At some point they simply stopped trying to compete with YC (probably because they can't). The terms are worse, the program is worse, and the only differentiation is not being in the Bay Area (which YC moved away from anyways).
The end result is ~nobody would choose Techstars over YC. In a power law business, that's a death sentence.
The end result is ~nobody would choose Techstars over YC. In a power law business, that's a death sentence.