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The Managing Director (MD) at Techstars Los Angeles is responsible for the success of the accelerator program, acting as a catalyst for the founders' success. This role involves coaching, connecting, and curating resources for founders, while also serving as a thought leader and brand ambassador in the external market. The MD will define the strategic direction of the program, make investment decisions, and support founders in overcoming challenges, ultimately driving the success of the accelerator and its participants.