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Exclusive: Techstars' $80 million partnership with J.P. Morgan is on the rocks, employees say

During a Zoom meeting with her senior leaders last summer, Techstars CEO Maëlle Gavet sat at a table, an open notebook in front of her, a laptop to her side, her arms crossed. An attendee had just asked her about the progress of the organization’s $80 million Advancing Cities Fund, which was raised through J.P. Morgan’s Private Bank Platform. In the calm demeanor of someone trying to watch her words, she answered that Advancing Cities was not going well. Multiple incidents across multiple progra...

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