TechStars taps former NEA venture capitalist Eugene Chung to lead NYC program

Eugene Chung

New York entrepreneurs, here’s a name you’re going to want to remember. On Thursday, startup accelerator TechStars announced that it had tapped Eugene Chung, a former venture capitalist with New Enterprise Associates, to lead its New York City program. He will replace David Tisch, the former managing director who helped build the New York program and stepped down last August.

“We interviewed thirty-five highly qualified candidates for this position and Eugene received our only offer. We are ecstatic that he accepted,” TechStars founder and CEO David Cohen said in a blog post.

Chung is already familiar with the New York startup scene, having helped manage NEA investments in companies like Buzzfeed and Bedrocket. He’s also served as a TechStars NYC mentor, working with companies like Poptip, Condition One, Wander and Pickie.

Interestingly, he seems to have a pretty varied professional background. Before becoming a venture capitalist, he was at Pixar Animation Studios, where he worked on hits like The Incredibles and Up. He’s also an indie film director and worked in the rural Philippines with global micro finance accelerator. Earlier in his career, he was an energy investor at Warburg Pincus and an investment banker at Morgan Stanley.

Since November, Nicole Glaros, the longtime managing director of TechStars’ Boulder, has been serving as the interim leader and she will continue to serve as co-managing director and work with Chung in New York through the next class, Cohen said.

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