Tag: stan feld
Pro Tip: If you are at CES today and want to connect, I’ll be hanging out at Eureka Park from 11am this morning (Friday) when I’m on a panel about diversity until I leave the premises at 2:30.
My dad and I left the Venetian yesterday at 8:30am to head over to the Las Vegas Convention Center. When I arrived back at the room at 10pm, I was done / baked / toasted / wiped.
For a number of years (somewhere between 5 and 9, according to the little badge they gave me), my dad and I went to CES together every year. In 2013, when I got depressed, I decided not to travel for a year. I punted CES that year and for the next few years, so this is the first time in four years we’ve done the drill.
We had a blast together yesterday. I think my dad was delirious by about 9pm when he left our party and went up to the room. And hour later when I checked in on him before going to sleep, he was flat on his back in bed pretending to be awake but was clearly out for the count.
We started at the LVCC. I saw a tweet from Dan Primack saying the North Hall was basically indistinguishable from the Detroit Auto Show. He nailed it – it was basically a takeover by the worldwide auto industry with a few startups sprinkled here and there. It felt like six months ago every CEO of a major auto company sent an email to the CMO that said
“We are going to be at CES. We need to show up three things: (1) Our EV prototype, (2) A completely new in-car electronics package that looks better than Tesla’s, and (3) something about autonomous driving. Your budget is $10 million. Don’t fuck it up.”
If any of this shit comes together, we are going to have completely different cars by 2020. If you are a VC and you haven’t placed your bets on this sector yet, good luck. And if you have, make sure you are spending lots of time with big auto corp dev / M&A people.
If you’ve been following any news about CES, you know that it’s been a huge Alexa takeover. Amazon’s move in the home is brilliant. I love Alexa and I’m amazed at how far ahead Amazon suddenly is. When I think of all the money, time, and energy Microsoft, Apple, Google, Nintendo, Sony, Samsung, and LG have spent in the home, I have one word for them. “Wasted.” As far as I can tell, I’ll be talking to Alexa in the future a lot more than I’ll be saying “Ok Google”, especially when I’m talking to a Samsung TV.
Several times an hour I bump into someone that I like. That’s one of the fun parts of CES – you are surrounded by 180,000 of your fellow nerds and you bump into Dick Costolo on the way to dinner. I ended up in a fifteen minute conversation with Josh Ellman. I could list another 20 serendipitous connections in random places but you get the idea.
After wandering through the Sphero secret rooms in their booth, I told my dad I thought it was the best booth experience I’ve ever had. Way more awesome than yet another random shag carpet open space with marketing displays.
Interviewing James Park at Eureka Park about the Fitbit story was fun. My experience with James, his partner Eric, and Fitbit continues to be one of the most rewarding and enjoyable – at all levels – professional experience I’ve ever had.
And then dad and I wandered around the Sands. It completely blew away the LVCC and was so much more interesting to me that I’m just going to spend the day at the Sands, wandering around startups, smaller companies, 3D printers, robots, and all kinds of stuff I like. There are zillions of CE startups in Sands. While 90% of them will fail, it’s pretty awesome to see what entrepreneurs are working on.
The only thing more baffling to me than the auto stuff were home robots. I think the 2017 crop of home robots at CES will be like the 2013 crop of 3D TVs. Kind of cool, but not commercially viable. We’ll get there, but it’s not this.
And – well – lots of chocolate ice cream. That’s one of the best things about Las Vegas. Chocolate ice cream is less than 0.25 miles away, no matter where you are.
Facebook can be a magical thing. I’m often frustrated about how to engage with it (I’m more of a Twitter person) but every now and then something happens that reminds me how awesome Facebook can be.
For a variety of silly reasons, I had lost touch with my best friend in high school (Kent Ellington) about 30 years ago. Last year, when I was in Austin with my college fraternity gang – about 20 of us that span three years who go someone every few years (whenever someone gets their shit together and organizes it) – Kent reached out to me and asked if I wanted to get together.
Kent and I had friended each other on Facebook a few years ago after another high school friend had died suddenly. I knew a little about what was going on in his life and expect he knew a little about what was going on in my life. But neither of us connected.
We squeezed in an hour of hanging out, which included meeting his pre-teen daughter after her ballet class. We caught up, in the way friends from long ago occasionally do, without a lot of ego and mostly just enthusiasm and empathy for the ups and downs of each others’ journey over 30 years. Not surprisingly, questions how parents and siblings were doing took up about half the discussion.
We’ve gone back and forth about a few things over the past year. I woke up this morning to a Facebook message from Kent that said “Brad – Got these photos from my endocrinologists office. His diploma is from when your Dad was President of the College of Endocrinology.” The photo follows.
I remember when my dad was president of the American College of Endocrinology. I remember the 1998 Orlando meeting and talking to him about it. I remember being extremely proud of him then. And, this morning, as I roll into my day, I’m going to carry around with me how proud I am of him for all the things he’s done, including for me, in his life.
I love you dad. Thanks Facebook. And – Kent – thank you!
Every year, my dad and I go on a father son trip somewhere for the weekend. We go wherever he wants to go. This year we are going to Chicago – I’m heading out in about an hour. In the past, we’ve gone to Las Vegas, Los Angeles, San Francisco, San Diego, Austin, Miami Beach, Las Vegas again, and a few other places.
I think Chicago will be perfect for us. Our goal is just to hang out. This afternoon we are doing the Chicago Architecture Foundation River Cruise, having a drink with my long time friend Jeff Hyman (my very first VC investment was in his company Career Central, which ended up changing it’s name to Cruel World, which was fitting for its ultimate demise), and then dinner at Swift & Sons.
Tomorrow morning I’m going for a long run, we are going to the Cubs game, getting a tour of Wrigley Field, and then having dinner at Coco Pazzo with Troy Henikoff (who runs Techstars Chicago) and his wife Kristin. We are heading home Sunday morning.
There will be a lot of chocolate ice cream. It’s our favorite food and we will have it at least twice each day.
Maybe we’ll have it three times on Saturday if they sell it at Wrigley Field.
My only regret about my father son trip with my dad is that we’ve only been doing it for a decade. I wish we had started 40 years ago. If you are a father and your son is at least ten years old, I strongly encourage you to consider this tradition. If you are a son and you are at least 20 years old, I encourage you to take the initiative and just start doing this with your dad.
My dad – Stan Feld – turned 78 years old today. He’s one of my closest friends and a life-long buddy. He always rocks a wild green outfit on his birthday.
In honor of him turning 78, following are 7 things I’ve learned from him:
- Be kind to everyone.
- Treasure you wife.
- Never lose your anger in public.
- If you aren’t standing on the edge you are taking up too much space.
- Naps are awesome.
- Chocolate ice cream is the best food in the universe.
- Learn something new every day.
and 8 things I love about him.
- Same as #7 above – he’s always learning.
- He knows how to laugh.
- He not afraid to try new things, like blogging.
- He always says what he thinks, and then see #1.
- He loves his sports car.
- Whenever we are together, we are really together.
- With his brother Charlie, he set an amazing example of brotherhood for me and my brother Daniel.
- With his wife and my mom Cecelia, he set an amazing example of marriage for me and Amy.
Dad – I love you.
I love to sleep. I’m at La Guardia heading to Aspen for the weekend. I got up at 4am to make my flight and I feel like the guy on the left.
The guy on the right is my dad. I don’t know when or where this picture was taken, but my mom sent it to me a few months ago. One of my super powers is to be able to fall asleep anywhere I am almost instantly. This is especially true on airplanes, where the pre-flight ambiance puts me immediately to sleep.
I clearly got this from my dad, who is also a champion sleeper. Whenever we are together, we eat chocolate ice cream at least once a day. And we take a 90 minute afternoon nap, which I have always felt was once of the most delightful experiences a human can have.
A few weeks before the FCC vote on Net Neutrality, I spent the weekend in Las Vegas with my dad. He recently wrote a beautiful post about his side of the experience.
Right after we got back I wrote a post about explaining Net Neutrality to him and referenced drawing a picture on a napkin as I explained how the Internet actually works and why Net Neutrality is important.
“Over ice cream (#3 for this trip) I drew him a detailed picture on a napkin of how the Internet actually worked. I rarely do this since I just assume everyone understands it. Bad assumption. It was fascinating to answer his questions, explain the parts he had wrong, and help him understand some nuances around data and how it gets from one place to another. At some point I mentioned John Oliver and Cable Company Fuckery to him.”
I assumed the napkin was long gone as I vaguely remember cleaning up the table after we ate our ice cream and throwing everything away. But, lo and behold, my dad sent me an email this morning titled “Net Neutrality Napkin.”
Dad, I’m always amazed at what you find in your pockets and the bottom of your desk drawers.
My dad is one of my best friends. I’ve known him for 47 years and other than a few relatively brief moments where we have struggled with classical father / son stuff as I was growing up and separating my identity, he’s always been a buddy, mentor, friend, cheerleader, and confidant. I’ve learned an enormous amount from him, and continue to treasure every moment I have with him.
My mom arranged a 75th birthday this weekend for my dad in San Antonio. They live in Dallas so I’m a little perplexed why we ended up in San Antonio, but when you are 75 you get to decide where you want to celebrate your birthday. So me, Amy, my brother Daniel, his wife Laura, their daughter Sabrina, and my dad’s brother Charlie and his wife Cindy descended on the Eilan Hotel. As expected, there was no shortage of confusion when there were Felds in four different rooms, but we had our usual fun tormenting the hotel staff who tried their hardest to keep us all straight.
As part of the birthday, my mom asked us all to write some thoughts to my dad about our relationship with him. She has compiled them and has them waiting for him when they arrive back in Dallas, but I thought I’d spring my thoughts on him a little early. Here they are!
Dad – as I sit here at 6:46am on 3/11/13 pondering all the amazing things we’ve done together, I closed my eyes and thought back as far as I could to some memories from my childhood. As I get older, I find that the memories fade to snippets, rather than entire concepts, but here are a few that I remember when I close my eyes and let my thoughts drift back to when I was a kid.
– Reading a little green book on endocrinology in my bedroom.
– Being in your very white and organized office at Endocrine Associates looking at all the New England Journal of Medicine books on the wall.
– Driving past the KERA building downtown in the car on the way to something with you and mom.
– Running the 1.5m loop around our neighborhood early in the morning with you.
– Sitting at the round kitchen table in those painfully uncomfortable white mesh chairs eating dinner and talking about what happened during the day.
– Having you hand me the keys to mom’s Corvette while you said “Enjoy it – be careful – don’t kill yourself.”
– Going to a store in Addison to buy my Apple II computer – I remember it was in the shopping center near where Houstons used to be.
– Driving to Frito-Lay’s data center to play on Charlie’s mainframe.
– Sitting in your study at 7310 being extremely frustrated with Hebrew a few weeks before my Bar Mitzvah.
– Sitting in our living room with all my friends who were seniors figuring out how to redesign our high school schedule, and then creating a movement to change it, so that we weren’t stuck in school all day.
– Doing algebra with you. I loved learning algebra. That was probably my favorite time in school at any point in time.
– Walking around Concord, MA with you and mom in October of my freshman year at MIT and wanting to quit because I was homesick and lonely. You told me to give it a year. I did, and by the time a year was up I was fine.
– Being pissed off at you so much that you said something like “I think it’s time for therapy” at which point I let a few days pass and then decided I wasn’t pissed off any more. This was 7th grade or something around there. I remember walking on the 1.5m loop with you as you tried to get through to me.
– Getting a huge hug from you after missing a the final sudden death playoff kick where we lost. Scott Albers (wow – where did that name come from) missed his kick – he was the star of our team – and I let the last one go by me and I cried.
– Doing rounds with you at Presbyterian and hating the way the hospital smelled. Hating the bright florescent lights. And hating the beeping noises.
– Sitting in the back of Cy Arnold’s convertible on the way to a Dallas Cowboys game.
– Getting picked up from Camp Champions when you had gallstones and just hoping we could get home so you could be ok.
– Saying something totally dumb on the CB Radio on a trip to Big Bend that caused a big backlash. I think my handle was “Teddy Bear.” You calmed me down and were very nice about it. We were with the Segals I think.
– Mrs. Waters Chocolate Cake. That stuff was awesome. I think she put drugs in it.
– Having the flu in my old bedroom and puking for a few days during Chanukah. There was a big Hefty trash bag full of stuff involved somehow.
– The first night of every trip to see your parents in Hollywood. It was one giant food orgy.
– Playing tennis with you.
– Riding in your Porsche and thinking I had the coolest dad in the world.
I love you!
My long-time friends Fred Wilson and Joanne Wilson each had powerful posts about saying goodbye to 2012 and welcoming in 2013 yesterday.
Fred’s is titled Putting 2012 To Bed. I know many people who don’t know Fred other than via his online presence, public actions, and reputations. I expect that 99% of them, when asked if Fred had an awesome 2012, would say “of course – he has an amazing life.” But my answer would have been more nuanced based on the time Fred and I spent together. I would have said “some great things happened but it was a tough and complex year for him.” Fred’s response was characteristically blunt.
“I’ve wanted to write a year end post for days. I actually wrote one and stored it as a draft. But it comes across as a whiny complaint about the shitty year that 2012 was. And it was in many ways a shitty year for me. But the reason I couldn’t publish that post is it didn’t capture the greater picture that 2012 represents for me.”
The entire post is well worth reading. As is Joanne’s titled See ya 2012. Two big stressors from Joanne’s perspective were the damage to their house with their subsequent displacement from Hurricane Sandy and the shift to being empty nesters as their third kid gets ready to go to college. Her punch line is as powerful as Fred’s.
“This year I am hoping for a constant. I just want to live our lives under our own roof with no major disruptions. I could go for a real year of normalcy. 2013 is going to be a year for moving forward. Reflecting on the past and using that to move me forward. Not sure what that means but I will find out. The last few months we have lived out of more than 7 hotels and it is seriously thrown me off. Where it throws me, I will see. 2012 has taken me out of my game. I am hoping 2013 brings me back.”
My dad (Stan Feld) reminds us in his year end post that life is inches with a wonderful story of his from January 1, 1957.
All three of these posts brought me back to my December 3rd post titled Wow – That Was Intense which summarized a really tough period I went through last year between the start of September and the end of November. My dad’s post was especially poignant since if he had died on 1/1/57 I wouldn’t be here. And I so empathize with Fred – it’s hard for me to complain since overall my existence on this planet is awesome, but I had a really shitty three months at the end of the year.
I hit reset every year on my birthday (December 1) and describe it as “booting up a new version of myself” – in this case, v47. A month later I get to reflect on the reboot as everyone rings in the new year with hope, optimism, and renewal. If you had an Apple II, you know that hitting Reset rebooted the computer, so I’m not of the Ctrl-Alt-Del generation, but rather the Reset PR#6 generation. Either way, use whatever method you fancy and hit reset.
Welcome 2013. I’m looking forward to getting the most I can from the experience.
My first business partner, Dave Jilk, emailed me our original partnership agreement for Feld Technologies. It’s one page.
We incorporated a month later as an S-Corp. It cost us $99 to do this – I remember using an organization called The Company Corporation – we called an 800 number, gave them some information, and the documents were automatically generated and filed. A short letter agreement specifying the equity splits and the boilerplate legal docs were the only legal docs we had until we sold the company in 1993.
As my partner Jason Mendelson told me after I sent him this the other day, “If things go well, it’s fine. If they don’t, it’s a fucking disaster.” And he’s completely correct – in this case things went well so there were no issues.
I continue to try to do deals this way. I lay out the terms, will negotiate a little, but am clear about what I want. If it works, great. If it doesn’t, I move on. Once the simple terms are agreed to, I let the lawyers generate hundreds of pages of documentation to support the deal. I used to read every word on every page myself (I learned that from Len Fassler, who bought Feld Technologies). I still look through the documents, but I only work with lawyers who I deeply trust to do it right (like Mike Platt at Cooley) so I focus on the stuff that matters for the specific deal.
Trust matters more than anything else to me in a deal. Sure, I occasionally get screwed in a deal, but never more than once by the same person. And, for people like Dave Jilk and my dad, I’ll work with them over and over and over again because I trust them with my life.
Keep it simple. It’s much better.
My dad is one of my best friends. His birthday is on Saint Patrick’s Day and it has been a bright green celebration for as long as I can remember. He turned 74 today and we had dinner tonight at Oak at Fourteenth with Amy, my mom Cecelia, my sister-in-law Laura, my brother Daniel, and their daughter Sabrina. We had a wonderful evening and it reminded me once again of the importance and delight of family.
I’ve learned many things from my dad during the 46 years I’ve been on this planet. Following are a few pivotal ones that have shaped my life.
Age 10: I told my dad I didn’t want to be a doctor like him. I didn’t like how hospitals smelled, I was bored when we did rounds together (I just wanted to sit in the corner and read), and I didn’t like being around sick people. He told me that I could do anything I wanted to do.
Age 12: I hated learning Hebrew and thought being Bar Mitzvah’ed was stupid. My dad didn’t fight me on how I felt, but he told me tradition was important and this was a seminal jewish tradition. I procrastinated as long as I could and then crammed over the last few weeks. He sat with me, coached me through it, and was patient with me when I continued to fight the process. My Bar Mitzvah was a powerful learning experience, and, while I eventually became an atheist, am glad that I participated in the key jewish tradition.
Age 17: After two months at MIT, I was ready to quit. All of my friends had gone to UT Austin, including my girlfriend, and I was homesick and lonely. As we wandered around Concord, MA on a beautiful October day, he told me to give it a year and if I still didn’t like it, I could go somewhere else. But he told me I’d be short changing myself if I didn’t give it a year. By spring time I had fully embraced MIT and never looked back.
Age 21: Dave Jilk (another Saint Patrick’s baby) and I started Feld Technologies. My dad was our third partner, sat on our board, and contributed continuously as a mentor to us as we figured out how to create and build a company. He personally guaranteed a $20,000 line of credit with his bank which was our beginning working capital (which we stupidly used up immediately, although that made us realize we had to be profitable and cash flow positive from the beginning because there was no more money to tap.) Almost every year Dave, my dad, and I would go away somewhere for an annual meeting. I remember these weekends fondly as they shaped the path of our business. My favorite line from this period that I remember from him was “if you aren’t on the edge you are taking up too much space.”
Age 24: My father resisted the easy temptation to say “I told you so” when I got divorced. When I dropped out of a PhD program, he told me he supported any decision I made. When I was feeling sorry for myself, he’d remind me cheerfully that “everyone pees in the shower.” His unambiguous support of me, at a period of darkness in my life, was priceless.
Age 29: When Amy and I decided to move to Boulder, the first words out of my dad’s mouth were “that’s a great idea.”
There are many more like this, but this should give you the sense for it. In addition to being one of my best friends, he’s been an incredible mentor, business partner, and supporter. I love his sense of humor, his joie de vivre, and his endless curiosity. He always lights up any room he’s in, is always learning, and keeps on trying new things.
Dad – happy birthday. You are awesome. Green suits you.