Startup Incubator TechStars Invades New York City

When it comes to seed investing, New York City is becoming a hotbed. And now TechStars, the incubator that began in Boulder. Colorado and has spawned nearly 40 startups, is coming to New York . This will be the fourth (and supposedly last) city TechStars expands to, according to CEO David Cohen (the other two are Boston and Seattle ). TechStars is accepting applications for the New York City Class of 2011, which will start in January. TechStars provides a little bit of cash ($6,000 per founder for a three-month program) and a lot of mentorship. The list of New York City mentors includes Foursquare founders Dennis Crowley and Naveen Selvadurai, Tumblr founder David Karp, VC Fred Wilson, Hunch founder and seed investor Chris Dixon, angel investor Roger Ehrenberg, StockTwits CEO Howard Lindzon, Boxee CEO Avner Ronen, BuzzFeed president Jon Steinberg, and Hot Potato founder Justin Shaffer. Jeff Clavier and Dave McClure snuck in there as well, even though they live in California.