Investments

I participate in multiple conference every day. While I can’t change much about the general tediousness associated with 15 different people all joining a call within a five minute window, I can do something about the misery of pressing 18 different numbers on a phone to join the call. MobileDay solved this problem for smart phones several years ago when it launched . If you want to join a conference call (or any phone call) on your iOS or Android phone, just use MobileDay. Press one button – join whatever call is next on your calendar – automagically. ...

This morning, Mapbox announced a $52.55 million Series B financing. We’ve been on a wonderful ride with them ever since we led their first financing – a $10 million round – in October 2013 . Let’s start with the simple stuff. My partners and I have a massive founder crush on Eric Gundersen, the CEO of Mapbox. My partner Ryan McIntyre was introduced to Eric by another CEO we’ve backed, Zack Rosen of Pantheon . I remember Ryan raving about Eric and pushing me to squeeze in a meeting before I had to run out of town one day. ...

Today Techstars announced that it has acquired UP Global, including the organization’s Startup Weekend , Startup Week , Startup Next, and Startup Digest programs. This is great news for entrepreneurs everywhere. Both organizations have a deep seated community-centric ethos that aims to accelerate the pace of innovation through community-focused, entrepreneurial-led business creation. UP is now in 600 cities, 120 countries and six continents. Techstars now has over 18 programs worldwide and counting. ...

When we were approached with an investment opportunity by Matt Van Horn and Nikhil Bhogal in 2014, they started with a single, lighthearted but thought-provoking question: Why does your kitchen look the same as Don Draper’s? There has been little significant innovation in how we prepare and cook food at home since the microwave oven. In recent years, we’ve been delighted by in-home products like those from Nest and Sonos which have tested the waters of the connected home market and proven that it’s there. ...

Congrats to my friends at Rally Software on the announcement that they’ve signed a definitive agreement to be acquired by CA Technologies for $480 million . Part of the fun of having a blog for a long time is that it captures some of the history – in the moment – of what’s going on. For example, from a post in 2008 about Rally’s $16.85m financing , I riffed on the origins of the company. ...

Following is a guest post from Zack Rosen at Pantheon about his experience shadowing Jud Valeski, founder and then-CEO of Gnip for a day in 2012. Behind the stories of most first-time venture-backed CEOs building startups and attacking markets at breakneck speed, there is usually a tight network of mentors and peers showing them the ropes of company building. That’s certainly been my experience at Pantheon—we likely would not exist if not for the crucial help of James Lindenbaum , Adam Gross , Steve Anderson , Ryan McIntyre , Brad Feld , and all of the advisors who have assisted us on our journey. ...

Values matter. A lot. Sure, every company has a set of stated values. But the great companies live these values, which permeate the culture and drive every company decision. Moz and Gnip are two such companies. GiveForward is another. GiveForward is a medical crowdfunding community that helps friends and family rally support around their loved ones during times of need. At their core they believe that no one should have to face an illness alone. They have derived a mantra, “Create Unexpected Joy” (CUJ), from this core belief which they describe as “surprising people with unexpected gifts of humor, compassion, and humanity.” ...

Earlier this year, we took part in a $50 million Series D investment round in AppDirect. Headquartered in San Francisco, AppDirect makes it easy for businesses to find, buy, manage, and monitor cloud services from a central location. They also give providers and developers an easy way to distribute, sell, and market cloud services. That last part is particularly interesting from our perspective. Many of our portfolio companies are those types of cloud services and the ecosystems that AppDirect powers can help them get to market faster, reach more users, and drive more revenue. ...

In 1995 I made a seed investment in a tiny company called Harmonix founded by two guys, Alex Rigopulos and Eran Egozy. After one meeting with them I knew I wanted to be part of their journey and made one of my early $25,000 angel investments. The journey they went on as founders and a company was amazing. A big part of it was captured in what I think is one of the best long form magazine articles ever about the history and drama of building a company – Just Play in Inc. Magazine in 2008. ...

I get 300+ non-spam emails a day. No matter how diligent I am at unsubscribing from stuff, I still get an endless stream of valid, opt-in email that I want to unsubscribe to. Google takes good care of my spam and they even jumped all over my complaints about their spam filtering , figured out the problem, and fixed it (thanks friends at Google). So, I’m not talking about spam, but all the rest of the stuff that I don’t need to see right away. ...