The release below, compiled by myself, Geoff DiMasi, and Bart Mroz explains the steps that we’ve taken.
Recognizing that growth and change are a natural part of any organization and knowing how to react to those changes is one of the greatest challenges for a company of any size.
Indy Hall has grown and changed at a rapid pace in this past year and half. As the community has grown, the business and operations have morphed and changed along with it. This agility remains one of our key strengths.
One of the scenarios that we anticipated was a startup (or better, multiple startups) forming within the members of our community. A number of these opportunities have, in fact, materialized. One of them became known as Round3Media, formed by IndyHall board members Alex Hillman and Bart Mroz, along with Ken Rossi. It was initially created to help aid business process between some of the collaboration that was already happening with the members. As that business grew, focus shifted, and the overlapping founders of Round3Media and IndyHall sat down to discuss that growth.
The only way for both of these organizations to thrive is for each of their leaderships to stay focused. It is for that reason that Alex Hillman has stepped down as a partner of Round3Media, LLC. Similarly, Bart Mroz has stepped down as a board member of Independents Hall, LLC.
Respectively, Alex will remain a consultant to the Round3 team, and Bart will remain a full time member of IndyHall.
This decoupling of the businesses is for maintaining the the strength and focus of each organization, and for removing potential conflicts of interest as one business resides within the walls of the other.
We look forward to both of these operations growing and continuing to add to the success stories of the Philadelphia creative and startup community.
The teams of both organizations remain supportive of one another, and we all appreciate continuing support from the community.
