Archives / July, 2015

Our 2016 Foundry Group Fund and A Little History

Yesterday we closed our fifth fund, Foundry Venture Capital 2016, L.P. As with all four of our other funds, it’s a $225 million fund. In 2007 we raised our first fund – Foundry Venture Capital 2007. We subsequently raised a $225 million fund in 2010, another one in 2013, and a late stage fund in 2013….

Unicorns Without The Magic

I got the following email recently, titled “Unicorns Without The Magic.” “With the rise in venture capitalism it’s hard to say the word “start up” and not be offered an abundance of accelerator programmes, free office space, free apartments & a free bible of connections. I myself have felt the pressures of the world of…

Book: Armada

Ernest Cline’s second book, Armada, is almost as wonderful as his first book, Ready Player One. While plenty of folks on Amazon are giving it mediocre ratings, I think it’s because they don’t understand what Cline really did here. Both books are scifi. Both books are heavily gamer influenced. Each moves fast. However RPO is…

1985: Oil Prices Will Go Up Forever

This is not a post about a bubble, real or imagined. It’s a lesson from when I was 20 years old. I showed up at MIT as an eager freshman. I was 17, from Dallas, with a nice pair of cowboy boots and long hair. On my first day, at the freshman picnic, I heard…