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Techstars, under the leadership of CEO Mäelle Gavet, has been experiencing significant internal turmoil, described as a 'cold war'. Gavet's management style, characterized as autocratic and punishing, has led to numerous firings and a reshaping of the company's culture. This period of upheaval has also seen the departure of senior executives and corporate sponsors, contributing to a reported $7.2 million operational loss last year. The details of these internal conflicts and changes have been extensively covered by Dominic Madori of TechCrunch, who consulted 30 sources to provide a comprehensive view of the situation.
Sources describe Techstars under CEO Mäelle Gavet, facing departures of senior execs and corporate sponsors at times and, last year, a $7.2M loss on operations (@dominicmadori / TechCrunch) https://t.co/wCbx15D4gL 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/d7jT0TB6ls
New post from Hive Mind. Today, we zoom into the recent @Stripe announcement as they're set to once again support crypto payments, and give some context to the company's past relationship with crypto. https://t.co/IYi3U8hO0S
Mäelle Gavet, CEO at @Techstars is shaking things up in startup land, in a hell of a story from @DominicMadori. Bank implosions? Check. Firing galore? Yup. A 'cold war' with the big bosses? That too. Don't miss Dom's expose on @TechCrunch: https://t.co/S8lPdYPXMW #TechStars
