the company’s adaptability and willingness to evolve.