Bureau of Mines Building, Room 137
Laramie, WY 82071
Phone: (307) 766-2929
February 13, 2014 — A Laramie-based business that grew from an idea at the University of Wyoming into a thriving company that was eventually acquired by a Fortune 350 software giant will be the topic of discussion at e2e Laramie’s networking program next month.
Jerad Stack, former Firehole Technologies chief executive officer, presents “Firehole Composites -- A Wyoming Entrepreneurial Success Story,” Wednesday, March 12, from 5:30-7 p.m., at the Laramie Hilton Garden Inn. The discussion is part of the Wyoming Technology Business Center’s (WTBC) e2e networking program. Stack spoke at a meeting of e2e Casper’s chapter last June.
“We think there will be high interest among the entrepreneurial community to hear the story of how they grew that business and sold it, and how they continue to grow it,” says Jonathon Benson, CEO of the WTBC.
Firehole was one of four or five original WTBC clients. The business resided in the incubator building from 2006-2008.
Before Firehole’s acquisition in March 2013, Stack, of Casper, managed every aspect of the company, and formed and executed the company’s long-term strategies. He led the company from a small team of engineers to one that eventually was acquired by Autodesk Inc., a San Francisco-based company that focuses on 3-D design, engineering and entertainment software.
Located at 203 S. Second St. in Laramie, Firehole Composites develops innovative software tools designed to significantly improve structural design and analysis with composite materials, which are made from at least two different materials.
Firehole’s customers include manufacturers of golf clubs, hockey sticks, airplanes, racing yachts and championship Formula-1 vehicles. Firehole has provided Red Bull Racing Team with software that allows that company to explore how different and lighter materials will fare if used on a race car. Other signature clients include Bangor Hydro Electric Co., Boeing, NASA and Air Force Research Laboratories.
Stack’s title is now product manager for composite software for the Laramie office of Autodesk. He has come a long way from his college days when he was one of five graduate students who, in 2001, assisted Andrew Hansen, a UW professor of engineering, in establishing Firehole as a company.
An educational networking program with chapters in Laramie, Sheridan, Gillette and Casper, e2e is designed to improve the climate for the start-up and growth of entrepreneurial companies. Each e2e chapter meets bi-monthly for 45 minutes of networking, followed by a 45-minute program. The programs include successful entrepreneurs telling their stories, panel discussion on relevant topics and advice from experts in a specific business.
The WTBC, a not-for-profit business incubator that provides entrepreneurs with the expertise, networks and tools necessary for success, launched e2e as an educational networking program.
For more information on e2e, call the WTBC at (307) 766-6395.
Jerad Stack, former CEO of Firehole Technologies, presents “Firehole Composites -- A Wyoming Entrepreneurial Success Story,” Wednesday, March 12, 5:30-7 p.m., at the Laramie Hilton Garden Inn. The discussion is part of the Wyoming Technology Business Center’s (WTBC) e2e networking program.