Tech

Behind Closed Doors Of Ultra-Exclusive Startup Accelerator, Techstars NYC

Read in app
techstars david tisch

Techstars NYC is a three-month startup accelerator. It pairs all-star mentors like Union Square Ventures' Fred Wilson and Foursquare's Dennis Crowley, with the coolest young tech founders.

The program is exceptionally hard to get into. There were more than 1,000 applicants for 12 spots in the summer session of Techstars. That acceptance rate makes the program more exclusive than any Ivy League school.

Managing Director David Tisch tells us at least seven of the companies are receiving serious investor interest, and all of them are going to kill it on stage next month.  None of the companies have pivoted.

We took a tour of their Union Square office, led by Tisch.

Techstars NYC shares a building with a lot of yoga studios. The elevators always smell because of Bikram (hot) yoga classes on the 6th floor.

Techstars office

But once you get up to Techstars' office on the 8th floor, it's quite lovely.

Techstars office

Techstars shares an office with Pivotal Labs, which develops software for web companies.

Techstars office

This half is Techstars. There are 12 startups getting ready to launch in September. They beat out 1,000 applicants to get into the accelerator.

Techstars office

Our tour started in the kitchen, where the SideTour team congregated over lunch.

Techstars office

These here are nerd clocks. Can you tell what time it is?

Techstars office

Mo SantRam is a freelance designer for Techstars. He was sitting alone, waiting for one of the startups to call on him for help.

Techstars office

Meanwhile, Pivotal Labs employees took on startup Dispatch.io on the ping pong tables.

Techstars office

Techstars Managing Director David Tish is hard at work in his office.

Techstars office

He has an odd amount of toys to play with. One of the Techstars companies made him that "Urban Angel" trinket on the far right. Can't you see the resemblance?

Techstars office

Tisch has made angel investments in 42 startups. One of them is GroupMe. Here's a rug GroupMe made him with its logo.

Techstars office

David Cohen is the founder of Techstars. He let us bombard his office to take a picture.

Techstars office

In case any of the startups forget, there's exactly this much time until Demo Day in October. Gulp.

Techstars office

Here's a conference room the Tech Stars can utilize.

Techstars office

Founders can also steal away into these phone booths to place private calls.

Techstars office

Founders spend a lot of long nights in the Techstars office. There's a shower and lockers for them when they pull all-nighters.

Techstars office

There are at least four coffee machines in the Techstars kitchen. Coursekit's Joe Cohen is struggling to make an espresso.

Techstars office

There's a towel and bike rack in the back room founders can utilize too.

Techstars office

Techstars is starring in a Bloomberg reality show this fall. While they were filming, Bloomberg's staff took over this tiny room to edit footage and conduct interviews.

Techstars office

The Piictu team is hard at work. Cofounder Noah Slimak seems to be worried about something. Maybe it has something to do with the round we've heard they raised.

Techstars office

Urtak cofounder Marc Lizoain is hard at work on a question-based solution for commenting boards on websites.

Techstars office

Zferral's Nick Schwab looks cheery and hyped up on Redbull.

Techstars office

Hey look, there's a girl in Techstars! The lone female is Lauren McDevitt of fashion startup Wantworthy.

Techstars office

The TimeStream team is collaborating.

Techstars office

Most of the Techstars founders are Mac people.

Techstars office

Contently's Dave Goldberg and Joe Coleman are huddled around a computer.

Techstars office

Order.in's Felix Sheng is busy Turntablling it up. Caught ya!

Techstars office

This is Ordr.in's other founder, David Bloom. Before Techstars he was working out of startup incubator DogPatch Labs.

Techstars office

The Dispatch.io team is back from their game of ping pong.

Techstars office

Dispatch.io cofounder Jesse Lamb's friend made stickers of him that have been passed around Techstars by popular demand. The resemblance is uncanny.

Techstars office

Dan Getelman and Hunter Horsley and cofounders of Coursekit. They raised $1 million then dropped out of UPenn for their startup.

Techstars office

Piictu founders proudly rep their own t-shirts, and show off their Techstars pride. After all, TechStars is more difficult to get into than Harvard or Yale.

Techstars office

Now get to know each of the founders and their startups:

Coursekit
Jim Grandpe (far left), Joseph Cohen (center) and Dan Getelman (right)

Read next

Alyson is the Editor-in-Chief and CCO at Fortune.  She was previously a co Editor-in-Chief overseeing Business Insider's tech and business coverage.She joined Business Insider in July 2008 as the company's sixth employee. She started as a sales planner before joining the editorial team in 2010, where she became a startup reporter and was first to cover some of today's largest tech companies, including Pinterest, Tinder, Instagram, Uber and Snap. Alyson rose to become a senior correspondent, then Executive Editor.She was appointed Editor-in-Chief of Business Insider in 2016, at which point she became the youngest and only woman to run a global business publication. Under her leadership, the business division has grown to hundreds of  millions of monthly readers.Alyson was a host of  Insider's conferences and launched a podcast, "Success! How I Did It," where she interviewed influencers ranging from Sheryl Sandberg to Steve Ballmer about their career paths (subscribe on iTunes here).She has appeared on ABC, Good Morning America, Al Jazeera, MSNBC, CNBC, CNN, and CBC, and she has interviewed media personalities such as Megyn Kelly, technology leaders like Fred Wilson, political leaders like John Brennan, and sports star LeBron James. She is a judge for the prestigious Gerald Loeb Awards in business journalism, and has been named one of Min's Rising Stars in Media, as well as Folio's 2017 Top Women in Media.She graduated from Syracuse University's Newhouse School of Public Communications, where she majored in psychology and advertising.You can read some of her investigative articles here:Leaked videos reveal the true founding story of SnapchatThe founder who dumped Jared Kushner: Inside the phone call that left the White House star in a fit of rageThe downfall of billion-dollar startup, FabHow a startup that raised the largest seed round in Silicon Valley history blew itself up before it even launchedThe dark side of Facebook, where people lie, cheat, and make millionsA profile of Uber's controversial CEO, Travis KalanickThe mystery of Jody Sherman, a founder who was driven to suicide and left behind a shocking business disasterDisclosure: Alyson owns bitcoin and Snap. She is also an investor in The Spun, a sports-media startup founded by her husband.