Dreamit Austin

TechStars launches in Austin and applications are open now

Well here we are the week after with more incredibly exciting news. Yesterday, TechStars launched in Austin. They are the leading brand and one of the most recognized accelerators for the brightest technology entrepreneurs. This is a big shot in the arm for the Austin technology market - nearly every tech-centric U.S. city aspires to have TechStars in their community. Their Austin program, which starts in August, will add approximately 10 talented teams annually to our already vibrant tech scene. At Austin Ventures, we have gotten to know the TechStars organization over the years and we are very fortunate to have Jason Seats, a former successful entrepreneur, move to Austin and run the program. Mike Dodd from Austin Ventures especially deserves a lot of credit here. TechStars Austin will be a great compliment to the other flourishing Austin based accelerators, including Capital Factory, where TechStars Austin will actually be located in an alliance between the two. Great companies like SendGrid and Cloudability were propped up by TechStars.

The Director's cut of "Does Austin’s ‘entrepreneurial energy’ need more direction?"

Lori Hawkins, the business reporter for the Austin American-Statesman, interviewed me last week for an article that ran in the Sunday newspaper. I spent a lot of time with her on this - she is typically very diligent, and that is something that I've appreciated as an entrepreneur and now entrepreneurial catalyst and investor in Austin. She probably spent four hours with me on the article she wrote about my school-of-hard-knocks journey at Coremetrics to get it right.

This interview was full of advice for entrepreneurs and got a lot of attention. However, it had to fit the space constraints of the newspaper and came in around 1,000 words. So here's what you missed - a Director's cut, or a b-side if you choose. I've pasted the article in full below with quotes and filled in the additional content, which is not marked by quotes.