David Tisch, the well known New York City-based seed investor and advisor, is stepping down from his role as Managing Director of the TechStars startup accelerator. Tisch has been with TechStars since 2010, when he co-founded the program’s New York city location.
He announced the move in a post published this afternoon on his personal blog that read in part:
“…The time has come for me to move on to the next challenge and take a step back from my day-to-day role as Managing Director of the TechStars NYC program.
…So with a deep level of appreciation for the experience and sense of pride, I have chosen to take this less-active role to focus on starting and building new projects. I will continue to be actively involved in TechStars NYC, as a Co-Founder, investor, mentor, and participant in the company-selection process.”
Tisch did not provide details on what he’ll be doing next — he said more news about his next endeavor will be coming “shortly.”
Our own Jordan Crook sat down backstage with Tisch during TechCrunch Disrupt NYC earlier this summer. Watch the video embedded belwo to hear him dish on the NYC startup scene:
David is the Founder and Managing Partner of BoxGroup, a New York City boutique seed-stage capital firm. David is also the co-founder of TechStars NYC and previously served as Managing Director of the program. David was named to NYC Mayor Bloomberg’s Advisory Council on Technology and serves on the Investor Board of Venture for America. He is also a regular contributor to the Wall Street Journal ‘The Accelerators’ online blog. Prior to joining TechStars, David served as Executive Vice President...
TechStars is the #1 startup accelerator in the world. We’re very selective. Although thousands of companies apply each year, we only invest our money and time in about ten companies per program location. We have selection rates lower than the Ivy League, so you have to be among the best of the best to earn investment from TechStars. We offer five TechStars programs in top startup locations (Boston, Boulder, New York City, Seattle, & Cloud in San Antonio), on...