Ethan Austin is a two-time founder, Angel Investor and currently the Managing Director of the Western Union accelerator powered by TechStars.
Prior to joining TechStars, Ethan pioneered the medical crowdfunding space as a co-founder of GiveForward, the world's first medical crowdfunding platform. After going through the TechStars program himself in 2010, GiveForward raised $7 million in funding.
The GiveForward platform went on to help families raise 200 million for their loved ones' out-of-pocket medical expenses, and help change the way people care for each other during life's most difficult times. The company was acquired in 2017 and is now part of GoFundMe private acquisition.
Founders often want to know what investors want and how they determine which companies are viable to receive funding. With investors choosing less than 3% of the thousands of pitches they receive yearly, getting a yes is increasingly more difficult. Nonetheless, this week’s guest, Ethan Austin says for you to stand a chance you have to have a blend of the right idea and the perfect team.
And if you don’t get the yes, what next? On this episode of What’s Your Ask, you’ll hear from Ethan Austin, the Managing Director of the Western Union Accelerator Powered by TechStars about how you can get better at asking. He also talks about the things you should never do when asking, and how he makes his decision to say yes to an ask.
If you are a payment or fintech startup, applications for the Western Union Accelerator, Powered by Techstars are now open until April 5. Click on the link below to learn more and apply.
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