Tag: cu boulder
I received a Silicon Flatirons email from Phil Weiser this morning in his role as Silicon Flatirons Founder and Executive Director. My partners and I, especially Jason Mendelson, have been very involved with Silicon Flatirons over the past decade. I have a chapter in Startup Communities that uses CU Boulder – and specifically Silicon Flatirons – as an example of a much better way than the traditional approach (circa 2012) for a university to engage with the startup community.
One of the key leaders in this activity is Brad Bernthal. While BradB has become a close friend over the years, I think that he doesn’t get anywhere near the recognition he deserves for his endless and tireless engagement in and across the activities of CU Boulder + the Boulder startup community. It made me extremely happy to see Phil’s email and I decided to reblog it because I think it does a great job of highlighting some of the specific things that a professor like BradB can do to impact the startup community from a role in a university.
BradB – thank you for everything you do. You are awesome. Phil’s note to the Silicon Flatirons community follows.
Silicon Flatirons continues to support a range of entrepreneurship activity. Just consider what we have done over the past month or so: Crash Courses on GDPR compliance and how startups can sell products to large enterprises; student attorneys helping area startups through the Entrepreneurial Law Clinic; a candid interview by Krista Marks with David Brown and David Cohen of Techstars (recording here); an intellectual feast in the entrepreneurship conference and academic workshop examining the concept of “#GiveFirst” (recording here); and tonight‘s kickoff for our New Venture Challenge Information Technology (IT) track.
Supporting entrepreneurs in our community is a central part of our mission. The person who leads this initiative is Brad Bernthal, our Entrepreneurship Initiative Director. After building up our leadership in this area, we formally established this initiative with Brad at the helm in 2008. It is hard to overstate Brad’s impact on campus and in the community over the last decade. In addition to events that convene entrepreneurs, investors, mentors, students, and academics to learn from one another, as well as Brad’s extraordinary commitment to mentoring, his scholarship merits notice and praise.
After seeing it firsthand, Brad was intrigued by the well-regarded entrepreneurial ecosystem in Boulder. How does it work? Why do people get involved? Why do people contribute without knowing what they might get in return? Brad’s scholarship has focused on this important aspect of our economy. Brad is currently studying finance instruments used in startup investment and has two forthcoming articles on this topic. Just prior to this, his published research focused on generalized exchange within investment accelerators, the first legal scholarship about how accelerators work.
In addition to leading the Entrepreneurial Law Clinic that aids the startup community, Brad co-teaches a venture capital course at Colorado Law, along with Jason Mendelson of Foundry Group. Brad and Jason are now in their tenth year of teaching the VC course, which attracts a cross-campus mix of JD, MBA, and engineering graduate students. The course is so valued that students established an endowed scholarship fund in Brad’s name and created a separate campus entrepreneurship gift in Jason’s honor.
Brad is one of the leaders of the CU Boulder campus-wide entrepreneurship and innovation effort. He continually strives to connect the university and surrounding startup community. He collaborated with others on campus to launch and drive the New Venture Challenge for nine years. They successfully handed over the reins to campus leadership last year, and Brad continues to support the effort through the IT track, which Silicon Flatirons hosts.
And when he’s not doing all of the above, he is, well, giving first. He averages close to 400 1-on-1 coffee meetings each year with those in their entrepreneurial journeys. He also serves as a Techstars mentor and is on the Colorado Venture Capital Authority Board, which oversees the State of Colorado’s venture capital fund.
Brad embodies the spirit of collaboration: giving to and supporting others. It’s a privilege to have him as a core member of the Silicon Flatirons team.
One of my favorite public events is the CU Boulder Silicon Flatirons Entrepreneurs Unplugged series. I was the co-host for the first couple of years, sharing the interview job with another Brad (Bernthal) who now is generally on his own.
On Thursday, 9/13/18 at 5:30pm, Bernthal will be interview David Cohen and David Brown, the co-CEOs of Techstars (who we often fondly refer at Foundry Group as the “the David(s).” The event will be held at the CU Boulder Law School.
If you know the David(s), I expect this will be a treat as I know Bernthal will start with their early entrepreneurial career (Pinpoint) and stick with it for a while. While many people know the Techstars story, the PinPoint story is much less well known but equally fascinating. And, if you need any hints on Q&A (which Bernthal always leaves time for), just drop me a note.
Tonight, the New Venture Challenge at CU Boulder is having its 10th anniversary. It’s happening at the Boulder Theater from 5:30 pm – 7:30 pm and is open to the public. Register here to attend if you are interested.
My partner Jason is leading the judging panel, which includes:
- Abby Barlow, partner and director of Investment Research at Crestone Capital
- Stephanie Copeland, former president of Zayo Group and current executive director of the Colorado Office of Economic Development and International Trade
- Anthony Shontz, managing director of Private Equity at Partners Group
Dan and Cindy Caruso and Amy and I contributed the prizes, which total $100,000.
A decade ago the creation of the NVC was inspired by the MIT $100K Entrepreneurship Competition. I was involved in the early years (1992 – 1996) as a judge and funded a number of companies that went through the MIT $100K (which was called the MIT $10K at the time.) The entire experience was foundational for me, both as an entrepreneur and an early angel investor (I started investing in 1994 after I sold my first company at the end of 1993.)
Over a decade ago, Brad Bernthal and Phil Weiser were putting real energy into Boulder Startup Community. I discuss their efforts, and impact, in my book Startup Communities (which was published in 2012). One of the things I suggested was doing something like the MIT $100K. I remember a longish discussion with Brad Bernthal and my partner Jason about the history of it and how it unfolded over the first decade.
Bernthal and Jason grabbed this and ran with it. A decade later, that discussion now seems like ancient history. But, for anyone who knows my rant about having a long-term view around startup communities (at least 20 years), we are now 10 years into the NVC journey. And, it has really hit its stride.
I’m excited about tonight’s event and am really looking forward to seeing the companies compete! I hope to see you there if you are in Boulder.
Bobby Schnabel has returned to CU Boulder as the College of Engineering and Applied Science faculty director for entrepreneurial leadership, external chair of computer science, and campus thought-leader on computing.
I first met and worked with Bobby in the mid-2000s at the National Center for Women & Information Technology (NCWIT), where he was a co-founder and on the board with me. Bobby is awesome and I’m really psyched he’s back in Boulder at CU.
While you may not know Bobby, this is a huge add for CU Boulder and the Boulder Startup Community. Bobby has a long history with CU Boulder. He was on the computer science faculty of the University of Colorado Boulder from 1977-2007, and Vice Provost for Academic and Campus Technology and Chief Information Officer from 1998-2007, and founding director of the Alliance for Technology, Learning and Society (ATLAS) 1997-2007.
In 2007 when he left CU Boulder to become the Dean of the School of Informatics and Computer at Indiana University I was bummed for CU Boulder (but happy for Bobby and Indiana University.) When he joined the Association for Computer Machinery as CEO in 2015, I had the sense in the back of my mind that he might make his way back to Boulder at some point.
Bobby is returning to CU Boulder to strengthen the partnership between the incredible tech business and startup community we have in the Boulder area and in Colorado, and the tech-programs at CU Boulder.
Welcome back, Bobby! And, if you are in the Boulder Startup Community and want to connect with Bobby at some point, just give me a shout.
The 2017 applications for the Colorado Global EIR are now open through April 15, 2017.
The Colorado Global EIR program is a way for experienced international entrepreneurs to receive an H-1B visa, allowing them to work in Boulder. They must commit to working 20 hours per week at CU Boulder (supporting cross-campus entrepreneurial activities), and of course, will be paid for doing so.
In their spare time, we encourage GEiR (Global Entrepreneurs in Residence) to either establish their existing company, create and launch a new company, co-found a new company or join a local startup here in Boulder. This will allow them to retain their H-1B status and thus remain in the U.S.
Any entrepreneur with a college or graduate school degree, and with a track record (or a very strong interest) in entrepreneurship, technology commercialization, and leadership is a good candidate You will work part-time on the CU Boulder campus for 20 hours per week, supporting the CU Boulder entrepreneurship and commercialization efforts, including the New Venture Challenge, a range of teaching and extracurricular activities, and Catalyze CU.
You also get to start and grow a new company in the supportive, collaborative, and dynamic entrepreneurial community of Boulder, Colorado.
GEiR terms will begin September 2017 (or once visas are approved) on a one-year basis, with a potential opportunity for renewal up to two additional years.
You can apply for the Colorado Global EIR 2017 or email email@example.com.
In the fall of 2007, my friend Phil Weiser, Executive Director of CU Boulder’s Silicon Flatirons Center, convened 25 leaders from CU Boulder and the Boulder / Denver startup community. We spent an afternoon talking about the idea of an entrepreneurial university. Phil called the meeting a Roundtable, even though the table was long and rectangular.
The discussion that day was heated. Some in the room that day questioned whether entrepreneurship should – or even could – be a significant part of CU Boulder. Others made the case for entrepreneurship. Few of us anticipated the level of follow up from that discussion and the report that emerged set the stage for a lot of activity at CU Boulder over the ensuing decade.
One of my suggestions at the 2007 Roundtable was to borrow some ideas from the MIT 100K competition, which was started in 1989 as the MIT $10k. I got involved as a judge in 1993 and was active through 1997 with occasional visits to the finals in subsequent years when I was around Boston. When I reflect on my investment activity, including companies that went through the MIT 10K (NetGenesis, Harmonix, abuzz, and a bunch of others), I probably should have just invested $25,000 in every finalist company over the last 25 years.
In 2008, a group of student and faculty volunteers from CU Boulder launched the CU New Venture Challenge. Nine years later, the CU NVC today provides a platform for anyone – faculty, staff or student – who wants to start a company. The NVC integrates the campus by including all schools and departments. Mentors from the Boulder / Denver startup scene are deeply involved and many companies are emerging from the NVC, including Revolar, Pana, and Malinda.
Amy and I have decided to help take the NVC to the next level. Our foundation (the Anchor Point Foundation) is teaming up with the Caruso Foundation (Dan & Cindy Caruso) to offer a $50,000 investment prize offered to the “Most Fundable Company” at the 2017 NVC 9 Championships. This is in addition to the $25,000 prize money that the NVC already has available. Jason Mendelson will select and announce the Most Fundable Company winner, who can elect to take investment in the form of a convertible note, at the NVC 9 Championship.
So, the CU NVC is now is $75k competition. Next step, $100k … Finals are Thursday, April 6, at 5:30pm.
Thanksgiving is a pensive time for me. The world slows down a little as it gets ready for the mad dash to the end of the year. Four day weekends are rare in the United States and even though the retail world is extremely busy on Friday, my Thanksgiving has a very different tempo as the email slows to a crawl, the calendar becomes empty, and Amy and I generally have a lot of hanging out time.
I’ve always thought Givingthanks should be a neologism but it never seems to stick, so I’ll roll with Thanksgiving. For the next few days as we celebrate Thanksgiving, I’m going to publicly thank a few people in my world who mean a lot to me and have given an enormous amount of themselves to others. I’m also going to give you a way to say thanks by supporting something meaningful in their world.
I’m going to start with my partner Jason Mendelson. We’ve worked together since the late 1990s, which is now pushing up against two decades. He’s become one of my closest friends and confidants. I was honored, with my other partners Seth and Ryan, to be the best men in his wedding. We have our moments, but the long arc of our relationship is one I treasure.
I’ve watched Jason have a remarkable positive influence on many. But I know that one of the activities he’s proudest of is his involvement with CU Boulder, especially around entrepreneurship. Among many other things, he has taught a class on Venture Capital at CU Law with Brad Bernthal. Last month, a group of their students put together the Jason Mendelson Entrepreneurial Award Fund.
Think about that for second – CU students and alumni of his course has put together a scholarship / award fund. That’s a testament to how much the class – and Jason’s involvement in it – impacted them. The initial fund has $50,000 in it and provides cash awards, scholarships, or stipends to students enrolled at CU Boulder who demonstrate excellence in the field of entrepreneurship.
Ok – so here’s how you can give thanks – to me or to Jason. You can contribute any amount to the Jason Mendelson Entrepreneurial Award Fund online. It’s a charitable gift and it will be helping support a student at CU around entrepreneurship.
Jason – on this Thanksgiving 2016, thank you for everything you do to make the world a better place.
Applications are open for the second group of Colorado Global Entrepreneurs in Residence. If you are interested in applying send a resume and a cover letter, including a statement of interest, to GEIRfirstname.lastname@example.org.
The Global Entrepreneurs in Residence (GEIR) Program brings international entrepreneurial talent to the CU-Boulder campus and community. GEIRs work across the CU-Boulder campus mentoring students in a wide array of projects requiring an entrepreneurial mindset. GEIRs guest lecture in classrooms, advise on entrepreneurial research, and provide mentorship to CU community members developing their own startups.
We currently have three Colorado Global EIRs.
We are looking for entrepreneurs with a college or graduate school degree, and with a track record in, or a very
strong interest in, entrepreneurship, technology commercialization, and leadership.
We expect we’ll accept another three EIRs in this group.
Amy and I are proud to be supporting the Global EIR program and the Global EIR Coalition (which I’m on the board of). While Colorado is one of three states to have a program (the others are Massachusetts and New York) we are about to launch a few other states, including one I’m particularly excited about.
If you are interested in getting involved and bringing the Global EIR Coalition to your state, send me an email and I’ll connect you with the right person. If you are interested in applying to be part of the Colorado GEIR program, apply by email at GEIRemail@example.com.
I’ve been working on the Startup Visa since I first wrote about it on 9/10/2009 in my post The Founders Visa Movement. While there has periodically been improvement on the margins on the issue, I think our federal government has broadly failed us on this front.
So, I’m going to try something different. Yesterday, CU Boulder announced a new Entrepreneurs in Residence program to be administered by the Silicon Flatirons program. While the program is open to any entrepreneur, including those in the US, we are particularly focused on international entrepreneurs.
Through extensive work with Craig Montuori and leadership from Phil Weiser, the Dean of CU Law and head of Silicon Flatirons, we’ve come up with a neat approach that follows from the work that was done in Massachusetts, led by Jeff Bussgang and others, and originally approved as a major state initiative, only to see its funding pulled back after the recent election cycle.
The program in Colorado follows a similar approach with one major difference. It’s privately funded and doesn’t rely on anything from the state. My wife Amy Batchelor and I are putting up most of the funding for the first year program. It’s a major gift from us and more of me trying to put my money where my mouth is on issues I care about.
In the next 12 months, we’ll have four EIRs as part of the pilot program. They will be employed by CU Boulder for 20 hours per week and will receive a stipend of $25,000 per academic year (which starts in July). We’ll cover the cost of the H1-B visa if necessary, which is easy to acquire because H1-B visas for universities are uncapped.
Importantly, consistent with university policy and applicable law, entrepreneurs in the program will be free to work on their existing entrepreneurial ventures or start a new company.
We have a broad model for engagement in Boulder for new entrepreneurs. Between Techstars, Galvanize, Silicon Flatirons, the Blackstone Entrepreneurs Network, and many other accelerators, there will be significant mentorship opportunities. In the summer time, they’ll be part of Startup Summer (run by Startup Colorado in conjunction with Silicon Flatirons) along with being paired with a new MIT MBA Summer Internship in Boulder that I’m about to roll out (ah – foreshadowing…) And, with our broad #GiveFirst attitude across the startup community, they’ll be welcomed with open arms.
I’ve gotten worn out on the federal level immigration fight. I’m happy to continue to participate in advocacy for change around visas for entrepreneurs, but I’ve decided to focus my energy, and money, on exploring and experimenting with state-oriented solutions.
If you are interested in applying for one of the four EIR slots, just drop me an email and I’ll plug you in.
Lucy Sanders, the founder/CEO of the National Center for Women & Information Technology is a remarkable person. I’ve worked with Lucy since 2005 and she’s done more advancing the cause of engaging women in IT, computer science, and entrepreneurship than anyone I know.
As a bonus, she – and NCWIT – are based in Boulder. I like to refer to them as a gem of CU Boulder that is hidden in plain site.
Next Wednesday, as part of the Entrepreneurs Unplugged interview series I’ve been helping host for the past few years, Jill Dupre and I will interview Lucy at the ATLAS Center in Room 100.
I promise you that it will be a special one. Lucy started her career as a young woman at Bell Labs in the 1970s. She was one of the only ones. When she retired from Avaya Labs in 2001, she was CTO, R&D Vice President and Bell Labs Fellow and had about 600 people reporting to her. Her journey up to this point was amazing, but she was just getting started. What she’s done in the last decade as the CEO of NCWIT is amazing.
My work with Lucy has been one of the most satisfying non-profit experiences I’ve been involved in. In addition, I’ve learned an incredible amount from her about the dynamics of women in technology, business, and entrepreneurship. She’s had a dramatic impact on my thinking and behavior and I’d love to share some of her magic with you.