Dharmesh Shah certainly doesn’t want his people to leave HubSpot now that the Cambridge company has gone public (in lucrative fashion). But if HubSpotters do depart, hopefully it'll be to launch new companies locally, Shah told me this morning from the New York Stock Exchange.
At HubSpot, “we’ve wanted to not just build a great company, but also build some great entrepreneurs," the co-founder and CTO said.
A few startups with roots in the inbound marketing firm are in the works already. Among them are Grokky, which offers software for managers and was launched by early HubSpotters, while HubSpot alumni also hold key roles at local tech firms including Localytics, InsightSquared and Quantopian. Meanwhile, key HubSpot execs David Cancel and Elias Torres departed earlier this year to launch a yet-undisclosed startup.
Expect more of that to come.
“I think we’re a good example of a big tech company that started from the ground up in Boston, and hopefully that’ll seed into some others,” said COO JD Sherman.
As for HubSpot, Sherman said that “it really feels like this is the starting line rather than anything else. We’re in it to build a big company for Boston, and this [IPO] puts some points on the board for the area.”
Shah added: “Ever since the company started, we said that should we ever become successful, we’ll not do it quietly. We’ll make some noise, to drive some more visibility and awareness for Boston.”
See related: HubSpot Shares Open at $33, Well above IPO Price
Image courtesy of HubSpot
