Rebel Founders Wanted | Master Your Pitch – $220,000 Available

A note from Techstars Founder and CEO David Cohen

Today, Techstars is introducing an improved accelerator investment offer for companies accepted into our future accelerator programs. This improved offer of a $220,000* investment comes with all the benefits of our 3-month mentorship-driven accelerator program, valuable perks from our partners, and access to our world-class network of investors, partners, mentors, and alumni.

The $220,000 offer is made up of two components, including $200,000 through an uncapped MFN Safe and $20,000 through a Post-Money Convertible Equity Agreement (CEA). The total equity Techstars receives will be 5% of the company in common stock plus the future value of the $200,000 uncapped MFN Safe. For example, if your next round is valued at $20M pre-money, the $200,000 MFN Safe would then convert into 1% additional ownership at that time.