Brad's Books and Organizations





Hi, I’m Brad Feld, a managing director at the Foundry Group who lives in Boulder, Colorado. I invest in software and Internet companies around the US, run marathons and read a lot.

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Detroit Free Press Marathon

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Marathon #23 is complete. On Sunday, I finished the Detroit Marathon in 4:41:39. The two smiling faces next to me in the picture are Matt Shobe, who I’ve now done three marathons with, and my running coach Gary Ditsch. They ran with me in Detroit and it was super helpful to have them.

The most exciting thing for me about the Detroit Marathon was that my partner Jason Mendelson completed his first marathon! The whole notion of this is pretty awesome as Jason had major hip surgery eighteen months ago. It was brave of him to take on the training for this and powerful that he got it done.

We had a big party – Becky Cooper, Ryan McIntyre, and Jill Spruiel from Foundry Group also ran Detroit, as did Andrew Tschesnok of Organic Motion, my long time friend Warren Katz (this is his second marathon), and a few other friends.

The day was perfect for a marathon – sunny and cool. I had very low expectations for myself – my goal was simply to finish. I haven’t run much at all since my bike accident in Slovenia in early September and my ribs and left elbow still hurt a little. While I’d done a couple of 10 mile runs, I think I’d run a total of five times since I got back. So my goal was to rely on muscle memory and just get through 26.2 miles.

Matt, Gary, and I went out slow – doing a 2:26 pace for the first half. We were probably on a 2:30 pace through 10 but then picked it up a little after we got through the mile long tunnel that connects Canada and the US. One of the interesting features of the marathon is that miles 4 through 7 are in Windsor Canada – you head from Detroit to Canada over the Ambassador Bridge and then come back to Detroit via the tunnel between the two cities. As a bonus, I learned that South Detroit is actually Windsor, although my guess is that the people of Windsor refer to Detroit as North Windsor.

I turned my left ankle heading into the tunnel and was nervous for about a half a mile but it was fine. I was also claustrophobic in the tunnel – I really hate running in enclosed spaces for any length of time. But we started to cruise once we got back on America soil.

I did the second half in 2:15:13 – another solid negative split.We had been using an 8:2 run:walk pattern up to about 20 and then shifted to 9:1 for the balance. There was a point were I thought we had 4:39 in our sites but we just couldn’t quite make up enough time. But given that my goal was to finish, it was very satisfying to turn in another sub 4:45 marathon.

I had a blast in Detroit from Friday until I left on Tuesday. I spent all day Monday with entrepreneurs and the activity in the core of Detroit around the emerging Detroit Startup Community is really exciting. Look for a longer post on Startup Revolution from me in the next few days about my thoughts on what’s going on there.

If you see Jason this week, give him a high five for his amazing achievement.

Welcome To The Fall Semester

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I love this time of year. I get up at 5am, catch up on email (holy shit – is it already 6:37?), write a blog post, go for a run, and then have a completely jam packed day full of working with amazing people. Some days are awesome, some days have crushing challenges, all of them are stimulating.

For as long as I can remember, I’ve run incredibly hot from Labor Day through Thanksgiving. The boundaries seem to be the holidays and the bookends are Amy‘s birthday (9/14) and my birthday (12/1). We often find ourselves in New York around Amy’s birthday and in some exotic warm beach place (like Mexico) on mine. Between the two is complete and total chaos, which is delicious when I give myself up to it rather than fight it.

Here are a few of the things going on this fall.

As my dad likes to say, “if you aren’t living on the edge, you are taking up too much space.” I’m enjoying the edge this semester.

If you happen to talk to Kelly along the way, tell her thanks for putting up with me. Or send her flowers. Or chocolate.

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Unbreakable: The Western States 100

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Last night Amy and I watched the movie Unbreakable: The Western States 100Our friends Pam and Mark Solon gave it to us. It was awesome, powerful, riveting, and inspirational. If you are a long distance runner, or athlete of any kind, you will love it. More after the trailer below.

While my experience with marathons is now extensive (22 to date), my experience with ultras is limited to one – the American River 50. I learned an enormous amount from my ultra – mostly about myself – and wrote about it twice – two weeks after the race in a post titled The Physiological And Emotional Fallout Of My 50 Mile Race and then six weeks later in a post titled I’m Finally Recovered From My 50 Mile Run.

While I’d love to try another 50 and even do a 100 miler, I’ve decided that it’s just not realistic or healthy (emotionally) for me given my current work and travel dynamics. I’m comfortable with that decision and have doubled down on the marathon running while tossing in some road biking (today’s ride will be 35 miles, the longest to date) for variety  and mostly to amuse my partner Seth.

It was extremely powerful and motivating to watch this movie. The Western States 100 is the original ultramarathon that was first run by  Gordy Ainsleigh in 1974 (he’s in the movie – and he is awesome.) There are four main characters in the race that the movie follows.

  • Hal Koerner, two time defending Western States champion, and running store entrepreneur from Ashland, Oregon.
  • Geoff Roes, undefeated at the 100-mile distance, an organic chef from Juneau, Alaska.
  • Anton Krupicka, undefeated in every ultramarathon he has ever started, a graduate student living in Boulder, Colorado.
  • Kilian Jornet, the young mountain runner and two time Ultra-trail du Mont-Blanc champion, from Spain.

Four amazing ultra runners (two undefeated) going after the win and a world record from the very beginning of the race. The movie does a great job of mixing drama with personality with footage of the race. While I don’t know any of the runners, I’ve been passed by Krupicka running in the mountains in Boulder (he’s easy to recognize) and I related to different parts of each of their stories.

As I look out my window in Keystone this morning I see a beautiful blue sky with a layer of fog in the meadow behind my house. The mountains are in the background. While I’ll be on a bike today getting ready for a week long bike trip (my first) the love that these four guys have for running will echo in my mind. When people ask me why I run marathons, it’s easy – I love to run. So do they. Watch the movie and be inspired.

I’m Finally Recovered From My 50 Mile Run

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On my run this morning along the Charles River, I decided I was finally recovered from my 50 mile run on 4/7/12.  The end of my run brought me by the Hatch Shell and I smiled, even though it was muggy, cloudy, and there were too many people around.

I’m now sitting in the Ritz Bar (they now call it the Taj, but that doesn’t work for me) a few hours later with Amy doing some writing while she reads. I took a break and decided to write up how the last seven weeks have been for me emotionally.

Basically, they’ve sucked. I wrote The Physiological And Emotional Fallout Of My 50 Mile Race two weeks after the race. I was tired, struggling with depression, but feeling like I had turned a corner. It was a nice fantasy – after a month I was still having wild mood swings, feeling very tired most of the time, totally uninterested in running, and generally feeling overwhelmed by my travel, work, and all the people around me.

I’d been through this before in my mid-20′s when I was very depressed for several years while running my first company. This was different – I haven’t felt depressed, but it was just over the horizon. Instead, I had a steady low grade anxiety all the time which would spike up for a few hours before dissipating. I’d feel ok and then suddenly be exhausted and want to take a nap. Or I’d just feel like canceling all my meetings and going home. I knew the feelings would pass, so I just rolled with them when they came up, but I didn’t deny their existence.

Other than sleeping a lot, Amy tells me that I’ve been fine the past seven weeks. Low energy, but not noticeably in distress, crabby, or difficult. I haven’t done a survey of the people I interact with on a regular basis, but I’ve been open about how I’ve been feeling and I assume the people close to me have been giving me some space. I’ve been keeping up my typical work pace with one exception – I’ve been sleeping in many mornings as I just haven’t been able to drag myself out of bed at 5am.

I felt something noticeably shift two weeks ago. Amy and I had a couple of wonderful days together in Chicago and then I flew on Sunday to New York. I spent the afternoon with a close friend whose wife is very ill, just sitting, talking, and enjoying being together. I went out to dinner with two CEOs we’ve funded and then had a good night sleep. I woke up Monday morning feeling a little flat, but by mid-day I felt normal and attributed it to being sad for my friend and his wife. I felt fine during the rest of my NY trip, I flew to SF for an extremely enjoyable dinner, and then spent the past 10 days in Boulder.

While it has been very busy and there is a lot of pressure coming from different directions, I’ve felt very normal the past two weeks. I’ve had a few anxious moments, but they are all tied to specific events and easy for me to process. My normal temperament is very stable and mellow, even when the shit is flying everywhere, and I’ve felt generally back in that zone. I’m running again and enjoying it and I haven’t felt like curling up in a ball in the corner of the room in at least two weeks.

As I’ve written before, running the 50 mile race was an amazing experience. But I’ve decided not to do it again while I’m working at the level and intensity that I work at. The training was too much but more importantly the recovery has just been way beyond what I feel like I want to process again anytime soon. So – it’s back to marathons for me, which I know makes Amy smile.

The Physiological And Emotional Fallout Of My 50 Mile Race

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Two weeks ago I was at about mile 40 of the American River 50 Mile Endurance race.

Today I went for my first run in two weeks.

Physically, I was ready to go running four days after the race. By 4/11 my legs felt fine. I consciously decided not run for the first week so on Saturday 4/14, while at LindzonPalooza 5 with my dad,  I contemplated doing an easy three miles on the beach. As I was changing my clothes, I laid down in bed. I woke up three hours late. No run.

Every day last week I thought about running before I went to bed. When my alarm went off at 5am each morning, I set it again for 7am (or 8am if I could get away with it) and slept in. This morning, I woke up after almost 11 hours of sleep and was still tired. And no, those 18 minutes to fall asleep wasn’t sex, I was just restless as I have been almost every night since my race. Apparently I had to pee at about 12:30, 3:30, and 4:30.

Today I decided it was time to get started running again. So I did. And it felt really good.

While my legs have felt fine, I’ve been completely exhausted for the past two weeks. It probably didn’t help that I spent the first week on the road (San Francisco, Los Angeles, and then San Diego) but I was home all last week in Boulder. I usually sleep 6 – 7 hours a night during the week and then binge sleep on the weekend (10 – 14 hours) but I’ve been sleeping 10+ hours a night for two weeks. And I’m still tired. As I type this, I could easily go take a nap.

As I expected, I’ve had lots of emotional ups and downs. The day after the marathon I usually feel really flat, followed by a really dark, pseudo-depressed day on day two after the marathon. By day three I feel ok and I’m back to normal on day four. While I know that pattern well, I didn’t know what to expect this time around after a 50 mile run.

On Sunday after the run, I was wildly depressed. I was alone – I’m sure that contributed to it – had brunch at Mel’s Diner in Sacramento, and then took a car to San Francisco. I got a massage at the hotel, got a veggie burger and a shake and then went to Hunger Games to try to disconnect from reality. It was Easter Sunday and downtown San Francisco was quiet, the Westfields Mall was closed except for the movie theater, and while Hunger Games was good, when I walked back to the hotel I was very lonely.

Monday was more of the same. I slept a lot, felt sore but wandered around a little, hung out at Fitbit, and had dinner with some Stanford students. But I was emotionally flat.

I went to LA on Tuesday and had three super busy days in LA where I hung out at Oblong, LaunchPad LA, MuckerLabs, and gave a talk in Valencia. I’ll put this time frame in the category of “manic” – I was tired the whole time, physically felt better, had plenty of up moments, but then at around 3pm every day just wanted to lay down wherever I was and go to sleep. At this point, I felt a dark depression looming – the activity with people probably kept it at bay, but it was lurking right beyond the horizon. Each night I tossed and turned for a while, which is unusual for me as I usually fall asleep right away, but when I slept I was out. Deeply deeply out. When I woke up, I was down, tired, and disoriented, but once I was around people I got back in the groove.

By Friday I was in San Diego with my dad. I was feeling a lot better emotionally, but the fatigue was still heavy. I took a three hour nap in the afternoon each day – not your quiet nap, but the toss and turn, sweat like crazy, wake up and have to take a shower nap. Hanging out with my dad was safe feeling and I had a great time at LindzonPalooza with a bunch of friends and a some people I didn’t know, but the heaviness lingered.

I was back home Sunday. I hadn’t seen Amy in ten days and we had a tough first 12 hours of re-entry. I was disoriented, cranky, and probably emotionally distant. That’s never a good way to be, especially when you haven’t seen your beloved for ten days. We had a tough night Sunday, woke up fine Monday morning, and tried again Monday night where we had a lot of fun together. She then left on Tuesday morning for Boston for the week so I was again alone.

My three P1s this week were (1) the Foundry Group annual meeting, (2) close a financing in a new company, and (3) rest and recover. As I reflect on the week, I accomplished all three (the financing will close first thing Monday morning). So that’s good.

I’m still a little tired feeling, but the kind of tired I have after working a long week. I have some anxiety floating around – not bordering on going to a bad place, but atypical levels for me. But underneath it all I have a deep stillness as I consolidate all of the physical, emotional, and psychological changes and experiences as a result of this run.

This has been a really powerful experience for me. The physical act of running 50 miles was about twice as difficult as a marathon. But the emotional act was at least four times as hard. And I’m still not sure I’ve really processed it. It’s taken me two weeks to feel like I’m back on balance with all the things coming at me every day and I know that I’m still tired. But now that I’ve got two weeks behind me, I’m contemplating a few deeper concepts that have been rolling around in my mind that were stimulated by this run.

Most of all, I want to thank everyone out there who has been supportive of this endeavor. A few people had a profound impact on the experience, but many people I know have contributed support, emotional energy, encouragement, and suggestions. Thank you.

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