KUSA - For Tech Tuesday this week we have one great company with a football great tie-in, and one great company to be?
For our Crushing It company this week we have to give it to TeamSnap. This is a great company formed with the idea of making it a snap to manage any kind of team activity.
With one cool app you can manage practice times and locations, who is bringing snacks, payments for uniforms, everything. The TeamSnap team stayed super focussed on making it fantastic for the user, so they grew to more than 2 million users in 200 different countries.
As a company they did well, taking a modest amount of investment, before this year it was well below $2 million.
There's also a bit of a David vs. Goliath story here. There was another company doing a similar thing, but that company raised more than $15 million, and had lots of big names associated with it. Everyone thought for sure they would "win." They even had involvement of a name well known locally, Peyton Manning. Even with him and a bunch of other celebrities, the company struggled.
Well, the scrappy little Boulder company created a product that people really wanted to use and the end result is that TeamSnap recently purchased what was left of the bigger company.
To use a sports analogy, that's why they play the game. TeamSnap won, and they just got some new funding and is in a great position moving forward.
And for our "early but interesting" story, we want to focus on a company that may not even exist yet! How is that?
This weekend is Hack For Colorado, a new local event that will throw designers and developers together in a room for one weekend. Mix in a bunch of energy drinks and cold pizza and by Sunday afternoon there will be some small but innovative new ideas presented.
You might thing nothing worthwhile could come from such a short event, but there have been some amazing success stories. Even if no company at this event gets acquired for millions, there are some real cash and other prizes that will be awarded on Sunday when the event wraps up. We'll keep an eye on this, and possibly report back in future installments of Tech Tuesday about companies of tomorrow that are born right here in Denver this weekend.
These profiles were written by BlogMutt, a blog writing service. Scott Yates, founder of BlogMutt, picks the companies to be profiled. To suggest hot, tech startups for him to feature in future installments, contact him via his blog: Scott, or better yet go and pitch to one of the startup events in Denver or Boulder.
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