![Jason Mendelson, Ryan McIntyre and Brad Feld, from left, are three of the founders of the Foundry Group. Jason Mendelson, Ryan McIntyre and Brad Feld, from left, are three of the founders of the Foundry Group.](http://graphics8.nytimes.com/images/2010/05/14/business/14boulder_CA0/14boulder_CA0-articleLarge.jpg)
BOULDER, Colo. — Sixty engineers, entrepreneurs and financiers were
sipping yerba mate tea at a coffee shop down the street from a
bong-and-lingerie store on a recent sunny Tuesday in Boulder, and
discussing how Boulder — usually seen as an enclave of hippies, marijuana
dispensaries and rock climbers — has become a hotbed of capitalism.
Experienced tech entrepreneurs and investors sat alongside people who had just moved to Boulder hoping to start a company in this small city, which is breeding tech start-ups at an attention-grabbing rate. In the first three months of the year, 11 Colorado tech start-ups raised $57 million in venture capital, solidifying Boulder’s place among the country’s up-and-coming tech centers.
“In Silicon Valley, you’re a small fish in a huge pond, and it didn’t seem as collaborative and a lot more corporate,” said Chad McGimpsey, who moved to Boulder a month ago and is now a regular at the twice-a-month coffee club. “Here, you’re a big fish in a small pond. Plus, there are the mountains.”
To read the full, original article click on this link: Boulder, Colo., a Magnet for High-Tech Start-Ups - NYTimes.com
Author: CLAIRE CAIN MILLER
Photo: Kevin Moloney for The New York Times