Co-founder of SimpleGeo Matt Galligan as steps down; Will focus on assisting the TechStars and non-profit

MG Siegler wrote to TechCrunch since 2009. It covers web, mobile, social, big companies, small companies, in fact all. And Apple. A lot. Prior to TechCrunch he covered various technology beats for VentureBeat. Originally from Ohio, mg attended the University of Michigan. He had previously lived in Los Angeles, where he worked in Hollywood and in San Diego where ... ? Read More

In November last year, the location of the launch, SimpleGeo, former CEO of Digg's Jay Adelson has replaced co-founder Matt Galligan, Director-General. While Zach Galligan slid as Chief Strategy and became a public face of the company. Now he is leaving the company altogether.

You can read news on the SimpleGeo blog here, as well as Zach Galligan own thoughts here. But in fact it is something that has been in the works since Adelson took over these many months ago, Zach Galligan said. The company is now moving into the next phase of Zach Galligan believes that the time has come to step aside. He will continue to act as an adviser, but Sheldon Adelson and SimpleGeo co-founder Joe Stump will continue to steer the ship.

While Zach Galligan figures that he wants to do next, he's going to take an extended period of time. He dove right into SimpleGeo (then known as Crash Corp.) following the resignation of AOL in May 2009. He sold his first startup, Socialthing, AOL in August 2008.

But Zach Galligan did not fully away from the scene at the time of its launch. He'll be helping out of TechStars incubator, giving much needed voice and presence on the West Coast. Zach Galligan has long had ties with TechStars community as Socialthing first class in 2007.

In addition, he will soon be starting a non-profit foundation with Shervin Pishevar, longtime businessman and currently the Managing Director of Menlo Ventures. "1% of nothing", the Fund will request the founders to commit one percent stake in their company should be given to charity in the event of a liquidity event. Zach Galligan did it himself, giving a percentage of the sale of Socialthing Foundation in Boulder, Colorado.

SimpleGeo has raised about $ 10 million in funding so far. As they enter the next stage whispers have them there more.

SimpleGeo provides ready-to-use location infrastructure, which allows you to easily location-aware ad functionality for applications. The company was founded in 2009, Galligan as Matt and Joe Stump.

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TechStars is a seed fund. He offers $ 6000, the founder of the company that make your list for up to 3 founders. In turn, TechStars is 6% of the shares.

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