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Another $100,000 For Every TechStars Company

Feld Thoughts

Today, TechStars announced that they’ve raised $24 million from a broad syndicate of investors to fund an additional $100,000 for every TechStars company going forward. One of the principles of TechStars has been to be as inclusive as possible for the VC and angel investors in the communities in which we run programs.

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How to Fund a Startup

www.paulgraham.com

If your friends or family happen to be rich, the line blurs betweenthem and angel investors. At Viaweb we got our first $10,000 ofseed money from our friend Julian, but he was sufficiently richthat its hard to say whether he should be classified as a friendor angel. Angel Investors Angels are individual rich people.