May 2023

This Austin accelerator made big claims; employees and customers say it didn’t deliver

May 19, 2023

Newchip, an online accelerator promising to help startups, has filed for bankruptcy and is now facing insolvency amid employee and client discontent. Dozens of employees of the troubled organization staged a walkout on May 4, demanding that founder Andrew Ryan step down as CEO. Ryan — who previously went by the name of Ryan Rafols […]

This Austin accelerator made big claims; employees and customers say it didn’t deliver by Christine Hall originally published on TechCrunch