Techstars announced that Eugene Chung will head its NY program. Chung formerly worked at NEA’s Washington DC office. He has also backed NY companies, including BuzzFeed and Bedrocket. David Tisch, the current managing director, is leaving to focus on his own firm, Box Group. PandoDaily reported that Adam Rothenberg, Techstar’s second in command, will also depart to work with Tisch.
Chung previously worked as an investment banker with Morgan Stanley and in private equity at Warburg Pincus. Before joining NEA in 2011, he also worked in film production at Pixar.