The Women of Boulder Startup Week – A Review

Editor’s Note – This is a guest post from Boulder resident and recent CU grad Joni Klippert, who managed to attend a number of Boulder Startup Week events and receive her MBA at the same time! She is a valued member of the Boulder community.

Boulder Startup Week boasted 55 events in 5 days including the always fun Boulder/Denver New Tech Meetup and an excellent Ignite! Amongst all of the amazing events offered, I made it a priority to attend the two ‘Women & Startup’ events. I recently graduated with an MBA from CU and over the past 18 months, I’ve had the opportunity to engage with a number of entrepreneurs in the tech space. I was thrilled that Boulder Startup Week offered the chance to hear from local women about their ventures and I noticed a number of things that made it clear that these ladies are building some pretty special companies…

1. It’s not just about the technology.
In a town flush with entrepreneurs, one will run across myriad types of companies and approaches to business. All are comprised of passionate founders who are extremely excited about the technology they’ve created. Some develop code and pre-alpha, are focused on valuation, funding and exit. They believe themselves to be on a GYM (Google, Yahoo, Microsoft) trajectory before they’ve quantified their addressable market or identified if anyone actually wants the technology on which they are investing copious amounts of time and resources.

Others are absolutely killing it… building the Boulder image of entrepreneurship and tech, and inspiring articles like that posted in the NYT earlier this week. They understand the importance of community, mentorship, and business fundamentals – using the town’s tight networks to fill their companies with brilliant people who are eager to produce.

I consider Ingrid Alongi and Tara Anderson of Quickleft and the ladies of TweetyGotBack representative of the latter. Whether their business grew out of a technical expertise or a hobby, they are focused on vetting their technology, understanding their markets and building sustainable companies. While certainly technically proficient, the women of these companies are also incredibly active in the Boulder community, accessible as mentors and taking advantage of the resources available to them in growing and building their companies. As well, they exhibit great focus on the people that comprise their companies. Ingrid demonstrated amazing dedication to her employees, glowing with pride while talking about acquisition of health insurance for each Quickleft employee. She takes responsibility for the livelihood of her employees and is resolute in creating a successful, sustainable business in support.

2. Tech Companies as ‘LifeStyle’ Businesses? Interesting.
Sitting in the two ‘Women & Startup’ events, I heard a lot of the same discussion and approaches to business as are common in most startups. Talk of ‘bootstrapping,’ importance of founder chemistry, contracting traps and thoughts on dealing with departed founders. They understand the capital markets (quoting from Brad Feld’s blog, referring to insight from their VC mentors), yet the vast majority of women that introduced their startups made it very clear that it isn’t about the ‘exit’ for their companies.

Several of these Boulder women entrepreneurs are building high-technology ‘lifestyle businesses.’ The aim is to do what you love, solve a pain-point and build a great company – not to just quickly scale and exit. The women representing these companies have shown their ability, and desire, to adapt and iterate. In this case, ‘lifestyle’ is not synonymous with less work… they absolutely devote their lives to growing their businesses into sustainable companies.

3. Information Sharing & Support
Though info sharing is certainly not unique to female startups in Boulder, the extent to which it is part of the culture is worth noting. The beauty of these ‘women & startup’ groups is that they keep entrepreneurs from operating in a vacuum. Bi-weekly events provide a forum for founders to ask for help and share resources. There is strong emphasis on supporting female entrepreneurs in the Boulder community, and a willingness to share tips on legal/contracts, great consultants and overall experiences.

In one session each woman discussed a success and failure that they’ve experienced. ‘Failures’ almost exclusively revolved around the theme of ‘giving away your power’ – and examples ranged from dispensing a significant portion of profits to a ‘marketing consultant’ that ultimately offered little help or expertise to giving away disproportionate amounts of equity when hiring for a particular skill set.

Overall, the discussion was about traps that an entrepreneur can fall into when they have invested time, heart and resources into a company – and when lacking confidence, the pressure of the success of the venture can end up leading to poor decisions. The take-away: Don’t give away your power, and know when to ask for help. Though seemingly at odds, they can be summed up to mean ‘know when to ask for help, but don’t give away the farm for it.’

I was thrilled that Boulder Startup Week provided the opportunity to get to know more women that are dedicated to making great things happen in the Boulder community. I am so excited to see what happens with their ventures, and looking forward to many more interesting conversations over morning coffee!

Make a Difference in the Future of Colorado’s Tech Scene at the Girls in Tech 303 Saturday Summit

Girls in Tech 303 has been busy organizing our first event: the first annual Girls in Tech 303 Saturday Summit on June 12, 2010.

The goal of this event is to gather upper middle and high school girls together for a half day of projects and workshops that both celebrate and nurture the next generation of girls who will be contributing to Colorado’s tech community.

We are currently looking for community leaders in the tech scene (male or female – we love you guys!) to donate time to run a workshop, facilitate a discussion, or lead a project for this event.  We are also seeking someone to give an informal keynote.

If you are interested in becoming part of this exciting event in any capacity, please email your contact info to girlsintech303@gmail.com Be sure to include your level of interest / desired topic for workshop, discussion, or project.  Keep it fun, keep it techie!

Planning: A Necessary Evil

With our fledgling GIT Chapter officially off the ground, our group has much work ahead. In the midst of running our businesses and working hard in our other endeavors, several of are moving full steam ahead to construct the future of the Denver/Boulder chapter. With the awesome talents of JamieJo Vittetoe and Mimi Meredith, we’ve given a “face” to the our chapter with a terrific logo and a great website. It’s a fine start.

So what’s next?
Defining, planning and setting goals: Like any organization in its infancy, we’re tasked with shaping the structure of our organization and deciding as a group how to best utilize the time and talents of many great people, then aligning that vision for the greatest impact on girls within earshot of our message.

And what’s that message?
The message is:  You can do amazing things in tech and we’re here to support you in reaching that goal.

That’s where YOU come in. We have much to do and we’re assembling a collective effort of people that “get” the vision of this group, but not only get it, but don’t mind getting their hands dirty. At this very moment, we’re forming the several committees that are needed to keep us on track and help us accomplish the great things ahead. We’re defining events that will support and educate. Will you be part of that effort? We hope so.

Our next Planning Meeting is March 31st and our host, Indra’s Net, has allowed us the use of their fine facilities: 2525 28th St Unit 136 in Boulder. Need more details? Email us!

Nevermind the Boys: Here are the Girls

Watch out, Colorado technophiles.  Girls in Tech 303 is on the scene, and we are ready to rock.  Girls in Tech 303 is a new local chapter of the national organization Girls in Tech, founded in Silicon Valley in 2007.   Read more about the corporate team here.   So here’s the deal:

The story of Girls in Tech 303 actually begins in my living room in Maine 6 months before I stepped off the plane at DIA. I was planning to move to a city with a thriving startup scene, but because I am a serious cyclist, the city had to have an active endurance sports community. All signs pointed to Denver or Boulder, so that was easy enough. I was excited – it was the beginning of a new chapter in my life, and I like beginnings – hence my startup fandom.

But when I started to research the Denver/Boulder tech community specifically, I realized that the men in the community were all over the web. They were being interviewed by vloggers, the national print media, and hell, even each other.  Where were the women, I wondered. Surely, they were there, and they were working alongside these guys. But they weren’t in the spotlight.

As a newly minted college graduate with a B.A. in Women’s Studies and an interest in online media, I’ve done my fair share of media content analysis. So when I see a proportional under-representation of women in news stories and features about the Colorado tech scene, I know that  there is a problem.

For example, check out this feature produced by Readwriteweb called, “Never Mind the Valley: Here’s Boulder” .  The clip is great – except for one thing:  Jolie O’Dell interviews 6 males in this clip as they show her around Boulder, CO.  (In a media content analysis, we would call this “6 male authorities” because they are the subjects – or spokespeople if you will)  These guys are awesome and they are our allies and friends. And then the Readwriteweb crew talks to wom . . . . oh wait, no, there are no women interviewed in this clip. At all.

So in November 2009, I decided that the women of the CO tech scene needed to become visible – and not at a local level – on a national level.  I knew that the only way to do this was to assemble a critical mass of smart and successful women and promote the hell out of what they were already doing.

So I founded Girls in Tech 303.  The formation of Girls in Tech 303 happened rather organically.   As a new Colorado resident, I can’t say that I imagined leading a critical mass of the most talented crew of women in the west. But I knew, even before I relocated, that a group like this was needed in Colorado. It officially happened at the Laughing Goat in Boulder at a table in the back over a soy latte with Chapter Adviser Deb Kolaras.  After a few weeks of planning, we met up at Techstars with 25 of the most powerful women (and two guys) in Denver/Boulder and discussed the needs of our community in an open forum.  Check out the recap on Boulder.me.

Keep an eye on us.  We are planning big things. We will be hosting tech events and panels, having mixers and community dinners, and mentoring young women who are interested in tech in area schools.  Eventually, I would like to hold an annual conference here and fund a major scholarship initiative.   If you are interested in sponsoring us, please email girlsintech303@gmail.com.

Please check out our sponsors and allies page (in the works) for more information about our friends.