Intro to the Colorado Startup Scene 2015
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Transcript of Intro to the Colorado Startup Scene 2015
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www.builtincolorado.com for more startup resources
Intro to the Colorado Startup Scene
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Where Colorado fits in in terms of startup cities
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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
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view our 2015 Salary Guide here
Salary Ranges
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GrowthStage
Companies
CorporateDivisions
Built In Colorado demographics
Digital Agencies
Early StageStartups=
What is the community made of?
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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
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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
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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
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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
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Use our job board, filter, explore & meet
www.builtincolorado.com/jobs
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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
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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
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Accelerators and Incubators
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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
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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)
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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
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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)
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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