Strong community and mentorship are the lifeblood of any successful entrepreneurial ecosystem, and it's exciting the Boulder is showing the world just what sort of impact these things can actually have.
For most people, their home is their most valuable asset. Yet most of us don't take care of it.
Because Techstars is an intensely productive three-month program in which product development and iteration are primary goals, we're constantly looking to streamline our program to help entrepreneurs avoid recurring obstacles.
If you look at the history of innovation, the innovations coming through the defence department have been some of the most important innovations ever. Little things like drones, sensors, and the Internet of Things are defence-type initiatives, but the big one is the Internet itself.
In the rare cases where I've had to cut a company loose, I just tell them why and wish them luck and hope they learn something from it. I don't spend more mental energy on it than I have to, and I try very hard not to hold a grudge or try to negatively affect them either. It's just done for me.
There is no doubt that Boulder was a supportive and open-door community well before TechStars ever existed. But one of the things that I'm most proud of is that TechStars has provided a real focal point for this sort of activity and has brought attention to just how impactful one community can be when it works together.