Why Does My Kitchen Look the Same as Don Draper’s?

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.

June 9, 2015 · 2 min

Hertling's Equation

I’m a huge fan of William Hertling. His newest book, The Turing Exception, is dynamite. It’s the fourth book in the Singularity Series, so you really need to read them from the beginning to totally get it, but they are worth every minute you’ll spend on them. William occasionally sends me some thoughts for a guest post. I always find what he’s chewing on to be interesting and in this case he’s playing around with doing a Drake’s Equation equivalent for social networks. Enjoy!

June 4, 2015 · 4 min

The Pre-money vs. Post-money Confusion With Convertible Notes

The other day, Mark Suster wrote a critically important post titled One Simple Paragraph Every Entrepreneur Should Add to Their Convertible Notes. Go read it – I’ll wait. Or, if you just want the paragraph, it’s: “If this note converts at a price higher than the cap that you have been given you agree that in the conversion of the note into equity you agree to allow your stock to be converted such that you will receive no more than a 1x non-participating liquidation preference plus any agreed interest.”

June 2, 2015 · 5 min

Hot Seat by Dan Shapiro: A Book Every Startup CEO Should Read

On Saturday, I polished off Hot Seat: The Startup CEO Guidebook. I started it last weekend at the tail end of my Weekend Reading on Startup Communities but four books weren’t in me so I didn’t finish it. It was excellent and is now on my “all startup CEOs must read” list. My recommended book list for startup CEOs is very long, but there are only three books on the must read list.

June 1, 2015 · 5 min

Being A Male Advocate

In my role as chair of the National Center for Women and Information Technology (NCWIT), I’ve learned that one of the powerful things men can do in the gender equality discussion is be a male advocate. This is easy to say, but difficult to do. Recently, there has been some controversy around the role of male advocates and an ensuing debate, not about the core issue of gender diversity, but about how men who are trying to be helpful potentially make things worse through their actions.

May 30, 2015 · 2 min

Rally Software Acquired By CA Technologies for $480 Million

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.

May 28, 2015 · 4 min

Societal Structures Change Much Slower Than The Machines

I’m at Startup Iceland today. I like Iceland – this is the second time I’ve been here. It’s the closest place on earth I’ve been to Alaska, which I love dearly. And it’s fun to see and hang out with my friend Bala Kamallakharan. As a super bonus, Om Malik – who I adore – is also here. Om and I did a fireside chat with Bala. At the end, Bala asked about the future and what we were uncomfortable with. Neither of us is uncomfortable. Instead, we are both optimistic and intrigued with what is going on. Om talked about his view is that this is the most exciting time to be alive and went on a riff about what is in front of us.

May 27, 2015 · 2 min

Weekend Reading on Startup Communities

Amy and I had a very quiet weekend hanging out with each other, Brooks the Wonder Dog, and Super Cooper the Pooper. We like Memorial Day weekend – it always feels like the beginning of summer to us. I read three books over the weekend. Since I was home, rather than reading on my Kindle, I grabbed some books from the infinite pile of physical books I have in my office. New stuff shows up every week – mostly business and entrepreneurship books, and the occasional “I think you’d like this” book. In addition, whenever I want something that isn’t on the Kindle, I just buy the physical book.

May 26, 2015 · 4 min

An Evening with Twitter and Foundry Group

Chris Moody (formerly CEO of Gnip, who Twitter acquired last year), Rishi Garg (head of Twitter Corporate Development), and Seth Levine (Foundry Group) are having a discussion about the inner working of Twitter. If you are interested, register to attend at Galvanize Boulder on June 10th from 6pm to 7:30pm. Tickets are limited.

May 25, 2015 · 1 min