I’ll be part of a fireside chat with Rodney Sampson (CEO, OHUB) and Ben Hecht (CEO, Living Cities) where, among other things, we’ll discuss the introduction of Racial Equity Pledge.
Rodney is one of the dozen or so Black colleagues that I reached out to and talked to over the last two weeks to learn more about what I could get involved in and immediately support with time and money. Ohub is one of those organizations and I’ve already learned a lot from Rodney, such as several different ways to think about changing the equation around racial inequity in tech. A framework I got from him that I immediately related to is his Economic Development Pyramid.
Rodney did an interview with CNBC several weeks ago that lit me up with enthusiasm for working with him.
Foundry Group is closed on Friday in celebration of Juneteenth. We had an email thread go around yesterday among the entire team discussing what we are doing tomorrow, which includes attending a number of Juneteenth events, along with reading and reflecting on racial injustice.
If you are available and interested, please join us for the Juneteeneth 4.0 Celebration.
EforAll’s mission is to accelerate economic development and social impact through inclusive entrepreneurship in emerging communities. They are focused on fostering small business development and entrepreneurial activity amongst under-networked and under-resourced populations in communities that have been traditionally overlooked for economic investment.
The decision to support EforAll was easy for us as they focus on two distinct issues that we care about: building entrepreneurial ecosystems and supporting underserved entrepreneurs. Their metrics speak for themselves as their entrepreneurs have been: 57% unemployed or underemployed (when they started the program); 70% female; 41% immigrant; and/or 55% minority.
They also locate their programs outside, but near, communities that are traditional hubs for entrepreneurship. In Massachusetts (where they are based), they run programs in cities like Lawrence, MA, and Lowell, MA – both recovering factory/mill towns that lost their economic driver years ago when most of the factories closed down. In these two cities, EforAll has launched more than 130 small businesses and startups which have created almost 400 jobs in the community.
While there’s been tremendous growth in Colorado, it has been uneven across the state. We believe the importance of investing in the types of entrepreneurs and communities that EforAll works with is crucial, especially as the wealth inequality gap in our country continues to grow.
I’m particularly excited that EforAll has decided to launch their first Colorado site in Longmont. I’d like to invite you to come to an event on April 17th from 8:00am-9:
If you are interested in getting involved or supporting the effort, email Harris Rollinger who is the Executive Director of EforAll Colorado.
I will be discussing the challenges of entrepreneurs around mental health issues and how the stigma associated with it creates an additional layer of difficulty. I’ll also share my own story around mental health issues and talk about the power leaders have to influence culture, particularly as it pertains to mental health in the workplace.
There are a few tickets left so if you are interested please register and join us.
Ask yourself the following question: Why is there stigma associated with mental health but not with diabetes or cancer?
I felt no joy as I struggled with depression and the stigma that came with it. When I first had a major depressive episode in my 20s, I was ashamed, embarrassed, and incredibly secretive about my struggles. Over the years, the help and support I received inspired me to work to erase the stigma that comes with mental health issues, especially in the workplace.
As we move to change the image of mental health and educate people around it, I encourage leaders to engage in “Mental Fitness” – if you want to be a great leader you need to invest not only in your physical and intellectual fitness but also your mental fitness. This holds true for every member of the team and needs to start at the top of an organization.
AllHealth Network is a 62-year-old Englewood-based non-profit healthcare organization that provides a full spectrum of mental health and substance use services in 10 unique settings. AllHealth Network serves more than 17,000 clients annually, offering counseling for individuals and families, group therapy and substance abuse treatment in addition to a myriad of resources for leaders in business and their employees.
As part of its Like Minds movement, AllHealth Network launched a CEO/Leadership Pledge which calls on business leaders to support workplace mental health. They are also introducing “In My Mind…” – a campaign comprised of a collection of photo essays with insights expressed from the mind of a person personally touched by mental health challenges, whether direct or indirect. These faces and voices reflect a range of human diversities, acknowledging that no one is left untouched and this human experience can unite us.
Like Minds…Leaders Take Action will be held on Jan. 31 from 5 to 8 p.m. at History Colorado. To purchase tickets, please visit http://www.allhealthnetwork.org/like-minds-brad-feld.
I’ve talked openly about my struggles with depression over the years and have engaged deeply in an explorations of entrepreneurship and mental health through several different organizations I’m involved in.
On February 16th, from 3pm to 5pm, I’m doing a free public event with the Carson J Spencer Foundation about entrepreneurship and mental health. For some quick context, they did a short intro video with me on the topic.
If you are interested in participating, please register and join us on February 16th at the Museum of Boulder.
Frank Gruber, a long time friend, recently released a book, Startup Mixology: Tech Cocktail’s Guide to Building, Growing, and Celebrating Startup Success.
The book is filled with a bunch of great stuff for any entrepreneur. Each section has a story, actions to take, the harsh reality, and suggestions for how to enjoy the journey. For a sense of the book, take a look at how it is structured and the table of contents.
Frank is going to be in Boulder in a couple of weeks and I’m hosting a book launch party for him. I’ll sit down with Frank for the better part of an hour to talk about our views on how to celebrate the act of entrepreneurship. We’ll then hang out for a while.
The event is on 10/16 at 6:00pm. Pick up a ticket here.
The ticket costs a few dollars and every single one of those dollars goes to Entrepreneurs Foundation of Colorado. Everyone who attends is getting a copy of the book, which I’m covering.
If you are not in Boulder or can’t make it to this event, grab a copy of Frank’s book here. It’ll be worth your time.
A couple of weeks ago, I wrote about an event a bunch of us in the Boulder startup community are putting together called #BoulderWin, a celebration for the sale of Gnip to Twitter. Instead of having a secretive closing dinner for a small number of folks, we are going to have a big party to welcome Twitter to town.
#BoulderWin is happening on June 4th from 7pm – 10pm at the Boulder Theater.
You must register to attend and tickets cost $20 per person. All of the proceeds are going to Entrepreneurs Foundation of Colorado. There are a limited number of tickets available and it’s first come first served.
In addition to the proceeds from the sales of the tickets, I’ll be matching the $4,000 with a personal gift of $4,000 from me and my wife Amy Batchelor to the Entrepreneurs Foundation of Colorado. And, my partners at Foundry Group are sponsoring the event, along with a bunch of other local companies including:
These companies represent a big part of what makes Boulder such a great place for entrepreneurs. Thanks for everything you do!
Once again, you can get your tickets here.
When I was working on Startup Boards: Getting the Most Out of Your Board of Directors I spent a lot of time thinking about my ideal board meeting. I also spent a lot of time thinking about why boards are ineffective and what you – as an entrepreneur – can do to change the dynamic of an ineffective board (other than firing your VCs, which is hard to do.)
On March 6, from 5:30pm – 7:00pm at CU Law School, I’ll be doing a Crash Course on Startup Boards. I’m being hosted by my friends at CU Law Dean Phil Weiser and Brad Bernthal (head of the Entrepreneurship Initiative).
I’m going to cover three things and then do Q&A.
- How an Ideal Board Meeting Works
- Top 10 Things A Board Can Screw Up
- How To Fix A Broken Board
I’ll give real examples from my experience as a board member on hundreds of boards.
I hope to see you there.
Larry is one of the originals in the Boulder biotech scene, having founded numerous successful companies including NeXagen (acquired by Gilead) and Synergen (acquired by Amgen). He’s been a professor at CU Boulder since 1980 and was the chairman of the Molecular, Cellular and Developmental Biology Department from 1988 to 1992. So – when you think of the evolution of the Boulder startup community around life sciences, Larry has been involved since the beginning.
I’ve gotten to know Larry over the past few years through a few different vectors. He and my dad (Stan Feld) have become friends and my dad participates in Larry’s annual GoldLab Symposium. He and I have spent some 1:1 time together and I’m blown away by how similar some of our values and deeply held beliefs are. In Larry, I’ve definitely found a mentor and someone whose path I can learn from as I get older.
Next week on February 18th, I have the honor of having a conversation with him as a part of the Silicon Flatirons Entrepreneurs Unplugged series. He’ll be telling his story, and with the help of the audience, I’ll explore his background that resulted in a successful career. I encourage you to join us.
I’ll be speaking at an Impact Angel Group event on February 12th. With a few other angel investors, I’ll be talking to other angel investors, along with prospective angel investors, about the role of impact investing the community, as well as in our own portfolios.
Among other things, we’ll discuss our angel investment strategies and openly share things like the percentage of our wealth that we allocate to angel and impact investing. We’ll also talk about how we balance our impact, risk, and financial goals. Finally, I’ll also discuss our experience with FG Angels and AngelList, along with the angel investment strategy I’ve used over the past 20 years.
I deeply believe that one of the best ways to accelerate a startup community is through more seed investing in new startups from local angel investors. We’ve seen a great increase in the number of angel investors in the Boulder and Denver area over the past seven years. Hopefully that trend will continue, as more people who have some wealth allocate a portion of it to making early stage investments in new, high risk, high potential startups.
While First Western Trust Bank (a local Boulder/Denver bank Amy and I work closely with and admire) is one of the sponsors, there is an additional cost to the event. If this was aimed at entrepreneurs, this wouldn’t be ok with me, but since it’s aimed at angel investors, I’m fine with it. In addition, the cost is really the cost of a normal lunch after the $30 discount to Feld Thoughts readers. None of the money goes to me – it’s just to cover the cost of the event.
The details are below.
When: February 12, 2014 from 11:30am to 1:30pm
Where: The St. Julien in Downtown Boulder
Cost: $75 – Sign up by 1/27 and use the promo code “FELDTHOUGHTS” for a $30 discount. (Ticket sales go toward covering the cost of the event.)
Registration: Sign up
If you are an angel investor, or a potential angel investor and this interests you, I’ll see you there.
The Entrepreneur’s Foundation of Colorado, the Living Green Network, and Mocavo are hosting a roofdeck bash on Halloween to benefit first-responder families and local farms devastated by the recent Boulder-area flood. Let’s rally the entrepreneurial community together and raise some money for those in need. I’ll be there to support the cause and would love for you to join me.
Cliff and the Mocavo gang are opening a one-night-only bar in downtown Boulder in the name of charity. Anyone who’s been to Boulder on Halloween knows it tends to be a pretty wild night, especially when it’s on a Thursday. Between the gong for donation milestones and the flatscreen broadcasting the money raised, it should make for a fun event. Donations made by employees of local companies will also optionally join a company leaderboard for some healthy competition.
Existing sponsor list includes KKO, Silicon Valley Bank, and Goldman Sachs. More sponsors are welcome – a restaurant sponsor would be great.
Register for the free event at EventBrite (link to https://halloweenfloodrelief.