Current Startup Market Emotional Biases
Bill Gurley wrote an incredible post yesterday titled On the Road to Recap: Why the unicorn financing market just became dangerous … for all involved. It’s long but worth reading every word
Bill Gurley wrote an incredible post yesterday titled On the Road to Recap: Why the unicorn financing market just became dangerous … for all involved. It’s long but worth reading every word
Our friends at Revo Physiotheraphy and Black Lab Sports are hosting a book event for Steve Case’s great new book The Third Wave on May 12th. David Brown from Techstars will be introducing Steve. The book is dynamite and Steve is always a super engaging speaker.
Amy and I have started to buy some video art. I’m personally fascinated with the interactive stuff and am starting to learn more about different video artists. Here’s an example of one – Rafael Lozano-Hemmer – that my dad aimed me at. If you have ideas of folks I should look at, can you toss them in the comments? Oh – and I’m also looking for giant sculptures of monsters, like the one I have of the predator in my backyard, which I’ve named The Shrike.
Techstars had an incredible year in 2015 and grew the organization on many dimensions. If you want a full view of what Techstars is – and is doing – today, take a look at the 2015 Global Impact Report. https://impact.techstars.com/ To everyone who has been involved in Techstars in any way, thank you!
Jon Hallett, a prolific angel investor and successful entrepreneur who I’ve gotten to know over the past few years, dropped a major knowledge bomb on me yesterday afternoon when he sent me a post from David Politis titled This is How You Revolutionize the Way Your Team Works Together… And All It Takes is 15 Minutes. I remember having a meal in December 2011 with David at the Plaza Food Hall in New York and talking about BetterCloud which we foolishly passed on investing in. So I wasn’t surprised to have the reaction I had after reading the post, which I said out loud to myself.
I had a great interaction with a friend several months ago. The question he asked was: “How do you beat Michael Jordan at sports?” I thought about it for a second. I knew Michael Jordan was a good golfer and I don’t play golf. I figured he was in better shape than me and could beat me on a track. There is no way I could ever beat him at basketball. And baseball – well this video kind of says it all.
This weekend I’m co-hosting the Reboot.io VC Bootcamp at my house in Boulder. It starts tonight and goes through mid-day Sunday. It’s an experiment with Jerry Colonna and about 15 other VCs to see if the Reboot.io bootcamp construct works with VCs, where the tag line for the experience is: Practical Skills + Radical Self-Inquiry + Shared Experiences = Enhanced Leadership + Greater Resiliency It’s either going to be valuable to this group or not. We’ll know more on Monday. The only way to learn is to try.
The Kauffman Fellows Academy is offering another session of the Venture Deals course on the NovoEd platform. This time it is free and runs from April 24, 2016 – June 13, 2016. We’ve done this course several times in the past with classes of around 100 people and have gotten great feedback. Last year, we started talking to the Kauffman Fellows Academy and NovoEd about doing it for free to reach a wider audience, and in the context of #GiveFirst offer it for free, as the primary motivation for Jason and I had nothing to do with money. The original few sessions has recouped the cost to NovoEd of producing the course so they, and the team at Kauffman Fellows Academy were willing to give free a try.
Every entrepreneur out there should grab a copy of The Third Wave: An Entrepreneur’s Vision of the Future by Steve Case and read it. If you don’t know Steve, you’ve probably heard of him. He’s had a remarkably entrepreneurial journey starting with co-founding AOL in the 1980s. While AOL has now been absorbed into Verizon (after having been bought, spun out, and bought again) at its peak around 2000 nearly half of all Internet users in the US accessed the internet via AOL and everyone over the age of 40 knows how to say “You have mail.”
I’ve decided to read a bunch of old science fiction as a way to form some more diverse views of the future. I’ve been reading science fiction since I was a kid. I probably started around age ten and was a voracious reader of sci-fi and fantasy in high school. I’ve continued on as an adult, estimating that 25% of what I read is science fiction. My early diet was Asimov, Heinlein, Harrison, Pournelle, Niven, Clarke, Sterling and Donaldson. When I was on sabbatical a few years ago in Bora Bora I read about 40 books including Asimov’s I Robot, which I hadn’t read since I was a teenager.