It is a risk, but one we feel we can manage, and one that we think is worth pursuing given the benefits that can come with the flexibility for CLs to decide how best to reinvest the profits for their entrepreneurial communities.
- As we transition to this new Techstars Community model, we are putting controls in place to ensure that each organizing team fully embraces and embodies the Techstars values.
- Not only do we have a vetting process at the application level, we also will closely monitor each organiser's journey.
- We strongly stand by our values and the trust the global community puts in us and we will - and have - require bad actors to leave our community. By bringing together the right people who share our cause, we believe that any profit made at an event will be returned to the community and, under this model, in the way that best supports the community under these values. We also believe that the community will help us identify anyone behaving in a way that undermines these values.
(Please note that Techstars has a zero tolerance policy toward discrimination and abuse toward any member of our community. If you are ever in a vulnerable situation, please reach out to firstname.lastname@example.org