Today, we want to say “thank you” to Techstars.
Techstars has been an integral part of the GAN origin story and will always be a part of our history. In 2010, alongside the White House’s Startup America Initiative, Techstars launched GAN to align the accelerator industry around globally accepted best practices and create a standardized model for their success. Techstars founders Brad Feld and David Cohen convened the first group of top mentorship-driven, seed-stage accelerators from around the globe in 2011 and brought Pat Riley on as CEO to build and grow the GAN Community. GAN wouldn’t be where we are today nor have been able to impact startup communities, accelerators, and founders without their vision.
In 2014, GAN spun out from Techstars and became an independently operated organization. Since then, GAN has grown to be a highly curated community of over 130 accelerators, running programs in 170+ cities worldwide that have supported more than 10,000 startups, and it does the work alongside GAN’s Corporate Partner Network and Global Startup Studio Network (GSSN).
After six years of GAN and Techstars operating as independent entities with Techstars still maintaining their status as a member of the GAN Community, Techstars decided it was best to leave GAN this week due to perceived market confusion related to Techstars’ independent network and GAN’s global community of accelerators, studios, corporate partners, and investors. We are thankful to Techstars for its pioneering steps in the accelerator space. By starting GAN, Techstars sparked something truly powerful and provided a space for us to build community in a thoughtful way. We continue to be so proud of Techstars’ growth and are thankful for everything they do to support startups. We continue to be huge fans of their work and all they do.