Do More Faster India
David Cohen and Brad Feld
David is Managing Partner of Techstars and Brad is Managing Partner of Foundry Group.
When we started Techstars in 2006 we were focused on helping entrepreneurs succeed in one location, Boulder, Colorado. Do More Faster was first published in 2011 and this newly revised edition will appear in 2019. Since our founding, Techstars has grown to become the worldwide network that helps entrepreneurs succeed. We scaled Startup Week, Startup Weekend, and Startup Accelerators that collectively have created tens of billions of dollars in value and tens of thousands of jobs. Startup Weekend takes place in 630 cities in 110 countries with over 70,000 attendees annually. Startup Week is provided in 147 cities in 16 countries with over 100,000 participants annually. And our three‐month Startup Accelerators operate in more than 30 cities in 15 countries and have helped more than 1,700 companies.
Meanwhile, India has witnessed a remarkable transformation of the entrepreneurial ecosystem in that same time frame. In 2005, PayTM started, followed by Flipkart and Inmobi in 2007. Quikr and Yourstory emerged in 2008, MobiKwik and Mydala in 2009, and Ola Cabs, Freshworks, and Snapdeal in 2010. Multiple other startups, like Big Basket and Delhivery, have followed and since 2005, 18 Indian startups reached valuations over $1 billion. Flipkart was purchased by Walmart for $16 billion in 2018, marking the first major exit of an Indian startup.
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