With the motto “the geeks shall inherit the earth”, TechStars is truly motivated to getting good ideas off the ground. TechStars is a seed fund similar to Y Combinator. It offers $5,000 per founder to companies that make its list for up to 3 founders. In return, TechStars takes %5 equity in the company. Company founders spend their whole summer in Boulder, Colorado working in a common space and collaborating when appropriate. TechStars mentors everyone accepted into their program with business and other advice. Many times over the summer guest entrepreneurs will speak to TechStars’ newest investees, and at the end of the summer every company will be given an opportunity to pitch themselves to angel investors and venture funds.There has been much more interest in smaller investments as of late. With the success of Y Combinator, many other firms such as Charles River Ventures have set up their own seed or small investment funds.