UV50 Startups to Watch: No. 7 Pryrofex

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Founded 2016 City Provo Employees 35 Industry Software development/blockchain Website Pyrofex.net Founder Nash Foster, 42; Michael Stay, 44 The Company A blockchain and cryptocurrency software company building tools to improve distributed computing.

GREAT MINDS

Two former Google employees start a software company in Utah Valley? Now that’s fire. As a self-proclaimed “nerdy office,” Pryrofex believes in systems both in management and in software engineering, cryptocurrency and information security. They’ve grown from three employees to 35 and recently partnered on a project with a branch of Vulcan Capital, the investment company owned by Microsoft co-founder Paul Allen.

THE FUTURE IN MIND … GOALS

  1. “We don’t have goals. We have systems, and we focus on making the system work better each time we do it.”

MIND YOUR BUSINESS

Great Business Minds … “Are focused on problem-
solving and negotiation.”

Mind Over Matter  “Having big dreams is great, but if you focus on what you’re doing every single day, you can make progress.”

Weighing on Your Mind … “Payroll.”

Peace of Mind Comes From … “Revenue.”

Speak Your Mind … “I appreciate the honesty and straightforwardness of our business community.”

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