The Colorado CEO Jobs List

A few years ago, David Cohen and I started a Colorado CEO Jobs list in response to the regular stream of inbound email we got from folks looking to move to Colorado and interested in tech-related jobs. We seeded this list with CEOs from companies Foundry Group and Techstars had invested in. As other CEOs requested access to the list, we added them. The list was managed in Yahoo Groups and had about 100 CEOs on it. It was simple – emails from people looking for jobs came to me or David and we forwarded them to the list. The hit rate was very high – I regularly get feedback from people that they’ve ended up with multiple interviews and a job from the introduction.

May 29, 2014 · 2 min

Why VCs Should Recycle Their Management Fees

I’m an investor in a bunch of VC funds. Some of them recycle their management fees; others don’t. I’ve never really understood why funds don’t recycle their management fees. Understanding what “recycling management fees” means is a fundamental part of understanding the economics of a venture firm. Here’s how it works. Let’s assume a $100 million VC fund that charges a 2% management fee and a 20% carry. In the typical case, a fund will get an annual management fee of 2% of “committed capital” (the $100 million) for the “investment period” (usually the first five years, or until a new fund is raised) and then an annual management fee of 2% of “invested capital” (whatever the fund has invested in companies that are still active) over the remaining life of the fund, which is usually 10 years.

May 28, 2014 · 3 min

Tickets for #BoulderWin Event – June 4th

A couple of weeks ago, I wrote about an event a bunch of us in the Boulder startup community are putting together called #BoulderWin, a celebration for the sale of Gnip to Twitter. Instead of having a secretive closing dinner for a small number of folks, we are going to have a big party to welcome Twitter to town. #BoulderWin is happening on June 4th from 7pm – 10pm at the Boulder Theater.

May 27, 2014 · 1 min

Spending The Day With Another VC Firm

A few weeks ago Hunter Walk and Satya Patel of Homebrew, a one year old seed-stage VC firm that my partners and I are investors in, came and spent the day in Boulder. This wasn’t the typical “hey – I want to come see you for a meal when I’m in town” kind of meeting that happens with a lot of VCs. In this case, the firm (Homebrew) came by, committed a full 24 hours to being in Boulder, and went deep with me and my partners.

May 27, 2014 · 2 min

Books I Read On My Q214 Vacation

Wow. I needed a vacation. Amy reminds me that I say that on day three of each of our quarterly weeks off the grid. It doesn’t seem to matter how I try to pace myself or how recent my previous week off the grid was. On day three, when I’m not looking at email, anything on the web, or checking my phone, I just breathe deeply and say “wow I needed this vacation.”

May 26, 2014 · 4 min

The Largest Startup Community In The World

As Boulder Startup Week 2014 comes to an end, I have been reflecting on the power of startup communities today. When I wrote Startup Communities: Building an Entrepreneurial Ecosystem in Your City, I made some assertions about how to build startup communities and what the impact of them would be on society. As I sit here at the end of a week pondering everything that is going on in the world around startup communities, I believe I have vastly underestimated their potential impact. And this makes me feel very happy.

May 16, 2014 · 3 min

Stop The Slow Lane

The FCC is proposing new rules to allow Internet providers to discriminate based on content to provide separate and unequal connection speeds. This effectively creates “fast” and “slow” lanes for the Internet which means that website owners and entrepreneurs may be forced to pay an arbitrary fee to ISPs like Comcast and Time Warner if they want their visitors to be able to access their website at regular speeds – or at all.

May 14, 2014 · 2 min

Launch Party for Sleep Your Way To The Top And Other Myths About Business Success

Jane Miller’s launch party for her first book (and FG Press’s second title) Sleep Your Way To The Top And Other Myths About Business Success is happening in Boulder this coming Tuesday, 5/20 at eTown Hall. Profits benefit the CU Leeds Professional Mentoring Program. Around the Foundry Group offices we’ve been referring to Sleep Your Way To The Top as “Sheryl Sandberg meets Chelsea Handler.” Jane is an awesome CEO (who just sold Rudi’s Organic Bakery to The Hain Celestial Group) with an incredible amount of experience on the front lines building and guiding businesses. Her writing style is hilariously funny but packs a serious punch.

May 13, 2014 · 2 min

Where I'll Be During Boulder Startup Week

This week is Boulder Startup Week 2014. If you have read my book Startup Communities, then you know Andrew Hyde was the founder of Boulder Startup Week. After a hiatus of a few years, he’s back this year as one of the organizers of BSW 2014. I’m around all week. Following are the events I’ll either be attending or speaking at. Wednesday (5/14) – 8am – 9am: Boulder Open Coffee Club – 10am – 1130am: Startup Politics: Who Needs It: *I’ll be doing a panel with Congressman Jared Polis. *– 3pm – 4pm: Jane Miller Interview: I’ll be interviewing Jane about her new book, Sleep Your Way to the Top (and other myths about business success) that is the second book being published by FG Press.

May 12, 2014 · 1 min