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TechStars is a mentorship-driven seed-stage investment program for Internet startups. Once a year, we fund about 10 companies with a small amount of capital and we surround those companies with about 50 of the best and brightest web entrepreneurs and investors in the world. Our goal is to take companies from concept stage and get them ready for seed funding. So far, about 70% of the companies that have been through the program have subsequently raised angel or venture capital, and 6 of the first 20 companies that went through the program have already been acquired.
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