Intro to the Colorado Startup Scene 2015
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Transcript of Intro to the Colorado Startup Scene 2015
www.builtincolorado.com for more startup resources
Intro to the Colorado Startup Scene
Where Colorado fits in in terms of startup cities
Some stats on the ecosystem
Funding was up 64% in 2014: $758M in funding, 140 Cos founded, 36 exitsTotal exist almost $11B
Funding was geographically split:
42.3% Boulder & 56% in Denver
Downtown Denver: Most companies have 26-50
employees,373 companies noted in 2014
view our 2015 Salary Guide here
Salary Ranges
GrowthStage
Companies
CorporateDivisions
Built In Colorado demographics
Digital Agencies
Early StageStartups=
What is the community made of?
What makes a strong startup ecosystem?
Basic characteristics No, it’s not a ping pong table1. Strong group of serial founders2. Local capital that reinvests3. Tons of events that span purpose &
interest4. Stellar universities/ education
nearby5. Educated, ambitious talent pool6. Access to knowledgeable mentors7. Successful companies that kick-off
the tech community8. Large scale tech cos nearby to
support sys9. Great environs10.Strong sense of community
eBags HOSTING Ping Identity- Acq
Healthgrades Trueffect GNIP- Acq by Twitter
HomeAdvisor ReadyTalk ViaWest – Acq $1.2B
LogRhythm PaySimple Zayo- IPO & acq Latisys
SendGrid iTriage Alchemy - acq by IBM
Return Path SpotXchange - acq MercuryPay - $1.65B
Datalogix - exit Welltok Rally Software - IPO & exit
Craftsy Solidfire Quark (notable exit)
Orbotix gogo IQNavigator (notable exit)
The big guys & exits/IPOs & success stories
Want more? Check out our data reports from the past 3 years
Signpost Pax8 MobileDay kindara
Zen Planner Swiftpage OrthoFi Choozle
Pivotal Tracker GoSpotCheck Placeable GutCheck
Ibotta* Roximity Convercent Simple Energy
Welltok Cloud Elements VictorOps Rapt Media
CommercialTribe RxRevu Alteryx Dev cos like startups:TapInfluence choozle Wowza Quick Left Pivotal Labs
ShipCompliant Kapost JumpCloud Slice of Lime Commerce Kitchen
Wayin MapQuest Pellucid SpireMedia
TrackVia GoSpotCheck* rentbits thoughtbot
Notable startups
Where do you fit in? Finding a new job
The definition of a startup is about as vague as defining art. Decide what fits your personality by exploring the ecosystem first. Here is how…
• DO YOUR RESEARCH• DEFINE WHAT LEVEL OF RESPONSIBILITIES/ MANAGEMENT STYLES YOU WANT• MEET PEOPLE WHO HAVE A SIMILAR POSITION• MEET PEOPLE WHO WORK FOR THE CO• ASK QUESTIONS.• READ.• ASK QUESTIONS.
Don’t forget:It’s relaxed, but still be professionalDon’t get in a position that doesn't suit youShow your knowledgeable about the company
APPLY
Use our job board, filter, explore & meet
www.builtincolorado.com/jobs
Funding: this ain’t no nonprofit
ANGELImpact Angel Group
VentureAccess Venture PartnersGalvanize VenturesFoundryBoulder VenturesGrotech VenturesHigh Country Ventures
Rockies Venture ClubColorado Venture Summit
READ: Colorado’s most active VCs and who they’re investing in
Events to get connectedREAD: 7 must-attend events ConferencesMonthly Built In BrewsPanels & SpeakersSocial NetworkingFocus meetupsPitch Events
Get connectedDon’t underestimate the importance of meeting people
Accelerators and Incubators
Startup WeeksFt. Collins Startup WeekColorado Springs Startup WeekBoulder Startup WeekDenver Startup Week - coming up at the end of September!
Company sponsored Hackfests:Quick Left, SendGrid
Statewide Startup WeekendsAspen, Denver, Boulder, Ft. Collins, etc.
Demo Days:Techstars, Galvanize, Boomtown, RefactorU
Uncover New Startups More resources
Finding foundersCoFounders Lab MeetupDenver Founders NetworkBoulder/Denver New TechBuilt In Colorado Member search
Niche resources:PriME Health CollaborativeBlackstone Entrep. NetworkColorado Impact FundGoogle EntrepreneursCommons on Champa
Niche events:IoT Hackathon, Boulder Marijuana Hackathon (last year first)Digital Health Summit GoCodeColorado
Staying updated on the news & happenings
o Sign up for the Built In Colorado newsletter o Xconomyo InnovatioNewso TechCocktail-o Techcrunch- nationalo Confluence Denver - localo Boulder Daily Camerao Setting Google Alerts on industries/startups youre followingo Denver Business Journal daily emailso Coworking sites/ incubator newsletterso Startup Digest (available in most startup communities)
Other reads to get in the groove
• Read: 9 must know coworking spaces to find your match
• Colorado’s most well-funded tech neighborhoods
• Colorado's top 50 startups to watch: Where are they now?
• 5 downtown Denver coffee shops perfect for entrepreneurs, freelancers, and remote workers
Stakeholders growing the startup community
Erik Mitisek (Chairman, Colorado Tech Assn.)Robert Reich (BDNewTech)David Cohen (Founder & CEO, Techstars)Jim Deters (Founder, Galvanize)Brad Feld (Managing Director, Foundry Group)JB Holston (Blackstone Entre. Network)
Brad Bernthal (Silicon Flatirons)Ben Dada (Galvanize)Chris Franks Ingrid Alongi (Founder, Quick Left)Bryan Leach (CEO, Ibotta)Nicole Glaros (Techstars)
What is next?
1.Sign up for Built In Colorado, subscribe to the weekly newsletter, and our jobs newsletters
2.Post a blog on your expertise & read about new companies to find your next venture
3.Connect with others & jumpstart your startup path4.Get involved! Attend community events
– - Attend our Built In Brews events
