Yesterday we made final decisions for the next TechStars NYC class. It was absolutely gut wrenching. We had over 1700 applications, we narrowed it down to about 40ish, and then picked the final class from there. It took us FOREVER to decide this round – lots of debates back and forth between myself and Eugene. There were so many teams we fell in love with, there were so many projects we fell in love with, and I think today I just realized what my least favorite part of my job is. SAYING NO. I absolutely hate telling an entrepreneur no, I really want to help all of them.
I take these decisions very seriously – and for those that were not selected for this next class – know that I love what you’re doing, I think you have what it takes. I deeply and sincerely thank you for your time and energy. And my best outcome for you (other than landing in another TechStars program!) is that you kick total ass and prove my decision wrong.
While this should be a joyous day for me… looking forward to what the future holds… today I’m going to just be sad and disappointed for a while.