What TechStars’ Progress in Boston Really Means for Innovation

Gregory T. Huang

As I walked out of the latest TechStars Demo Day spectacle in Boston yesterday, I was struck by one question: what does it all mean?

Yes, 13 young startups made highly refined pitches to a theater full of angel investors, venture capitalists, and fellow entrepreneurs, to mark the end of the accelerator program. Yes, some of them were intriguing, but its hard to tell much about their real prospects from pitches like those. Judging from the breathless tweets and most of the media coverage around the eventnot to mention the congratulatory remarks emanating from the stageit would seem that a Boston tech renaissance is upon us.

I would say the true significance of the event is both more and less than that. This was the fourth startup class for TechStars Boston, and the... [via Xconomy]