When I wrote my post titled An Angel Investor Group Move That Makes Me Vomit I expected to write my little rant and be done with it. A month or so later Jason Calacanis picked up the mantle and started a Jihad against the idea of angel groups charging entrepreneurs to pitch to them. The result is the Open Angel Forum. I participated in the second event last week in Boulder. I thought it was spectacular and the twitter stream from #OAFCO reflected this sentiment. About 20 active (at least four investments in the past year) early stage investors (angels and seed stage VCs) attended. Six entrepreneurs presented their companies in short seven minute pitches. Five sponsors underwrote the food and drink at the event. There was plenty of networking before and after. That was it – small, intimate, and highly relevant to all.

I think Boulder is one of the absolute best places to start a tech company. The depth of talent and overall strength of our tech community here is superb. It turns out that makes it a great place to start a community-based tech nonprofit startup, too. I’ve written before about SnapImpact’s great work in making doing good easy. Having already created the first volunteering app for the iPhone, they’re started taking on some additional challenges.

As the Startup Visa initiative continues to pick up momentum, we are now collecting stories from immigrants who have either started or tried to start their company in the US. We are interested in any aspect of your story and – while we’d like to be able to have your contact info – recognize that some people will want their story to be anonymous (which is ok with us.) We’re looking to collect as many stories as we can by February 27th (11pm) so that we’ll be able to put them together in an appropriate format for the Geeks on a Plane trip to DC on 3/4/10 – 3/6/10 which will include a delegation of folks (including me) talking about the Startup Visa.

Whenever a TechStars company is acquired, they get a yellow shirt with their number on the back. Last month Fitrbox, a TechStars Boulder 2007 company, was acquired by Jive Software. The yellow shirt presentation is in the short video below: FiltrBox #4 TechStars Company to be Acquired from TechStars on Vimeo. On Tuesday, February 9th at the Denver Athletic Club (1325 Glenarm in Denver) Filtrbox’s founders Ari Newman and Tom Chikoore are going to do a presentation titled Filtrbox – A Case Study from Start-up to Exit on the story of Filtrbox. I expect this will include everything from the very start of the company, to their experience with TechStars, to their first financing, through launching a product, seeing early customer growth, and ultimately being acquired by Jive Software. 

Vivek Wadhwa has a strong article in BusinessWeek today titled Addressing the Dearth of Female Entrepreneurs*.* He makes the argument that “There are too few women running high-tech companies; that’s too bad, considering evidence shows female-led businesses outperform those run by men” and concludes “[I] hope that when I revisit this topic in subsequent years the percentage of women launching IT companies rivals the percentage of women going into law, medicine, and higher education. The outcome would benefit us all.”

Sometimes a person says one sentence that just sticks with you and is so perfect that it defines a whole category of behavior. Mark Pincus, the CEO of Zynga, riffed on the phrase “be the CEO of your job” in a board meeting a year or so ago. It stuck with me and I’ve thought about it many times since. On Sunday, the NY Times did a great “Corner Office” interview with Mark titled Are You a C.E.O. of Something? Among other things it explored the idea of being the CEO of your job. Fred Wilson – also an investor in Zynga – wrote a post on Sunday titled Empowering Your Team which talks about one aspect of this. But Fred left out a great example from one of Mark’s earlier companies (Support.com) which really nails this concept.

Help me get my photo of Amy’s Burning Mercedes up on Fail Blog. All you have to do is click through on the picture below and vote for it. moar funny pictures And yes – that really is Amy’s old Mercedes on fire in our driveway. Oops.

I had a very interesting meeting yesterday with an MIT Professor who I’ve known for a long time. He is anti-software patent, as am I. However, he suggested something I hadn’t really spent much time thinking about, namely that patents slow down innovation. Some very credible folks have been talking about this for a little while, including James Bessen and Michael Meurer in their excellent book Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk. 

Steve Bell of Startup Trek came to Boulder about a month ago and did an interview with a bunch of Boulder people, including me. Following is part one (12 minutes) of the interview where I talk some about my history, my first company Feld Technologies, and the Feld Technologies’ motto (“we suck less.”) I also spend some time talking about how I first learned how to do deals, acquire companies, and make angel investments. You get to learn how I met Fred Wilson, Rich Levandov, and Jerry Colonna. And, as a special bonus, you get to see a reasonably tired version of my avatar sitting in one of the chairs in my office.