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We’ve just wrapped up our third year of doing TechStars and not only do we have some interesting companies coming out of Boulder, we also have a bunch coming out of our new Boston program as well. In all, we had 19 companies go through the program this summer. I expect at least 14 of the 2009 companies will eventually close their seed rounds, which is similar to the ratio we’ve seen in past years.
Last year we brought some of the companies with the most progress out to Silicon Valley and it was a big hit. So this year, we’re doing it again and we already have well over 100 investors registered to attend. We are taking about a dozen of this years brand new startups to Mountain View where we’ll be doing a demo day on September 30th. These are the companies who are currently raising money and that have substantial product and customer progress. We’ll also bring one or two companies from past years who are now raising follow on financing.
This isn’t your usual VC pitch event – these are fun eight minute pitches and attendees will get to see all the companies in the morning. We’ll wrap up with lunch and some networking.
If you are an accredited angel investor or VC, or if you know someone who might like to attend on the morning of September 30th, just drop me a note and I’ll be sure to get you an invitation to the event. I hope to see you there – it should be a fun day.