Corporate Bad Activity Against Innovators
There’s an amazing amount of bad activity going on in the world of tech right now. It’s predictable – when things start going well the switch flips from fear back to
There’s an amazing amount of bad activity going on in the world of tech right now. It’s predictable – when things start going well the switch flips from fear back to
Today, Orbotix, the maker of Sphero, has raised a new round of $15.5 million, led by Shea Ventures and including new investor Grishin Robotics. We were the original investors in Orbotix and I joined their board in the fall of 2010 after they went through the Techstars Boulder program. The first post I wrote about Orbotix included an aspirational phrase for what they were working on. Orbotix is creating a new game platform that combines common physical objects, smart phones, and a software marketplace. Their first product will “reinvent the ball” through the creation of a robotic ball controlled by a smart phone.
Earlier today, I got a note from Andy Sautins, CTO of Return Path, about the four year anniversary of the Boulder / Denver Big Data Meetup. Andy is a good friend and one of the really strong CTOs in Boulder. It’s pretty cool to see what he and his gang have created around Big Data. While Big Data is often an overused buzzword, this meetup is about helping people solve data problems in new ways that allow them to build and scale their business faster than ever before. Over the past four year over 1,850 people have joined our group with over 100 routinely attending the monthly meeting.
While driving down Highway 36 from Boulder to Denver for a FullContact board meeting, TA McCann told me a wonderful phrase that I’ve been carrying around with me for the past month or so. “At RivalIQ, we’ve implemented ‘I Will’ instead of ‘We Should.’” I’ve worked with TA since we invested in Gist in 2009. TA was a co-founder and the CEO. He’s been deeply involved in Techstars Seattle since inception. When RIM acquired Gist, he ran a big software team within RIM for two years. A year ago he co-founded RivalIQ. And last fall he joined the FullContact board. So he’s been around the block.
Amy and I recently agreed to support the new Museum of Boulder with a substantial gift that entitles us to sponsor all the bathrooms in the new museum. This highly interactive museum of history, science, and technology of Boulder will be located in the old Masonic Lodge building at the corner of Pine and Broadway. The Boulder History Museum purchased that building last year and is raising money for the renovation of the building and the construction of the new exhibits and facilities.
I love reading books written by friends. Knowing how incredibly hard it is to write a book, I enjoy fiction even more, since it’s something I’ve never tried to write. My friend Cindy Gold wrote Sailing an Alien Sea about a year ago. I read it last month and loved it. I’ve known Cindy and her husband Terry Gold since 1996, shortly after I moved to Boulder. I was an early board member, then angel investor, and subsequently VC investor in Terry’s company Gold Systems. Terry worked incredibly hard at Gold Systems, along with many people who worked for the company through the years. It went from an idea and a few founders to an almost $10 million revenue company, before growth peaked about a decade ago. Over the past five years, the company had a steady, but slow decline, being close to break even every year, but never becoming solidly profitable or generating additional growth. After numerous painful layoffs and several near misses to sell the company, Gold Systems finally shut down early this year. Throughout the entire process, Terry was a tireless leader who never gave up and, even after two acquisitions feel apart at the end, he still tried to find a home for the remaining employees. While my investment in Gold Systems returned $0 to me, I’ll have lifelong respect for Terry and will always consider him a close friend.
I got asked today for a picture of the four founders of Techstars together (me, David Cohen, David Brown, and Jared Polis.) I did a search and came up with a few, but also stumbled upon this beauty. This is the original promotion video for the first Techstars program, filmed at the end of 2006 and apparently uploaded to Youtube on January 14, 2007. Following are my comments on the video.
This morning littleBits released their Space Kit. I’ve been on the board of littleBits since last year and am just in awe of what the team, led by Ayah Bdeir, is cranking out. Ayah is an example of an amazing female entrepreneur and CEO. I first met her via Joanne Wilson who wrote about here here. I hope to work with her for a long time. Seeing the launch inspired me to go dig up a list of resourced for girls learning to code. Ever since I first got involved in National Center for Women & Information Technology, I’ve been deep in the problem of underrepresentation of women in computer science and entrepreneurship. Lucy Sanders, the CEO of NWCIT, has taught me a huge amount about this and I’ve worked closely with her as chair of the organization to try to make a difference around this issue.
Tomorrow, I’m trying out Pubble’s product – a Q&A widget that leverages the standard social media platforms (Twitter, Facebook, etc.) but lives where ever you want it to live. I’ll be answering questions live tomorrow (4/24) at 1:00pm MT. Tweet with #askbfeld to ask me a question. Check it out below. // <![CDATA[ var lpQA = lpQA({ appID:“2809”, identifier: “2809” }); // ]]>
There will be a lot of books written about the story of Twitter. As far as I know, there have now been two, but there are probably 71 more coming out soon. Biz Stone’s new book, Things a Little Bird Told Me: Confessions of the Creative Mind is outstanding. I’ve read two really awesome books in the past month that combine first person startup accounts with personal philosophy and advice. Biz’s is the second. Ben Horowitz’s book The Hard Thing About Hard Things is the other.