Past President Joshua Bernheim introduced today’s guest speakerRyan Kuder. Ryan is a Managing Directorwith Techstars, a firm that specializes in assisting Technical Industry “start-ups”with becoming successful and prosperous companies.Ryan mentioned that there seems to only be a 10% “success”rate in the industry for tech start-ups. Mr. Kuder indicated that Techstarsoffers two approaches to assisting in the industry; 1)Incubators: That nurture an existing start-up from the beginning of the company life, and;2)Accelerators:That expedite the continualsuccess of a companyby funding and mentoring.
The Ecosystems are the “heart”of the Techstars;
President–Greg Morones; President Elect-Julie Bemis;Fundraising Chair-Mychal and Dave Jones; Public Relations Chair-Randy Echito; Foundation Chair–Lee Russell; Community Service Chair-Rob Taylor; PeaceChair –Michelle McGowanYouth Chair –Jim Czarnowski Program Chair –Knox Williams; Secretary-JulieBemis; Treasurer–Keith Brentlinger;Sergeant-at Arms–Joe SarneckyBell Notes4Ryan Kuder outlined that hisfirm has a “Give First”attitude with over 10.000 talented mentors spread amongst Techstar’s worldwide entrepreneurialnetwork. Additionally, the corporate model is to; “Do More Faster”, recognizing that time is the #1 enemy for making great lasting decisions.They have the funding resources for locating capital infusion, whether it be venture capital, lending institutions,or PPO resources.He described a locally established group called “The Tech Coast Angels”.Thanks to Josh for having Ryan Kuder enlighten our Club as to the “behind thescenes”of a firm with focus on start-ups in the “Technical Industry”. It was truly an amazing power point presentationand interestingfor everyone in attendance.