Brad Feld

Month: July 2010

Tonight’s book is The New Polymath by Vinnie Mirchandani.  Actually, it’s the book I read the last two nights as it was too much to get down in one night.  I’ve been promising Vinnie that I’d read his book ever since he sent me the galleys a few months ago.  I tossed the PDF up on my Kindle which, when I got around to it, was unreadable because of the tiny font and the way the Kindle scaled the PDF to fit the page.  I promptly went on to another book and never read it.

Vinnie was patient with me and was willing to keep talking to me and provide some advice on a completely unrelated topic.  When the book came out I hopped on Amazon and plopped down whatever they charged me for the Kindle version.  And I’m glad I did, not just because I like Vinnie and his writing, but because it’s an excellent book.

For a feeling of the type of topics Vinnie covers, take a look at his blogs: Deal Architect and New Florence. New Renaissance.  Vinnie is all innovation, all the time.  Which I love.

The New Polymath was an excellent tour de force of innovation.  Vinnie served up example after example after example in an interesting and relevant framework that kept things moving, unlike a lot of business books where you hit page 79 and just stall.  In this case, whenever an example started to peak, it was time for the next one. Last night, I stopped and went to bed when I was about halfway through and considered letting the book sit for a few days but tonight when I finished dinner I sat down and finished it off.

The only chapter I found too long and uninteresting was the one on BP, but I couldn’t figure out if that was because of what’s currently going on with BP or if it was just too much by the time I got to it.  But, like a reference on someone where the inevitable “does the person have any weaknesses you are aware of” question arises, I get to point to the BP example and say “ok – that one wasn’t my favorite, but it was minor compared to all the great stuff in this book.”

It was kind of fun to see lots of friends and colleagues as examples.  This was an unexpected surprise as I hadn’t previewed the book in advance and had never talked to Vinnie about it.  Like any good polymath, Vinnie covered a lot of different ground.  While there was a tech / IT / Internet focus, there was plenty of cleantech, energy, bio, and broad business (non-tech) examples.  And there were a couple that were deliciously surprising and unexpected.

Vinnie gave me a copy of a book to give away to one of you, demonstrating his command of social media marketing.  I’ve decided to run a competition – the best haiku with the word “polymath” in gets the book.  Leave your haiku in the comments (make sure you use a valid email address so I can email you if you win.)  Show me what you’ve got.

Update: A few folks emailed me that they couldn’t find the Kindle Version of The New Polymath.  For some reason it’s not linked to the hardback edition.


I’m far away from Washington DC today.  Actually, I’m a lot closer to Russia than I am to DC and that makes me an expert on Russia.  Wait, someone else said that (although the people next to me and Amy at dinner last night were speaking Russian.)

But my friend the Internets (actually, the Web) brought DC closer to me today.  While I’m only involved in a handful of things related to politics and DC, several of them popped up somewhere in my world in the last two days.  So, I thought I’d share them with you.

Let’s start with software patents.  I’m still seriously bummed about Bilski – not the specific ruling, but the fact that in my opinion the Supreme Court wimped out on something that is very important.  Several friends have told me that the Supreme Court did exactly what they were supposed to – they ruled on a vary narrow and specific issue that was put before them.  A few other friends of mine, including several lawyers that know a lot about the Supreme Court, said it looked like the Supreme Court came close to making a significant and profound ruling – with plenty of hints buried in the stuff Justice Stevens wrote.  I can’t interpret any of the Supreme Court inside baseball, but I do know how I feel about software patents and expressed my frustration in an article that I co-authored with Paul Kedrosky titled Software Patents Need to Be Abolished that showed up in the Huffington Post yesterday.  In case you need more evidence around the stupidity of the whole situation, take a look at the crap van Rijn is going through.  Or maybe this patent from Microsoft on “how to turn a page in an electronic book.”

DC Topic #2 is the Startup Visa.  Inc. Magazine has a great article about the issue and the Startup Visa titled The Immigrant Advantage.  My friends Kevin Mann (British) and Thanavath Jaroenvanit (French) – both of TechStars Boulder 2008 – co-founders of Graphic.ly – and one of my inspirations for the Startup Visa movement) are prominently featured.  And the Kauffman Foundation just came out with a study that concludes that Job Growth is Entirely Driven by Startups.  I’ve had a few encouraging conversations about the Startup Visa movement recently, including hearing about a new co-sponsor of the Senate Bill (“The Startup Visa Act of 2010”) as well as talking to a handful of prominent organizations that are close to signing up to get behind it.

Finally, LeBron James has apparently signed with the Miami Heat.  I have no idea what that has to do with DC, other than I’m sure the Wizards were trying to get him also.


One of my favorite quotes of all times is “these are not the droid you are looking for.”  The only “misdirection” line I’ve ever heard that comes close was Swordfish – actually, it wasn’t a line, it was the whole movie.  Or maybe just Gabriel.  Or maybe Halle Berry.  I can’t remember anymore.

My partner Ryan sent this around today.  Poor storm trooper.  I wonder how a storm trooper commits seppuku.

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In March I wrote about Standing Cloud‘s public launch of a free service to test drive open source applications.  As reported today in TechCrunch, Standing Cloud has now launched it’s Business Edition, a service that enables users to also host applications on any of four cloud providers. As with the free edition, they have made it remarkably easy to get started: you register (including providing payment information), select your cloud provider and application, and go.  Currently, the easiest setup is with Rackspace, where Standing Cloud can automatically assign a billing account to you; this easy setup is coming soon for GoGrid and Amazon EC2.

In the Business Edition launch, the Standing Cloud service provides fast and simple installation, automated regular and manual backups and simple application monitoring.  Importantly, the backups can be restored to any cloud service, not just the one where you started.  You can also easily reboot the application if it seems troubled, upload text files (including templates or other customizations), and if you are so inclined, access the server command line through a terminal window that operates within your browser.  Through September 30, the only fees Standing Cloud is charging is for the server time and bandwidth usage; after that it will cost an additional $19.95/month for their service – which by then will include a number of additional features.

There are now more than fifty open source applications available in Standing Cloud – so they’ve organized them in a searchable list format. There is also no technical limitation requiring that the applications be open source, so if you are looking to promote or enable users to host your commercial application, send me an email and I’ll connect you with the right person at Standing Cloud.


Tonight’s book was Inside Out by Barry Eisler, one of my favorite mental floss writers.  Several (four?) years ago when Amy and I were up in Homer, we became obsessed with Eisler’s John Rain books.  I miss John Rain but if foreshadowing is to be believed, I expect the next Eisler book will include both Rain and his sidekick Dox.

If you like Eisler, Inside Out is fast paced and fun. I found it appropriately cynical about torture, the government, and everything else that was covered, except for the one gratuitous and fully predictable sex scene which was nicely done.

Time for something serious tomorrow – I’m finally going to take on something I’ve been promising the author I’d read for about three months.  Oh – and I am doing a run in the morning and P90X Legs and Back and Ab Ripper in the late afternoon no matter what.  Yoga, on the other hand, isn’t happening tomorrow.


Yesterday, I sent a note requesting something to a long time friend of mine who is an exec at a fast growing tech company.  I’m a tiny investor – not on the board – but we are long time friends who have done a lot for each other in the past.  My friend is extremely busy so I try to be careful with his time and limit my requests for help.

About six months ago we had a conversation in which he said something profound to me.  The quote that stuck with me was something like “every single person I’ve ever met has called me in the past three months and asked me for something.  If I add up all the requests, it’s something like 200 year of work that I now have to do that has little to nothing to do with what I’m trying to get done.”

During that conversation I decided that I never wanted to be “one of those guys” that always asked for something.  My general life philosophy has always been to “give more than I get” and hope good karma comes back my way over time.

Shortly after I sent the email request yesterday, I thought of this conversation.  I sent a separate note to make sure I wasn’t “one of those guys” (confirmed quickly by my friend) but it still caused me to think about the balance of give vs. get in my world – at least enough to write this post to (a) remind me to keep thinking about it and (b) encourage everyone out there to think about it also.

And – for all of you that live by this creed – thanks!


My friend Sawyer was as disappointed in the outcome of Bilski as he was in the ending to LOST.  In fact, he asked if I’d change his pseudonym to Joseph Adama of Caprica but I vetoed this over extreme nerdiness.  Nonetheless Sawyer let loose on Bilski and helps clarify both his perspective on why the Supreme Court took such a milquetoast approach as well as what one of the unintended consequences of their action – or lack thereof – will be.  And for those of you who have forgotten Sawyer’s background, he’s a patent attorney that is channeling his opinion through me.  And we’ve been discussing setting up a very large data center on an island somewhere in the middle of the Pacific Ocean.

Seeing the reaction to Bilski, what has struck me is how surprised and disappointed some people are with the weak will of the Supreme Court to act to limit the damage that software patents are causing, and will keep causing, to innovation in the U.S.

As I’ve written before, software patents amount to an innovation tax, transferring wealth from people who build things and make stuff to investment bankers, hedge funders, and, most of all, patent prosecutors and litigators.  If you think that bankers and lawyers drive innovation, this is a “good thing”; otherwise, this is an utterly disastrous government-sanctioned redistribution of wealth that discourages software innovation.  Software innovation continues, by the way, in spite of the patent system, not because of it.

Courts may or may not understand the negatives of the patent system, but they’re the last place we should look for positive change.  As others have written about, the Supreme Court has become a rubber stamp on public opinion and on Congress.  On the issue of IP, Congress is in the pocket of media companies, biotech companies, large software companies, and lawyers (all of whom can afford to litigate IP suits), and popular opinion skews in the “pro-patent” direction because awareness and interest are low when thousands upon thousands of people remain unemployed for the longest periods of time in decades.

Given a fearful, conservative Court unable to affect meaningful change in most areas until the whole country is behind it, the expectation that the Supreme Court would strike software patents down was folly.  Judges don’t know enough, and don’t care enough, to stick their necks out against the monied special interests that control the levers of power.  The current system, constructed in part by the pro-patent judges at the Federal Circuit, who have appointed themselves as the ultimate shepherds of this country’s pro-patent mentality, will continue to rule the roost.  And the PTO, headed now by the pro-patent former head of IP at IBM, David Kappos, will continue to treat patentees like “customers” and pump economy-destroying patents out as it if were the Fed printing money.

So, yeah, we’re a little screwed.  The Federal Courts have bought into the patent system; the PTO grants patents like there is no tomorrow; and Congress is poised to pass a completely eviscerated “patent reform” bill that will make patents harder to render unenforceable, among other things.  The outlook is bleak.  So what’s the answer, as more and more software patents are issued, and more and more startups and small businesses are sued into nothingness?

Move VC and seed investment in software abroad.  This, I think, will be the unintended consequence of Bilski and the alignment of the government against innovation in software.  When patents are the rule, and only big companies can play the patent game, small companies, the ones that are driving lots of employment and lots of innovation, will move to places that are both cheaper to live, and less risky legally.

As a counterpoint, a law professor claims that “startup executives reported that nearly 70% of venture capital firms and 50% of angel investors said that patents were important to their investment decisions.” This study was, of course, repudiated by the most credible person on it, Professor Pamela Samuelson.  As Brad Feld and Jason Mendelson have said repeatedly, patents have almost no impact on VC investment because, among other things, it takes 4-5 years to get them, and in the current software startup climate, your business will prove itself in 1-3 years one way or another. The fiction that strong patent rights lead to more domestic VC investment is highly damaging and utterly false in software, an industry where low capital intensity and low barriers to entry make product and user acquisition, not “IP,” king.

What Bilski means for software is that the advantages of starting software businesses abroad have become even more clear.   The tax situation and cost of living in, say, South America, is much better than in the U.S. currently.  Now that startups have to live in fear of the uncertainty of the U.S. patent system, when they could be wiped off the face of the Earth by legal fees and customer loss in the span of a few months by the mere filing of a patent suit, and with an entire government that seems to have no sympathy toward their small businesses, why start a software company in the United States?  A determined group of developers could start the same company in, say, Brazil, make their venture money last much longer, and with a higher quality of life at a lower cost of living.  Seed and VC investment beginning to move to more hospitable legal climates is inevitable, and Bilski will be the straw that begins the flood of such investments overseas.  The only barrier is moving the developers abroad, but communities already growing in foreign countries could begin an exodus that our government seems to want to encourage.

At minimum, U.S. startups will begin locate some portion of their operations abroad.  Although the law is unsettled, and highly dependent on the patents at issue,  the AT&T v. Microsoft and NTP v. RIM cases indicate that moving operations abroad, like the creation of golden masters and the location of web servers, could insulate some portion of a company’s operations from U.S. patent damages, which cannot be extraterritorial.  For sure, locating everything in the U.S. is an invitation for patent plaintiffs to claim worldwide damages on software patent system claims involving a server.

Surely the Supreme Court didn’t intend to drive our most innovative companies abroad, but it may be time for innovators in the U.S. to fight the system the only way that they can when the whole government is out to get them – get out of dodge.


On page 89, the book’s unnamed protagonist said “My brain hurts.”  I thought to myself, so does mine.

God’s Debris is Scott Adams’ first non-fiction book (yes, that Scott Adams, the father of Dilbert.)  Well – it might be fiction, it might be philosophy, or it might be a novella.  Or maybe it’s something else.  But it’s fascinating.  And challenging.  But short.  It was tonight’s book (although the night is still relatively young so I’ll get started on the next one in a few minutes.)

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This is not a religious book, nor is it a slam (or endorsement) of religion.  It is, in Adams’ words, a thought experiment.  One of the two characters is an old man who turns out to know everything.  He explains, through a series of short chapters on different subjects, all of the great mysteries of life.  While it’s easy to argue with some of his assertions, the old man (who turns out to be called The Avatar) explains things in a simple way that – while not bulletproof – is compelling.  Some of the chapter titles give you a quick feel for what is going to be covered: Free Will, Science, Where is Free Will Located?, Genuine Belief, Delusion Generator, Reincarnation, UFOs, and God, Free Will of a Penny, Evolution, Skeptics’ Disease, ESP and Luck, Light, Willpower, Holy Lands, and Relationships.

When I finished it, I hopped on Wikipedia and discovered that Scott Adams wrote a sequel called The Religion War.  I really want to read it on my Kindle but it’s only available in physical form so the atoms are now in the mail to me.


On my way back from the Homer airport this morning (five minute drive from my house) after dropping off a pair of packages at Fedex (yes – Fedex is here – at the airport – but you’ve got to drop off by 10:30 for next day delivery) I saw a sign that caught my eye.

Local.  Organic.  Wi-Fi.

The sign was outside the Sourdough Express Bakery, one of Homer’s local restaurant institutions (it’s been around since 1982 and is on the “must eat there once every summer” list.)

I’ve noticed Wi-Fi signs on most of the Homer restaurants, coffee shops, and stores this summer. Almost all of it is free. There’s even Wi-Fi available on the Homer Spit that’s free for an hour at a time.  After being gone for two years, Wi-Fi appears to be almost ubiquitous up here.

Not surprisingly, there is no AT&T 3G here.  We’ve got excellent AT&T Edge service and the AT&T phone service is spectacular (thanks to ACS) but no 3G.  So my iPhone is extremely slow up here, except on Wi-Fi.  Which I can get almost everywhere.

I’m kind of intrigued by the marketing around Wi-Fi.  I get local, especially in a place like Homer (hippy town, lots of local farms, almost all local fish, cost of transportation for stuff to here – the end of the road – is high).  I also get organic (as organic is the super trendy extra hippy movement of the day). However, Wi-Fi surprised me a little, but when I think about it, it makes perfect sense as this is a heavy tourist town in the summer.  “Stop here, check your email on your laptop using free Wi-Fi, and eat some halibut while you are at it.”

When I’m in Homer, I pay a lot of attention to the local small town patterns that exist.  Most of the places outside Boulder that I spend time in are large cities (New York, San Francisco, Boston, Seattle, Los Angeles) so I feel like I’ve got the big city rhythm in the US figured out.  But I definitely struggle to understand “the small town” as I’m hesitant to use Boulder as a reference point.  While Homer is also a pretty unique place, it’s probably a good proxy for tourist spots in the US that are under 10,000 permanent residents that is no where near a big city (the largest – Anchorage – is 222 miles away.)  If nothing else, the tempo of the place is radically different than the other places I spend time in during the year.

I expect I’ll have plenty of other missives from (and about) Homer this month.  If you want pictures, Amy’s got plenty of them building up over on her site Thoughts in Random Patterns.