TechStars founder David Cohen posted an insightful blog post earlier this week that mentioned the impact second generation entrepreneurs are having on the current generation of first-time innovators. As Cohen points out, five companies from the 2007 Boulder TechStars class Brightkite, Filtrbox, Intense Debate, MadKast and SocialThing. As the entrepreneurs behind these companies continue on to found their second round of startups, they are simultaneously providing for the newer classes that come through the incubator.
"There's been a dramatic increase in angel investing activity in the communities we're in," writes Cohen. "We've also noticed that the past TechStars founders are incredibly giving of their time to other companies in their community. They've learned the amazing power of sustained mentorship, and they're giving it back every day. That's a powerful cycle."
To read the full, original article click on this link: How Second Generation Entrepreneurs Are Giving Back to the Startup Community
Author:Chris Cameron
