Back to the launch pad: after a few dormant years, tech entrepreneurs are returning to the game.
ColoradoBiz › Vol. 34 Nbr. 10, October 2007
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Q4 TECH REPORT: STARTUP FEVER RETURNS TO COLORADO
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Back to the launch pad: after a few dormant years, tech entrepreneurs are returning to the game.
Having launched a successful Internet startup in Silicon Valley in the 1990s, serial entrepreneur Kimbal Musk says he needed some convincing before deciding to headquarter his latest Internet venture, Me.dium, in Boulder, the town he has called home for the last several years.
[ILLUSTRATION OMITTED] "I was very skeptical," says Musk, who took a break from technology to move to Boulder and open The Kitchen, a popular restaurant, in 2004. Musk was asked to head up Me.dium in 2005, and the company's early backers--which included Denver-based Appian Ventures and Boulder-based investor Brad Feld--believed Boulder would be an ideal location for the nascent maker of collaborative Web-browsing software. "But before I agreed," Musk says, "I met with 30 or 40 CEOs and entrepreneurs in town to get their honest opinion about what I was in for." Musk must have liked what he heard because Me.dium was moved from New York--where the company was founded by Robert Reich, David Mandell and Peter Newcomb--to ...See the full content of this document
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