Taking My Running Up to Another Level

I spent the day yesterday with Seth, Ryan, and Jason at our quarterly offsite. We finished, as is our tradition, with dinner at Frasca, which involved a lot of wine. I rarely drink wine anymore as I never feel good the next day (I’ve switched to mostly drinking scotch.) But Frasca is a special place and the wine choices I end up with when I’m with my partners are spectacular.

May 24, 2016 · 3 min

New Registration Status at Foundry Group

We have some entertaining news to share with you today. We have recently registered with the SEC and are now considered Registered Investment Advisors. Did we do this so that we can have cooler business cards? No. Did we do this because our back office was lacking in purpose? Heck no. We had to, per the SEC rules. And the reason you ask? Well, we can’t tell you that or we could possibly break some other SEC rules. So for now, just accept that your friendly neighborhood venture capital firm is now subject to a lot of new and stimulating paperwork.

May 23, 2016 · 2 min

Book: Neon Fever Dream

Neon Fever Dream by Eliot Peper was outstanding. But you can’t read it yet as it’s still in draft form. Eliot’s last book Cumulus was published a few weeks ago and has gotten awesome reviews. He’s turned into a writing machine and already had a draft of Neon Fever Dream ready to go when Cumulus was finalized. I first met Eliot several years ago when he emailed me a few chapters of the first book he was working on about a fictional tech startup in Boulder. With it he was pioneering a genre that I referred to as “startup fiction” – kind of on the edge of Cyberpunk and near-term science fiction that I love dearly, but set in the immediate present. Uncommon Stock was the first book that FG Press published and I spent plenty of time with Eliot as chief cheerleader and mediocre editor and, when the book was finished, loved it.

May 22, 2016 · 2 min

Why Do Apple iOS Mail and Calendar Apps Suck?

Before I get into my rant of the morning, if you have a gluten intolerance, or just want less gluten in your life, we just invested in a company called Nima that can help you. Today, as I was going through my daily reading, I read Fred Wilson’s Feature Friday: GBoard about Google’s new third-party keyboard app for iOS. I clicked on the link to download and try it and, as it was doing its thing, though to myself “why does Apple iOS Mail suck?” And then I thought “why does Apple iOS Calendar suck?”

May 20, 2016 · 2 min

What Is Your Next Career?

I was recently asked the question “What is your next career?” as part of a discussion with an LP. I thought it was the best diligence question that I have ever been asked. Upon reflection, the LP was clearly asking me indirectly about my long term commitment to venture capital and, without asking “how much longer are you going to do this VC thing?” she was looking for how I answered the question to get an understanding for how I thought about what I was currently doing along with an indication of how much longer I’d be doing it.

May 18, 2016 · 2 min

Try On The Decision For 30 Days

I’ve made a lot of major decisions in my life – both personal and professional. For the professional ones, I’ve come up with an approach that I now use consistently. I try on the decision for a period of time – the more significant the decision, the longer the period of time. For the really major decisions, I try them on for 30 days. Here’s an example. In 2003 I seriously thought about quitting Mobius Venture Capital. I was tired, burned out, and very frustrated. While I’d been a partner in Mobius from the beginning, I hadn’t really been engaged in managing the overall firm. I had my office and a small team in Boulder. I did my deals. I flew to the bay area often (where everyone else was located) but focused most of my energy on the boards I was on and the investments I’d made.

May 17, 2016 · 5 min

Book: Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right

Last week I was on vacation and off the grid. Amy and I decided to stay home, rest, just hang out, and read. Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right was first on the list. I have a very cynical attitude toward politics, especially in the context of big money, so I was fascinated by this book. I’d read snippets about it and had read the New Yorker article Covert Operations: The billionaire brothers who are waging a war against Obama by Jane Mayer in 2010 that was the inspiration for her to write this book.

May 16, 2016 · 3 min

Work Hard. Be Kind.

For your Sunday video watching, I encourage you to spend ten minutes of your life and watch Chris Moody‘s Commencement Address to the Auburn 2016 graduates. His message is simple: Work Hard. Be Kind. Having worked with Chris for many years, it’s a great summary of how he lives his life. And he ends with a magnificent Dalai Lama quote. “Be kind whenever possible. It is always possible.”

May 14, 2016 · 1 min

Boulder Startup Week 2016

Fresh off a week of vacation, I’m rolling into the annual joyful madness that is Boulder Startup Week. If you don’t know the history of Startup Week (now owned by Techstars), it was founded by Andrew Hyde in Boulder in 2010 and subsequently begat the overall Startup Week program (powered by Chase) happening all over the world. The schedule begins Monday morning (5/16) and continues through Friday night (5/20). I’m speaking at / co-hosting the following events.

May 12, 2016 · 2 min