Techstars Loses $7 Million in 2023, Maintains Healthy Cash Position

Alex Colville@AlexJColville

2 years ago

You might assume that with $3B fully committed @Altos_Labs wouldn't bother w/ fundraising? Incorrect. Someone got jealous of @sama’s $7T. SCOOP: have confirmed w/ a foreign investor that Altos had fundraising talks in 2023. Also learned tranche valuations and new investors(!) 🧵 https://t.co/WMrGhfAVTc https://t.co/6mm0AMc2M0

Emerging Ventures Capital@emerging_v_c

2 years ago

Leaked documents show Techstars lost $7 million in 2023 but still had plenty of cash | TechCrunch https://t.co/vPSJ8Tryb0

Leaked docs show that #Techstars had an awful 2023 in financials. And yet, it is NOT as bad as people said it was. Take a peek, scoop by @alex @DominicMadori https://t.co/PmM0f5SXwi