Rapid Response: Don’t be a unicorn, be a dragon, w/Techstars CEO Maëlle Gavet
Nov 17, 2022
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Maëlle Gavet, CEO of Techstars and a seasoned expert in early-stage investment, discusses the shift from chasing unicorn valuations to fostering resilient businesses, or 'dragons.' She emphasizes the importance of sustainable growth and mentorship in the entrepreneurial journey. Gavet shares insights on navigating pre-seed investments, balancing cost management with growth, and the unique challenges entrepreneurs face in times of crisis. Her perspective combines practical advice with a call for inclusivity in the startup landscape.
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.