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Congrats to Backupify! A Great Exit Story for the First Company I Ever Backed

This is going to be BIG.

I didn''t actually get to meet him in person until SXSW in 2007. I thank Rich and his team, as well as David Orfao from GC for their support of my good friend long after I left First Round. That was the year Twitter took off. I took this picture of Rob, Michael Galpert, and Danny Wen of Harvest. None of that will happen here.

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What went wrong at Techstars

Founders Coop

tl;dr + Techstars was once one of the world’s leading accelerator programs, but has steadily been eclipsed by Y combinator. In simple terms, the local LP community owned 70% of the fund economics, the Managing Director owned 20% and Techstars owned 10%; we also paid Techstars a $50K annual fee to support the program’s back-office operations.

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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

That is the reason I am so supportive of the Startup Visa movement that has been so successfully championed by Brad Feld, Dave McClure, Eric Ries, Shervin Pishevar and many others. In 2007 Salesforce.com wanted to buy Koral. My Dad was drafted into the Air Force and was given accelerated citizenship. He was fortunate.

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Accelerating Sustainable Food Business Solutions to Reshape Our Cities

Impact Hub

2007 marked an important milestone for the Earth’s cities. This year saw the launch of Feeding the City Accelerate in the UK, which aims to support more established small and medium-sized enterprises (SMEs) working in the realm of sustainable food to scale. It happened without us realizing at the time. Photo: Kina Mama.

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10 Zurich-area investors on Switzerland’s 2020 startup outlook

TechCrunch

Today, pitch competitions, incubators, accelerators, VCs and angel groups proliferate. The country’s Federal Commission for Technology and Innovation (KTI) supports CTI-Startup and CTI-Invest, providing startups with investment and support. Ten years ago startups were unusual. It grants up to CHF 130,000 per company.

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The UK Is a Fintech Regulatory Superpower

Andreessen Horowitz

In 2007, it became one of the first markets in the world to issue contactless (tap-to-pay) cards. (A UK regulatory bodies have advanced that vision through various initiatives—including advancing Open Banking, enacting trust-instilling consumer protections , and supporting emerging fintech companies at early stages.

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Sun King raises $260M to widen clean energy access in Africa, Asia

TechCrunch

The company was founded in 2007 by T. Shell-founded startup fund receives $13 million from Canadian DFI to accelerate clean energy access in Africa. Its current systems can power lights, mobile phones and small home appliances like TVs. Part of the funding will be used to expand the business’ presence.

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