My friend Krista Marks (now at Disney – which acquired her first company – Kerpoof) sent me a copy of the graduation speech she gave at the University of South Carolina College of Engineering and Computing on May 8th. Krista graduated 21 years ago and her speech embodies the amazing wisdom she’d gained over the years. I asked her if I could reprint it here – it’s applicable to any engineer or future entrepreneur, not just recent college graduates. Enjoy and be inspired! *

The English language badly needs a gender neutral pronoun. The more I write, the more I feel the need for this. In my post yesterday, Does Your VP of HR Report To Your CEO? I felt this very acutely as I tried to be gender neutral to avoid the “CEO’s are male, VP of HR are female” bias. But I failed and just used “he” throughout the post. Jason and I struggled a lot with this in our new book Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist. We finally gave up and used “he” throughout. But we felt compelled to discuss this in the Preface.

A decade ago I didn’t pay much attention to the VP of HR position. Today, I view it as a key role if you are growing headcount at least 50% year over year and have more than 20 people in the company. And, title inflation notwithstanding, I prefer to call it “VP of People” since we are people after all, not “human resources” or “HRs”. Over the past five years, I’ve had the privilege to work with a handful of amazing VPs of People. And, as several of our portfolio companies continue their incredible growth rates, I’ve been involved in recruiting a few new ones to these companies. I have three basic principles for each of them.

I’m spending some time in Europe (Paris and Tuscany) this summer and trying to figure out the best cell phone approach for me and Amy. We are both iPhone users – me on AT&T and her on Verizon. In both cases, the “use your US iPhone in Europe” seems like a total fail on pricing so we are looking for other options. I’m also a Google Voice user (that’s my main phone number) so I’ve got more flexibility than she does. In both cases, we care about voice, data, and SMS, but don’t have to have an iPhone (e.g. Apps are nice to have but not critical).

Clint Nelson, co-founder of Startup Weekend, is bringing the European tomato-chucking phenomena stateside. Today on Brad Feld’s Amazing Deals, you can get a half price ticket to the innagural Tomato Battle – A Huge Tomato Fight. The event is at Copper Mountain on June 25th. Get there at 1pm for beer and music. Start chucking tomatoes at 3pm. Bring an extra set of clothes. Your ticket gets you in the event and one free beer. There will be thousands of people and hundreds of thousands of pounds of tomatoes. If you are one of my Boulder readers, or plan on being in the area June 25th, go to Copper Mountain and have a blast throwing tomatoes at people you don’t know.

I recently wrote about how well things are going at Gnip. Here we are just a few weeks later and my friends at Gnip continue to generate goodness in several different directions. Today Gnip announced it has partnered with Twitter and the U.S. Library of Congress to manage the receipt of all historical data from Twitter and facilitate its delivery to the Library of Congress. This news builds off a release from the Library of Congress back in April where LoC announced that they will digitally archive every public tweet from Twitter’s inception and will continue to archive new tweets going forward. LoC has hinted that the archive will have an “emphasis on scholarly and research” endeavors.

I hate board meetings. I probably have 100 per year which means I’ve gone to well over 1,500 of the past 15 years (I’m sure the number is much higher). The vast majority are excruciatingly inefficient – three to four hours that could be handled in 45 minutes. And even then, it’s unclear that the information covered was particularly useful to the entrepreneurs and management, who are the ones the board meetings should be useful for in the first place. And they don’t merely waste three hours – they burn a day in advance “getting ready” and who knows how much time after following up on random things generated by me and my fellow board members. Toss in travel (since we invest all over the country, I lose a lot of time to traveling) and it just sucks.

Once a quarter my partners (Seth, Ryan, Jason) and I spend 48 hours together. Unlike a typical offsite that ten zillion organizations have, we tend to spend less time on formalities and more time on wider ranging, forward looking discussions about what we are doing, both professionally and personally. Last night, over an amazing meal, we ended up talking about what we’ve been investing in over the past four years. When we reflect on the 37 companies we’ve invested in since we raised our first Foundry Group fund in 2007, we’re delighted with the mix of companies and entrepreneurs we are working with. We have a very clear thematic strategy that we’ve discussed openly, along with a few other key principles such as being willing to invest anywhere in the US and being syndication agnostic.

I find it endlessly entertaining that people say things like “I don’t need to back up my data anymore because it’s in the cloud.” These people have never experienced a cloud failure, accidentally deleted a specific contact record, or authenticated an app that messed up their account. They will. And it will be painful. I became a believer in backing up my data when I was 17 years old and had my first data calamity. I wrote about the story on my post What Should You Do When Your Web Service Blows Up. I’ve been involved in a few other data tragedies over the past 28 years which always reinforce (sometimes dramatically) the importance of backups.