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SpotXChange founders win Entrepreneur of the Year award

11:14 AM, Jun 21, 2013   |    comments
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KUSA - Colorado businessmen Mike Shehan and Steve Swoboda were honored Thursday night with the Earnst and Young 2013 Entrepreneur of the Year Award for their company SpotXChange.

SpotXChange auctions online video ads - and currently conducts more than 400 million auctions a day in about 50 countries.

"It's a really fast-growing industry," Shehan said. "It's supposed to go from three billion this year to about nine billion in the next few years in terms of the size of the market. And that's just in the U.S. That doesn't count mobile, tablets, connective TV...there's just a ton of opportunity."

Shehan said the company also prides itself on taking care of its employees - mainly, by giving unlimited paid time off.

"Everybody's rowing in the same direction, and those that don't won't last, so you can entrust them to say, 'hey, take the time off you need, you need a good work/life balance,'" Shehan said.

Shehan and Swoboda are set to get recognized again one of Colorado's Companies to Watch.

(KUSA-TV © 2013 Multimedia Holdings Corporation)

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