Brad Feld

Month: October 2017

Amy and I have always believed in this value and importance of voting. If there was any doubt about how this can impact our society, that doubt was obliterated in the 2016 election.

Boulder has an odd-year election cycle so our local elections are happening between October 16, 2017 (ballots get mailed) and November 7, 2017 (the last day to vote). Historically, less than half of the registered voters in town have voted in our local elections. A group of us, led by Engage Boulder hope that meaningfully increases (both the registered voters and the ones who choose to vote) this year.

Having lived and worked here for almost 22 years (longer than I’ve lived anywhere else by a wide margin), I now feel like I understand the strengths and weaknesses of Boulder. I get the difference of opinions about the long-term view of the city. I think we are living in an amazing place, but we have a lot of work to do to both keep it amazing and have it continue to evolve in a healthy, productive, and successful way.

As a result, I believe that our city council election is critically important. In the past, I’ve voted but I have not been public about my endorsements, nor have I put much energy into helping the candidates I endorse get elected. This election feels different for me, partly because I’m now thinking a lot about the long-term health of Boulder, but also because I feel like the low voter turnout in past elections shows that the broader population is not necessarily being represented.

I’ve decided to endorse Jan BurtonEric BuddJill GranoMark McIntyre, and Bill Rigler.

These are the same endorsements being made by Open BoulderBetter Boulder, and Engage Boulder, three organizations that I support along with a number of other community leaders.

We have chosen to endorse these five candidates because of their commitments to bring visionary and practical strategies to:

  • Create more housing and transportation for all Boulder residents;
  • Make our streets and paths safer;
  • Meet Boulder’s carbon reduction goals;
  • Keep Boulder open for entrepreneurs and the ecosystem that encourages them;
  • Make Boulder attractive for creative people, in the arts, research, and elsewhere;
  • Maintain a balance of conservation and recreation access on our open space.

While I don’t necessarily agree with every position of each of these candidates, I strongly believe they are all smart, thoughtful, willing to engage, and capable of thinking long-term about what is good for our city and community.

Voting in Boulder is easy. If you haven’t registered to vote, please register now. And, Engage Boulder is having voter-oriented events several times a week between now and the election – get involved!


Recently, my friend Ross Baird came out with a new book, The Innovation Blind Spot. In the book, Ross outlines and diagnoses a problem that I’ve been exploring for over a decade: our innovation economy neglects many people and ideas.

Ross kicks off the book with some pretty stark statistics: despite the fact that promising startup communities (such as my hometown of Boulder) are thriving, in most communities in America, firm creation is the lowest it’s been in a generation. With women making up less than 10% of new startups that are funded and African-Americans and Latinos making up less than 1%, it’s obvious we’re not seeing the best ideas in our innovation ecosystem.

Ross’ book is important because he focuses on solving this problem through HOW we invest, not just WHAT we invest in. It’s not enough for tech firms to say “we need more diversity – let’s go find different founders!” The design in how we find companies, perform diligence and make investments have unintentional side effects that cut many people out. One example highlighted in the book is that the very act of “pitching” a business tends to favor men (a Wharton study showed that men were 60% more likely to raise money pitching the exact same business as women.)

I’ve been thinking about ways to design startup communities to be more inclusive. A classic investor problem is a tension between wanting to be accessible to new founders while at the same time giving existing portfolio companies the time they deserve. When you’re getting a thousand pitches a year, you often tend to gravitate towards the people you already know and ideas that are familiar. Techstars has been a key part of addressing this issue for us as we’ve met thousands of companies we wouldn’t have otherwise and have invested – both directly and through our investment in Techstars – in a wide variety of founders all over the world.

Ross’s book also explores ways to build a stronger pipeline of different types people. As I’ve dug further into the problem, I’ve seen consistent ways that many people are excluded. For example, entrepreneurs go to conferences and network in order to find customers and investors. If you don’t have personal savings or family members who can help support you, you can’t afford that plane ticket. Organizations like the Techstars Foundation are working on addressing problems like this.

My favorite part of the book is when Ross talks about how places and communities can support their own founders. Ross’ final section is titled with one of my favorite words: “Topophilia“, or “love of place”. It’s a phrase I’ve embraced as we’ve built our startup community in Colorado and have tried to share with other communities around the world, both in my travels and through my book, Startup Communities. Whether you live in Cincinnati or Jakarta, you are far better able to help the entrepreneurs in your hometown than I am. I think that in order for us to ensure that entrepreneurs flourish everywhere, communities need to embrace them, and I’ve enjoyed being part of a community of folks like Ross who are trying to help communities do this worldwide.

Ross’s book is a quick, entertaining, informative read that diagnoses how we can do better as a startup community, and more importantly, focuses on the HOW. I encourage everyone in the innovation economy to read it.