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Techstars Boosts Funding to Rival YC's Model

  • Techstars announces increased funding for startups to $220,000, aligning with Y Combinator's structure.
  • The new terms offer $20,000 for 5% equity and an additional $200,000 via an uncapped SAFE note.
  • The SAFE note includes a 'most favored nation' clause, impacting equity based on future valuations.
  • Y Combinator provides more funding but demands higher equity, making Techstars' terms appealing to some.
  • The decision between Techstars and YC depends on startups' specific capital and equity requirements.

Source: TechCrunch

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