Brad Feld

Month: March 2011

My friends at Orbotix are hiring. Following is the list of open positions. If you fit the description, like playing with robots, want free beer all day, and live in Boulder, email them a note with a resume.

– Game Designer: Are you passionate about gaming and have a deep understanding of game design and game mechanics? This isn’t a programming job but you will need to be able to create wireframes and rough graphics for games that bridge the gap between the virtual world on your phone with the physical gameplay aspects of Sphero.

– iPhone Game Developer: Build amazing and crazy iPhone games that integrate with the Sphero API.

– Android Game Developer: Same as the iPhone developer but on the Android side.

– Social Media & Marketing Manager: Do you love robots, toys, and games and can think of nothing better to do than talk to people about them – both in person and on Twitter, Facebook, and a blog? If yes, then this is you!

– PHP Developer Internship: This paid internship is for someone fluent in PHP development who can help manage the Orbotix web sites.

– Marketing Internship: This paid internship is for someone who will be working with our marketing manager to promote Sphero.

Orbotix has some exciting announcements happening in the next 30 days; if you’ve been waiting for the right time to join a hot startup in Boulder, now is the time. And, if you are at SXSW, go hunt down the Orbotix gang and participate in their “Where are my balls?” contest to win a free Sphero.


I’ve started a new category on my blog called “Best Practices.” These are going to be posts inspired by my experiences with various companies that I feel are above and beyond the normal activities you’d expect. The first one comes from Matt Blumberg, the CEO of Return Path. Earlier this week the board received an email from him that included the following:

“Although [our CFO] approves my expenses in our accounting system, inspired by Mark Hurd, I decided it would be a good idea to add a level of transparency to you in terms of my expenses.

To that end, I’m doing two things:

  • I’ve asked our auditors to include some analysis/testing of my expenses in this year’s audit
  • Attached, please find a spreadsheet which details all expenses, with a summary tab that has the overall picture and a few explanatory notes

Trash or treasure, as they say, but please feel free to ask any questions or poke any holes you’d like.  I can assure you that I’m pretty disciplined about expenses (both in terms of not being profligate and in terms of not abusing company money for personal use), but I did think it would be good housekeeping for you to have visibility.”

To a person, we responded that while unnecessary, this was a nice gesture of transparency. The spreadsheet that Matt sent around had every expense item he was reimbursed for in the year. The summary was helpful for putting it all in perspective, but I could look and see where (and with whom) Matt ate dinner, which hotels he stayed in, how much he paid for plane flights, and what he charged to the company as miscellaneous expenses.

I thought about it more and decided it was an awesome display of trust. I have immense respect for Matt, his leadership, and his management skills. But more than that, I’d go to the ends of the earth to do anything for him. Unilateral, unexpected gestures like this one just reinforces that for me. So, more than just transparency, this best practice increases the level of trust between a CEO and his board.


When I was brushing my teeth this morning at 5am I was thinking about a post I was going to write today. By 5:15 I was in front of my computer with my cup of coffee totally obsessed by watching video of the 8.9 earthquake that hit Japan today. I’m now trying to pry myself away from the live videos of the coast of Hawaii waiting for the tsunami to hit.

Many of my friends are at SXSW this weekend. I didn’t feel like going this year since I knew I’d be too tired (I’ve got a vacation coming up) and I was right as I’ve been in a particularly intense work and travel cycle since the beginning of the year. As I saw the tweets about SXSW last night I was feeling a little bummed about the choice I’d made not to go.

This morning, I’m really glad I’m in Boulder. Whenever a natural disaster like this happens, it’s really unsettling to me. I’m not sure why but I don’t fight the emotion any more. While I like to think I’m very comfortable with my own mortality, down deep I think that there’s something about the natural disasters that remind me how fragile life really is.

I’m hoping my friends in Japan, Hawaii, and any other places that are being impacted are ok.


I’m opposed to opening up Eldorado Canyon Trail to Mountain Bikes. However, when I read the article titled “Boulder open space official: Return to civility in West TSA mountain bike debate” I was infuriated by the tone of some of the people opposed to mountain bikes on these trails.

My partner Seth Levine is a huge mountain biker. He and I had a thoughtful exchange about the issue of MTBs on the Eldorado Canyon Trail. We disagree on this issue but it was a substantive exchange. As a long distance runner, I explained that while most MTBs were good actors, a small percentage weren’t. Even on reasonably well shared trails, I’ve been run off the road numerous times by MTBs careening around a blind corner on a downhill or when someone somewhat out of control flies by me. Single tracks are tough to share and I spent much of my time on them paying attention to traffic if I run mid-day, but I’ve had this problem on all shared trails. Worst of all, I’ve been hit several times by MTBs and I can only think of one case where the person stopped and checked to see if I was ok (I was, but pretty sore the next day.) Seth and I ended our discussion with agreement that we’d go hike Eldorado Canyon Trail together and discuss this further, which will be fun regardless of whether we end up agreeing on a position on the issue.

In general, I’m very comfortable with trails being shared. Over time, I’ve learned how to anticipate when to pay more attention to MTBs and often just run off trail when I can (on the side of the trail, which of course is not what the Open Space people want but it’s safer for everyone.) But I still really struggle on single tracks, or tight trails, especially when one side is mountain and the other side is a steep drop. Having run Eldorado Canyon Trail about a hundred times, it’d be a really rough trail if it became mixed use, and I’m pretty sure I’d stop running it. That’s part of why I’m opposed to MTBs on the trail – I just don’t think it’ll work.

However, when I read the article in the Daily Camera today, the folks arguing against MTBs represent the kind of hostility in debate that undermines their entire position. Their attacks are emotional bordering on hysterical (in the “not funny definition of the word”) and excessively polarizing. It’s not dissimilar to the type of language we often see at a national political level in the extreme partisan case and I find it incredibly distasteful.

The other day I had a difficult meeting with someone who was upset with me and a decision I had made. While we were having the discussion, he referred to the meeting we were having as “date rape.” I was momentarily furious because the comment was completely over the line. I understood that he felt fucked by me and – while I didn’t agree – he was certainly entitled to his opinion. But accusing me of date rape was unacceptable to me, especially given that I’ve had first hand experience on the receiving end of rape. He backed off when I asked if he was sure he wanted to use this language (and if he had said yes, we would have been done talking), but it undermined his argument to me based on the personal attack that I didn’t think corresponded in any way to what was happening.

The vitriolic in the MTB debate has a similar impact on me. It doesn’t help the discussion, undermines the position opposing MTB’s on Eldorado Canyon Trail, and is generally offensive to anyone trying to understand and think through the issue. It also shines a bad light on the community in Boulder which I think is a special place that embraces incredibly diverse people, perspectives, and behaviors. And it creates emotional justification for the small number of bad actors in the MTB for their behavior (e.g. “they don’t want us on their trails so fuck them.”)

Boulder, you can do a lot better than this. Let’s have a real debate about this issue and make a rational decision about whether or not to open up these trails.


My long time friend Matt Blumberg, the CEO of Return Path, wrote a blog post today titled A New Kind of Partnership for Return Path. In it he talks about his recognition, as Return Path has grown (they are now around 250 people), of the gender imbalance in the software engineering team (women are around 15% of total engineering team.. He knew about NCWIT from my role as chairman and Matt and his team decided to join the NCWIT Workforce Alliance to engage in helping address this issue.

Matt and his team then did something that blew me away. They provided the sponsorship of the first-ever NCWIT/Return Path Student Seed Fund. This will program will provide seed funding to groups of technical women at universities across the US to advance the goals of women in computing. There are so many things about this that are exciting to me, including the focus on students, seed funding, and the linkage to NCWIT’s overall goal.

We’ve got a huge NCWIT announcement coming in a few days that Return Path is also involved in as one of the founding members. I’ll post more about it, why it’s so important to me, who’s involved, and what you can do to engage – probably over the weekend.

Return Path – thank you!


Gary Vaynerchuk’s new book The Thank You Economy came out today. Gary sent me an uncorrected manuscript a few weeks ago and I read it the night I got it. It’s dynamite and I highly recommend it for anyone who is doing anything in business today.

I’m a huge Gary V fan. I can’t remember where I met him, but it was at a small dinner about five years ago at some event where I also met Tim Ferris for the first time. When I look back on the evolution of the gang in the room (I think Sacca was there and I’m now digging for some of the other attendees, but Gary fed me so much wine that my memory is now hazy) it’s pretty cool to see what everyone has accomplished.

My first real dose of Gary was Wine Library TV. I’m not a wine guy (there are a lot less brands of single malt scotch so I’ll stay with that) but I was fascinated with Gary’s reach and what he was creating. Crush It! was his first book and was full of energy, inspiration, and insight. The Thank You Economy takes it to another level.

What I love about Gary is his intense passion for what he does, his endless examples that are right on the money, his irreverence for the status quo, his complete dedication to his ideas, and his obsession with mastering anything he gets involved in. Books like The Thank You Economy are easy to read – they are full of great examples knitted together with Gary’s thoughts and ideas, written in a very accessible way. While reading the book, you feel like you are a having a long conversation with Gary, which of course, you sort of are.

Gary – congrats on crushing it again. Thank you for writing the The Thank You Economy!

Update: Brian Williams of Viget reminded me that he organized the dinner I referred to above. It was in 2007 at a Web 2.0 related conference in DC. Here’s the note from Brian reminding me of this – thanks Brian for dislodging this memory (and for organizing that great dinner).

“Was the dinner you mention the one we had in Virginia around the Web 2.0 conference I helped organize back in 2007 (no longer running)?  As far as I remember, in addition to you & me we had Gary and AJ, Tim Ferris, James Surowiecki, Ryan Carson, Frank Gruber, Om Malik, Rohit Bhargava (Ogilvy), and JD Kathuria (co-organizer).  Not a bad dinner!  I don’t think Sacca was there, but there was a lot of wine …

I remember suggesting to the guys organizing the conference with me that we invite Gary to speak because I loved his approach to WLTV and figured he’d change the world — they thought I was crazy. ;-)”


A post in the New York Times this morning asserted that Software Progress Beats Moore’s Law. It’s a short post, but the money quote is from Ed Lazowska at the University of Washington:

“The rate of change in hardware captured by Moore’s Law, experts agree, is an extraordinary achievement. “But the ingenuity that computer scientists have put into algorithms have yielded performance improvements that make even the exponential gains of Moore’s Law look trivial,” said Edward Lazowska, a professor at the University of Washington.

The rapid pace of software progress, Mr. Lazowska added, is harder to measure in algorithms performing nonnumerical tasks. But he points to the progress of recent years in artificial intelligence fields like language understanding, speech recognition and computer vision as evidence that the story of the algorithm’s ascent holds true well beyond more easily quantified benchmark tests.”

If you agree with this, the implications are profound. Watching Watson kick Ken Jennings ass in Jeopardy a few weeks ago definitely felt like a win for software, but someone (I can’t remember who) had the fun line that “it still took a data center to beat Ken Jennings.”

While that doesn’t really matter because Moore’s Law will continue to apply to the data center, but my hypothesis is that there’s a much faster rate of advancement on the software layer. And if this is true it has broad impacts for computing, and computing enabled society, as a whole. It’s easy to forget about the software layer, but as an investor I live in it. As a result of several of our themes, namely HCI and Glue, we see first hand the dramatic pace at which software can improve.

I’ve been through my share of 100x to 1000x performance improvements because of a couple of lines of code or a change in the database structure in my life as a programmer 20+ years ago. At the time the hardware infrastructure was still the ultimate constraint – you could get linear progress by throwing more hardware at the problem. The initial software gains happened quickly but then you were stuck with the hardware improvements. If don’t believe me, go buy a 286 PC and a 386 PC on eBay, load up dBase 3 on each, and reindex some large database files. Now do the same with FoxPro on each. The numbers will startle you.

It feels very different today. The hardware is rapidly becoming an abstraction in a lot of cases. The web services dynamic – where we access things through a browser – built a UI layer in front of the hardware infrastructure. Our friend the cloud is making this an even more dramatic separation as hardware resources become elastic, dynamic, and much easier for the software layer folks to deploy and use. And, as a result, there’s a different type of activity on the software layer.

I don’t have a good answer as to whether it’s core algorithms, distributed processing across commodity hardware (instead of dedicated Connection Machines), new structural approaches (e.g. NoSql), or just the compounding of years of computer science and software engineering, but I think we are at the cusp of a profound shift in overall system performance and this article pokes us nicely in the eye to make sure we are aware of it.

The robots are coming. And they will be really smart. And fast. Let’s hope they want to be our friends.


Wow – that was cool. Thanks for the help with the experiment in the post How To Score 30 Minutes With Me. Tons of great feedback – both in the comments, by tweets, and by email.

In case you missed the post, I decided to offer one 30 minute session with me per week for the next four weeks in exchange for 10,000 Feld Gelt. At least one person found the “Purchase Feld Gelt” option (which I’ve since disabled, at least for now) and bought 9,995 Feld Gelt’s for $10 valuing my time at around $20.01 / hour! Oops.

I was surprised that the slot for the first week of running this was purchased within eight hours (I posted last night – by the time I woke up it was gone.) It’s also super interesting to me to see the movement on the leaderboard (via the detailed BigDoor stats that publishers get to see) which just reinforces the importance of having more options here (e.g. daily leaderboard, biggest movers).

The next 30 minute session goes on sale in “about a week” which means you need to check back periodically in the BigDeal section to see if it’s active. In the mean time, activity on Feld Thoughts earns you more Feld Gelt, as does activity on my partners blogs (Jason Mendelson, Seth Levine, and Ryan McIntyre) and activity on the Foundry Group blog. Yup – the Minibar works across blog networks!

I’m still getting my mind around how to integrate Feld Gelt with Brad Feld’s Amazing Deals. I’m also contemplating getting a pet unicorn.


Who said March Madness was only for college basketball fans? I’m a proud nerd, am pretty good at basketball, but my college team (MIT) never ahem did much in March so I missed out on the whole March Madness thing in college. So, I’m psyched that I get to play TechStars 2011 Startup Madness this march.

We are picking 64 companies to participate. To qualify, you must enter by March 9th and meet the following requirements.

  • Haven’t raised funding of $250,000 or more and haven’t generated revenue of more than $250,000 in a single year.
  • Have a live, usable public site or an accessible demo on their home page
  • Have not already been in the TechStars program – this is not for TechStars companies or alumni companies
  • Must be an internet, software, or hi-tech company

You can nominate a startup on the Startup Madness page or just tweet out the following (replace @ENTRANT with the twitter handle for the company.)

Hey @TechStars, I nominate @ENTRANT for the @StartupMadness Tournament https://tsta.rs/sumadness

And yes, there are awards – a lot of them. Over $25,000 worth. Again, go to the Startup Madness page to see them.

Bring March Madness – of a different kind – to nerdville.