Brad Feld

Tag: Boulder

Richard Florida continues to write amazing stuff about Startup Communities in The Atlantic Online. Two of his latest articles talk about entrepreneurial density and venture capital.

For a long time I’ve suggested that an interesting measure of entrepreneurial density would be ((entrepreneurs + employees of startups) / total population). I asserted in my book Startup Communities: Building an Entrepreneurial Ecosystem in Your City that I thought Boulder had the highest entrepreneurial density in the world. I qualified this by staying I had no real empirical data – it was merely an assertion based on my experience.

Richard took this notion a step further in his article High-Tech Challengers to Silicon Valley and actually did some math. In it, he looked at Venture Capital financing (total dollars and number of deals) on a per-capital basis. Boulder came in third, behind “San Jose-Sunnyvale-Santa Clara, CA” (what most of us think of as “Silicon Valley”) and “San Francisco-Oakland-Fremont, CA” (what most of us think of as San Francisco.)

Venture Capital investment per capita

 

The comments are fascinating and generally miss the point. One in particular, called Richard unethical, although it was from “WithheldName” (also known as Anonymous Coward).

“It’s totally unfair to make Boulder separate from Denver. Combine Boulder and Denver. It’s called the Denver-Boulder Metropolitan Statistical Area for a reason. Was Cambridge separated from Boston? Of course not. The author was from Boulder. This data was slanted to Boulder. It was totally unethical.”

This particular person doesn’t understand that Boulder and Denver are separate startup communities. In contrast, Cambridge and Boston are one startup community, consisting of six startup neighborhoods (three in Cambridge, three in Boston, all within a 15 minute drive of each other, even in traffic.)

More importantly, the author of the article wasn’t from Boulder. I’m from Boulder. I didn’t write the article – Richard did. And – he was pretty clear about all of that, so our friend needs to rethink his definition of the word “unethical.”

That said, the more interesting study is by zip code, not by city or MSA. Mixing MSAs and cities creates a comparison that isn’t precise. And Richard acknowledges this:

“I’ll continue to track the evolving geography of start-ups and venture capital in future posts. Next week, I’ll look at the economic, demographic and social characteristics of metros that are associated with venture capital and start-up activity. In future posts, I’ll delve more deeply into all of this, using detailed data by area code and zip code level to tease out the changing geography of venture capital and start-up activity and its distribution across cities and suburban areas.”

I think the real magic in the analysis around entrepreneurial density will happen at the zip code level on a per capita basis. Look for 80302, 02139, and 10003 to show up high on the list along with some starting with 94xxx.


I stopped travelling mid-May (I arrived home in Boulder from San Francisco on 5/17). I’ve decided not to travel at all for the rest of 2013, except for three personal trips (my parents 50th anniversary, Amy’s birthday, and my birthday.) After travelling 50% – 75% of the time for the last 20 years, I needed a break.

It has been awesomely mindblowingly great to not travel.

I’ve had three other periods of extended no-travel in the last 20 years. I stopped travelling for three months after 9/11. Two summers ago Amy and I spent 60 days together in Europe (half in France / half in Tuscany) just living (no travel). Last summer we spent 90 days at our house in Keystone. It’s clear I had a taste of this, but nothing like where I am right now.

Even though it has only been seven weeks, when I look forward to the rest of 2013 I feel huge amounts of open space and time in front of me. I know this has helped me come out of the depression, which I just wrote about in an article in Inc. Magazine, that I struggled with for the first part of this year.

But it’s more profound than that. In a few short months, I’ve changed my work pattern a lot. I feel so much more rested and alert. When I’m doing something, I’m in the moment. The companies I’m an investor in are all over the place, but I feel like they are actually getting more of my attention because I’m not being torn in a zillion different directions.

I don’t feel like I’m constantly trying to jam in the “work” around all the friction time – in airports, in taxis and cars being driven to things, before I head out to yet another dinner on the road, or late in my hotel before I go to sleep. My environment is familiar and comfortable and things just flow.

I’m mastering video conferencing – I’ve now got every configuration a human could need. I figured out three big things that solve for 99% of the strangeness of it.

  1. Make your video conference full screen – don’t have ANYTHING else going on your computer other than what is in the meeting.
  2. Use a BIG monitor – seeing heads that are normal size makes a huge difference.
  3. Make sure your audio and video are on channels with enough bandwidth. Shift to a conference call for audio while keeping video up if you are having performance issues.

I’ve also started using my Mezzanine video conferencing system extensively – it’s just incredible. More on that in a separate post.

I love Boulder and I’m finding myself running a lot again. It’s hard to run as much as I’d like when I’m on the road – early morning meetings, fatigue, and being in random places gets in the way. But here, I just put on my shoes and head out the door for one of my favorite trails. With or without Brooks the wonder dog.

On that note, I think I’ll go for a run right now.


As we enter the 5th year of Gluecon, I’m very excited to see it come together. Eric Norlin has been saying year after year that his goal is to make Gluecon “the most technical, developer-focused conference” out there and I love watching him try.

You can check out the most recent agenda here, but some of the sessions that are indicative of what Eric’s talking about include:

  • Building a distributed data platform with Node.js, Storm, Kafka, and ZeroMQ
  • An Enterprise Mobile Reference Architecture
  • Building using Netflix’s Open Source Architecture (a 4 hour workshop)
  • Using Swagger to Build a Great API Interface
  • The Pros and Cons of Choosing Go
  • Availability During Cloud Outages: Multi-Regional, Self-Healing MySQL
  • Node.js is for APIs

Beyond the content, I can personally testify that you’ll find an amazing group of people to hang out with, a truly welcoming atmosphere, and the best conference wifi you’ll find anywhere. Plus, it’s in Boulder at the beginning of summer!

Be sure to grab the early bird price (which ends April 7th) while you can — and use “brad12” to take an additional 10% off.


I’m psyched to see Xconomy launch their Boulder/Denver edition.

Bob Buderi, Xconomy’s CEO, talks about how it came together in his post Announcing Xconomy Boulder/Denver—7th Region in Our Network. Boulder/Denver joins the other six regions – Boston, Detroit, New York, San Diego, San Francisco, and Seattle – and is now part of the broad and expanding coverage that Xconomy is providing on business, life sciences, and technology news.

I’m especially glad that Xconomy hired Michael Davidson as the Boulder/Denver editor. I’ve known Michael for a number of years and have always found his writing and reporting to be insightful, detailed, and thorough. Of all the local tech writers, I think he’s the best and I’m glad he’s leading the charge here for Xconomy.

When this project started it was originally Xconomy Boulder. David Cohen and I quickly realized that a Boulder/Denver edition was much stronger and enlisted several Denver-based friends like Eric Mitisek and Bart Lorang (who lives in Boulder but has his office in Denver) to help rally some Denver-based entrepreneurs to help make this happen. One of our original goals with Startup Colorado when we launched it a a year and a half ago was to more effectively link the Boulder, Denver, Fort Collins, and Colorad Springs startup communities. This is another effort to that end.

There first few articles are up, including:

There’s a lot more coming. I hope you make Xconomy a daily read. If you are interested in supporting the effort, just drop me a note and I’ll connect you with the right people.


Xconomy is coming to Colorado – specifically Boulder and Denver. They are looking for a writer for the Colorado beat. See the request below.

As Xconomy moves forward in Boulder, Denver, and beyond, we’re going to need someone in the Front Range with the right mix of enthusiasm, creativity, versatility, knowledge, and who also happens to be a top-notch writer. The job will probably be part-time at first, hopefully building quickly to full time as we build our business in Colorado. Our ideal candidate will be a resourceful researcher and fearless interviewer, with the ability to write swiftly and the experience to produce breaking business news stories, longer features, profiles, and bloggy posts on a daily schedule.

We want someone who can work independently, but in close coordination with the team at Xconomy. (You can learn more about us here.) We also give high marks for a sense of humor, and those who show a talent for Web publishing tools and social media.

If this sounds like you, write us at jobs@xconomy.com. Tell us about yourself, your knowledge of the Colorado innovation scene, and why you think you’d be a great fit with Xconomy—and don’t forget a resume and clips.

If this is you, send a note right now to jobs@xconomy.com.


David Cohen just put up The Hitchhiker’s Guide to the Boulder Startup Community. It’s a short presentation that you can look at below and is a great way to get a lay of the land in the Boulder Startup Community.

This will be an organic document so if you are doing something that you want us to add, just leave a note in the comments and we’ll update the doc.


I’ve been a huge fan of Xconomy since its debut several years ago. It’s been a refreshing resource for a bunch of startup communities, including Boston (where it started) and Seattle. Over time they’ve added New York, Detroit, San Francisco, and San Diego and are now considering expanding to Boulder / Denver (I encouraged them to combine both as each city is on fire and there’s no reason not to link them together at this point.)

We (my partners and I at Foundry Group and David Cohen at TechStars) are helping them get enough initial sponsors to bring on a full time writer in the Boulder / Denver area. The sign up for the Bring Xconomy to Boulder/Denver page has all the details.

Companies who have already signed up include Application Experts, Foundry Group, FullContact, GoSpotCheck, Gnip, Linksmart, Orbotix, PaySimple, PivotDesk, Precog, Rally Software, SendGrid, Simple Energy, SnapEngage, Standing Cloud, Swiftpage, Sympoz, and TechStars.

Come join us, sign up as a founding sponsor, and help get a great new resource covering the activity in our startup community.


In the Startup Communities, I talk extensively about leaders and feeders. I assert than anyone in the startup community should be able to start / create / do anything that is helpful to the startup community. They don’t have to ask permission – there is no VP Activities in a startup community. I also talk about how the students are the precious and most valuable resource of a university.

This morning I got the following email from Fletcher Richman, a student at CU. It’s a perfect example of what I’m talking about and it is immediately actionable for every entrepreneur in Boulder and Denver.

Dear Founders and Friends,

As students at CU Boulder, we have noticed that there are many startups that would love hire more interns and full time employees from the university, and lots of students would love to work at a startup. However, there seems to be a disconnect between the two.

We would like to fix this issue. We have created a simple form to get a better idea of the positions available for students at startups that we would greatly appreciate if you could fill out:

I’d like to hire some CU Students!

The data from this form will be used for two things:

1) To help start an online startup jobs and internships board for students that we are currently building. 

2) To build a contact list of companies for the Students2Startups fair early next year, which will be bigger and better than ever before!
Thank you so much for your help! Please let us know if you have any questions.

Sincerely,

CSUAC and AECU

So – what are you waiting for. Go sign up to hire some CU Students!


Please ask Boulder City Council to vote NO on proceeding with inadequate decision criteria November 15.

There is a critical vote in Boulder City Council on this Thursday, 11/15, about the “Off Ramps” in the exploration to explore the municipalization of Boulder’s power system. My understanding was that this was still in an exploration phase. Apparently, this particular vote is to effectively eliminate the “off ramps” that would potentially cause Boulder not to municipalize in case it wasn’t economically feasible.

My partner Jason wrote an important post yesterday titled Boulder It’s Time to Get Serious About Our Energy Situation – Call City Council. His key finding in his early exploration was:

This Thursday, on November 15, 2012 the City Council will vote on these off ramp metrics.  In other words, this is the framework they will rely on to determine whether or not Boulder is going to go-it-alone on power.  And I feel these metrics are very flawed and bias the decision to separate, rather than unbiased to get us to the correct decision.  I’ve spent time with several folks in the community who are experts on these matters and who are spending their own time and money analyzing these metrics.  They are convinced they are flawed and I’m convinced their scientific method is sound.

Please send an email to Boulder City Council immediately (send the email to council@bouldercolorado.gov) that you do not support a vote for adequacy of the “off-ramp” decision metrics proposed by Heather Bailey (which are the current metrics).  They do not represent our risks of greatly increased electric rates, reduced reliability, and unsupportable bond debt due to creating a Boulder municipal power enterprise.

Please vote NO on proceeding with inadequate decision criteria November 15.

For more detail, take a look at the thorough presentation by Roger Koenig.