Bob Saffian talks with El Gave, CEO of Techstars about the state of tech and unicorns. He says it's better for entrepreneurs to focus on dragons rather than unicorn valuations. The company invests extremely early in companies before they are valued at a billion dollars or more. "We invest across all countries and all type of industries," he says.
The tech industry and its investors have been captivated by the spell of the Unicorn for too long — and the ambitious goal of a billion-dollar valuation has done more harm than good. Instead, founders should aim to be resilient dragons. That's the view of Maëlle Gavet, who as CEO of early-stage investment business Techstars has unmatched insight into the hopes, dreams, and challenges of thousands of founders. Maëlle also shares her experience as a “Fixer and Scaler” and offers important lessons for all entrepreneurs, from pre-seed start-ups to corporate change agents.
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