The Low Down on Mile High Disruption at Denver Startup Week

September 19, 2014

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We’ve been growing our presence in the fine state of Colorado for over a year now and, with that, came the recent move to Denver. With job demand at an all time high and technology wages in the city rising at some of the fastest rates in the country—Barokas is deep in the trenches of Denver’s rapid tech growth.

 “There’s a lot of rainbows and unicorns bullshit that goes on, and I think we have to temper that with some reality. Most entrepreneurs will fail.”

 While 500 Startups founder, Dave McClure, kicked off the week with the above uplifting reality check concerning the business of startups, the numbers seemed a bit more promising.  According to the Downtown Denver Partnership, there are 373 startups with 3,108 employees in Denver. In 2013, 80 new startups were born, and Denver companies raised almost $200 million in the second quarter of 2014. Startups make up 7.5 percent of businesses in Denver.

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We were honored to host a client panel discussion on “Sifting Through The BS: Advice That Really Matters When You’re In The Trenches Of Building A Business.” On Monday, PivotDesk CEO, David Mandell, Simple Energy CEO, Yoav Lurie, and Rapt Media CEO Erika Trautman, all spoke candidly about the difficulties they’ve faced starting a business and how they have all managed to be successful—against the odds. Responding to questions that ranged from how to quell your spouses fears that failure is imminent to how to seek funding and from whom, it was an office hours advisory session that left a packed house in awe of the honesty and real advice they were able to take away with them. 

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A myriad of discussions this week further inspired the entire city and left us even more proud of what we’re all building here, and readied everyone to continue innovating.

Denver Startup Week has come to an end, after its most successful year yet, however we’ll be here next year and we hope you will too. As Erika Trautman noted about selling her house to start her business, “I was all in. There was no question about whether we’d succeed, because we had to.” Denver is all in too, together.

 Rachel 

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