Thanks Elon Musk For Being A Real Leader On Patent Reform
Fred Wilson beat me to it this morning with his post A Big Win For The Patent Reform Movement but he’s got a couple of hour time zone advantage over me. Regardless,
Fred Wilson beat me to it this morning with his post A Big Win For The Patent Reform Movement but he’s got a couple of hour time zone advantage over me. Regardless,
Recently I had a full day of meetings with chaotic juxtapositions of people. In one meeting, the person I interacted with was awesome. He owned everything that was going on in his company – good and bad. He was clear minded. He knew what was working, what wasn’t working, and what he needed to change. And he took responsibility for it. Immediately after, I had a non-scheduled conference call to try to get something wrapped up. It was a total waste of 15 minutes of time where the person on the other end simply refused to take responsibility for something that should have been easy for them to take responsibility for. After 15 minutes of back and forth, it was clear that the other person had no interest in taking responsibility for something I thought he should. And he couldn’t make the case for why, other than “because I don’t want to.”
Today, we announced that we’ve led an $11 million round for about.me and that I’ve joined the board. I’ve been living online since the mid 1990’s. I’ve tried every service I could find to create an online identity for myself, even Geocities. Today, my identity is spread out over many things, including my blog, Twitter, Google+, Foursquare, our Foundry Group site, the Startup Revolution site, my relatively inactive Tumblr, Facebook, and a hundred other services I’ve dabbled with.
I had my first good run in over two months. It was only 3.2 miles, but the weather was perfect and I felt great. On March 30th, I ran 12.2 miles. It was a horrible run – I couldn’t breathe well from the beginning of the run. We’d just gotten back from a week of vacation in Mexico and I’d done 27 miles in the past five days. It was my third to last week of training before the Boston Marathon and I was planning on capping off a heavy week with a 15+ miles. After 12.2 miles, covered in a snail like pace of over 2:42:00, I called it quits. When I got home, I laid down on the ground to stretch and immediately couldn’t breathe. As in – not at all – zero oxygen getting in. After 15 seconds, I panicked and realized that if I didn’t figure out what was going on in the next 30 seconds I was going to be in serious trouble. I sat up and managed to choke down some air. After stabilizing, I told Amy what was going on. She tossed me in the car and drove me to urgent care, where I learned about bronco spasms and what a nebulizer was.
Amy and I were going to have a bunch of friends over to our house today but we got rained out. So, I read Glenn Greenwald’s book No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State instead. It was outstanding – 5 stars. Let’s start with the punchline from Warren and Brandeis in their 1890 Harvard Law Review article The Right to Privacy where they assert that the right to privacy is primarily a “right to be left alone.”
As exits have been flowing nicely again the past few years, many of the entrepreneurs I work with have experienced their first big exit. I refer to this moment as when you find that you have life changing money in your bank account, which I like to call “fuck you money.” You now can do whatever you want with the rest of your life. I was on a walk with an entrepreneur recently who was wrestling with this when we ran into another entrepreneur I had backed who had an exit a while ago and had wrestled with the question of “what’s next.” We chatted briefly and then he hopped on his bike and continued his ride.
John Oliver and his new show Last Week Tonight has become Sunday night entertainment in my house. He’s simultaneously brilliant and hilarious. Oliver took on Net Neutrality on Sunday. Due to my cable connection being down, I didn’t see it until Monday when I was able to watch it on my DVR. He started off by reminding us that American’s simply don’t respond to “boring” so he suggested we change the phrase “Net Neutrality” to “Cable Company Fuckery.” He then goes on to explain, in clear and outstanding prose while being hysterically funny, exactly what is going on.
On Monday we had a Foundry Group portfolio company sales summit. We are fortunate in that we’ve got a bunch of amazing sales execs in our portfolio, including several CEOs like Howard Diamond of MobileDay and Matthew Bellows of Yesware who have long histories selling and building sales organizations. The “enterprise sales software ROI analysis” as a selling tool comes up over and over and over again. And most people blow it, or try to bullshit their way through it, or put together something that is clearly not credible.
This spring Jason Mendelson and I taught a class called Venture Deals with the Kauffman Fellows Academy. It was a blast so we’ve decided to do it again. KFA uses NovoEd as their platform. Jason and I spent two days recording videos around our Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist explaining each section and going deeper with Q&A. The course is a MOOC that includes significant Q&A that I participated in throughout the course, along with a weekly Google Hangout covering different topics.
Lately, I’ve been struggling to figure out the best way to have expanding email groups. I’ve tried all the obvious stuff and nothing is satisfying to me. Historically, I’ve just used Google Groups. That’s great for things like the Foundry Group CEO list, where we control the list, but then we have to host it at a @foundrygroup.com domain. For the Colorado CEO Jobs list, we were using Yahoo Groups for a while. Even with the new upgrade last year I find the UX to be terrible so I recently moved it over the Google+. Now I’m hearing complaints about not getting the emails which usually results from notifications being turned off, but you wouldn’t know that unless you were paying attention. And, if you don’t have a Google+ account, you can’t be on the list.