Thanks to everyone who sent a note to me in the past few days about the shooting in Boulder on Monday. 10 people murdered in a city of 100,000 people, in a place that I love where I’ve lived since 1995, is an extremely difficult thing for me to process. On Monday, Amy and I were shocked. On Tuesday, we were both shaken and stunned. The emotions really hit us both on Wednesday. ...
A mass shooting happened at a King Soopers on Table Mesa in Boulder Monday afternoon. Amy and I are safe. So are our friends and family. But 10 people in Boulder, including one police officer, are dead. The King Soopers was the one that Amy and I shopped at from 1996 – 2014 when we lived in Eldorado Canyon. I’ve been there hundreds of times. It was at the six-mile mark of my ten-mile run to town. Many friends live within minutes of it, including my brother and his family, my partner Chris Moody and his family, Amy’s current assistant Rebecca and her family, and Amy’s prior long-time assistant Naomi and her family. ...
My first full day in isolation was one year ago. My last dinner out was on Tuesday, March 10, 2020, with Mike Platt. I remember driving home that night pondering when I’d be back in the office. On Wednesday, March 11, 2020, I had a full schedule at home, starting at 9 am and ending at 5:45 pm. Little did I know that would be the pattern for at least a year. ...
At lunch today, Amy said “Welcome to January 112th.” I just got an email from a friend that included the line, “I’m writing off the first 20 days of the year, so here’s to a much different 2021 starting next week!” I didn’t really mark the end of the year as the “end of this phase.” The Covid crisis continues. The economic crisis continues. The mental health crisis continues. The racial equity crisis continues. Economic inequity is accelerating at a crazy pace. We just had an armed insurrection in the United States. 4,406 people died of Covid in the US in the last 24 hours. ...
During the Covid crisis, I’ve been regularly discussing the dramatic amplification of inequities that already existed. From a business perspective, some businesses have benefited during this crisis, while other businesses (and entire categories of business) are being wiped off the face of the earth. Here’s a blunt statement of what’s going on that showed up in a Slack channel yesterday. Working through my market portfolio this am and thought This metric would be of interest to this group. Facebook, Amazon, Apple, Google, Netflix and Microsoft have added 3 trillion dollars to their value since COVID started. This is a deep wealth transfer from small businesses. These 6 companies have more market cap than the entire emerging market sector. ...
We’ve learned many things in the last six months that help slow the spread of the Covid, such as social distancing, outdoor vs. indoor activity, and mask-wearing. We’ve also learned a lot about how to treat the disease. But, regardless of what you think of the severity or impact of Covid, the transmission characteristics of the disease remain unchanged. Many people worldwide, and in Colorado, are working tirelessly on controlling and mitigating the disease. Technology-based solutions around exposure notifications have been under discussion since April (here’s a post of mine from 4/23/20 titled Names Matter: Exposure Alerting vs. Digital Contact Tracing .) ...
$135 million. That is the amount that over 5,600 Colorado small businesses requested from the Energize Colorado Gap Fund in our first three weeks of open applications. According to the SBA, small businesses in Colorado employ more than 1.1 million Coloradans, almost half of the state’s private workforce. 90% of the applicant pool came from one or more of the Gap Fund’s priority groups: BIPOC, women, veteran-owned, or companies in rural Colorado. ...
The Energize Colorado Gap Fund is open for applications . At some point, I’ll write a blog post about the story of how this came together via a public-private partnership to fill a much-needed gap in the Federal funding for small businesses throughout Colorado due to the Covid crisis, but for now either send this to people you think it is relevant to or, if it is relevant to you, please apply for funding . ...
I’m not. And I know a lot of people who aren’t. I’m trying hard, but I’m aware that there are many moments where I’m nowhere close to being my best. Every day, I feel confused by behavior from someone I know well which is inconsistent with how I think of them. Sometimes it’s unsettling or upsetting. Often it is perplexing. Occasionally it is disheartening. Everyone I know is some element of tired, stressed, anxious, frustrated, or just running at maximum speed trying to keep it all together. People are short-tempered, irritable, irrational, and lashing out or thrashing around. ...
Since Covid started, I’ve had many conversations about office space. In April, almost all of our companies were unable to use their office space because of stay at home orders. Today, even though strict stay-at-home orders are no longer in place in most of the country, the vast majority of our companies are still in a primary work-from-home mode. Most of these companies are locked into long term office leases. Over the past few months, they’ve all tried to negotiate some relief with their landlord. While, in a few cases, there have been small rent deferrals in exchange for tacking on a few months at the end of the lease, and in a few other cases landlords have offered “meaningful cash now to buy out the lease” deals, these have been few and far between. ...