Press for GroupMe

GroupMe has one of those great founding stories, born out of a hackathon competition it didn’t even win. But the New York City start-up more than compensated for the loss, launching one of the top group messaging apps on four mobile platforms, lining up a who’s who list of investors and becoming one of the most recognizable names in a market that is getting more more crowded with heavyweights entrants such as Facebook, Google and Apple.

I have a bit of a crush on group-texting application GroupMe, which lets a bunch of phone owners jump into an ad-hoc chat room that’s powered by text messages. It’s simple, and best of all, it doesn’t use data.

Yes, it’s been a long time since we braved the curious smells of LikeALittle’s hacker hose. And while TechCrunch Disrupt may have kept you occupied for a week, that emptiness you’re feeling inside can only really be cured by one thing: a new episode of TC Cribs. Happy to oblige.

Jared Hecht and Steve Martocci, co-founders of GroupMe, talk about the company's group text messaging service. They speak with Margaret Brennan on Bloomberg Television's "InBusiness."