Made in Canada: Q&A with Techstars’ co-founder David Brown
David Brown is a serial entrepreneur and the co-founder of widely regarded Techstars accelerator.
Techstars was founded in 2006 in Boulder, Colo. It operates accelerators in major cities worldwide, and last March announced it was opening an accelerator in Toronto, impressed with the ecosystem it sees developing in the Toronto-Waterloo Corridor.
Brown, a Canadian and graduate of McGill University in Montreal, is co-CEO of Techstars and now lives in Boulder.
He spent Wednesday at Communitech, his first visit, and also served as one of four judges during the Rev Demo Day pitch competition, which capped off Day 1 of Tech Leadership Conference 2017.
Startups that gain membership in the Techstars three-month program receive US$20,000, a US$100,000 convertible note and other benefits in exchange for a six per cent equity stake.
Brown spent a few minutes with Communitech News at the conclusion of Wednesday’s pitch competition and talked about the state of tech and entrepreneurship in Canada.
Q – You’re Canadian. It must be nice to be on home soil …
A – It is. [Canada has] been the bane of my existence. Techstars had no real presence in Canada in terms of accelerators until recently. We’re going to have a program in Toronto next year. Being