An Honorable Run and American Power
When I’m at my house in Keystone, I work my way through my infinite pile of physical books rather than reading on my Kindle. It’s always a mystery as to
When I’m at my house in Keystone, I work my way through my infinite pile of physical books rather than reading on my Kindle. It’s always a mystery as to
As we finish up the year, I’m really pleased with the progress the Startup Visa gang is making. I started thinking about, writing, and working on this on 9/10/09 when I wrote the post The Founders Visa Movement. One quarter later, we’ve: Put together a core group of entrepreneurs, angels, and VCs who are working on this. Received a tremendous amount of positive feedback from entrepreneurs and investors who have struggled with this issue. Verified that this is a real issue, there is no current solution under the existing visa system, and even though there are plenty of immigration lawyers who say “no problem, I can get around this”, there aren’t clean solutions. Engaged with a number of Congressmen in both the house and the senate. Found a member of the house who is sponsoring a bill addressing the issue. Talking to several folks on the senate side to find a sponsor. Codified a first clean draft of language around this. Build lots of grassroots support and enthusiasm. Gotten plenty of discussion going in the blogosphere and mainstream media. Shortly after I started talking to people in Congress about this it became clear that this wouldn’t be a 2009 legislative issue given the massive financial and health care reform issues being worked on in Congress. So – we decided to use Q409 to “figure this out” with a goal of launching aggressively in Q110 with the goal of having this be part of whatever immigration reform activity happens next year, especially in the context of a renewed push for job creation activity in the US.
After having a few conversations yesterday about the Startup Visa, I realized that I never posted the Wall Street Journal OpEd on the Startup Visa that Paul Kedrosky and I wrote and had published on 12/2/09. I don’t know the rules about reposting OpEd’s – I assume that since we wrote it I can republish it. If that’s not true, I’m sure some one will tell me. In the mean time, here it is:
There were some great comments on my post from Sunday titled Being Syndication Agnostic. One of them was from Kevin Vogelsang – he asked the following question: What are the downsides to syndicating a round of financing for the entrepreneur/startup (assuming the relationship with all investors is a good fit of course)? By syndicating a deal, the entrepreneur gains access to a larger network. This seems to be a big positive. However, there must be downsides (less attention, more interest groups, etc.) Love to hear more on the topic.
I’m not on an airplane again until 2010 (1/6/10 to be exact when I head to Las Vegas for CES) which is a relief since I flew 87 segments 2009. Ok – not as much as Ryan Bingham in Up in the Air (very good BTW) but enough to decide to boycott United whenever possible. One pleasant surprise on a flight from DEN to OAK on SWA was the presence of Wi-Fi. I paid my $12 and worked online for two hours instead of using my airplane sleeping superpower. Little did I know that I was on one of the four planes in the SWA fleet of 500 that had Wi-Fi according to the Gizmodo Complete Inflight Wi-Fi Cheat Sheet.
Bijan Sabet started it with a great post titled We Gotta Do A Deal Together and Fred Wilson followed with an equally great post titled Trading Deals, A Lost Art? I’m going to try to add to the mix with this post by describing our strategy at Foundry Group around syndication and explain a little of where it came from. Please read both Bijan’s and Fred’s posts as it’ll provide a lot of context for this one.
Regular readers of this blog know that I’m Chairman of the National Center for Women & Information Technology. In five years, NCWIT has become a prominent national organization helping encourage, inspire, advocate, and educate women (and girls) to get involved in computer science based on the following belief: “We believe that inspiring more women to choose careers in IT isn’t about parity; it’s a compelling issue of innovation, competitiveness, and workforce sustainability. In a global economy, gender diversity in IT means a larger and more competitive workforce; in a world dependent on innovation, it means the ability to design technology that is as broad and creative as the people it serves.”
I’m really pleased that FeedBurner has finally implemented a Socialize feature. With a few settings, I can now connect my Twitter account to my FeedBurner profile and, when I post something to my blog, have it automatically tweeted out. There are plenty of nice options to help me format this and the traffic data is supposed to show up in my Google Analytics account, but I haven’t seen it yet.
I have to keep reminding myself that some things just take a long time. My rampage against software patents continues and, while my efforts around the StartupVisa have dominated my “government time” in the past quarter, I’ve still got my eye on the ultimate goal of rendering the construct of a software patent invalid. I smiled yesterday when I saw the short article titled 3D Computer Graphics Patents Deemed Invalid. The key line from the article is “Though the calculations may be performed on a computer, they are not tied to any particular computer. For these reasons, the claims of the [patents-in-suit] fail to pass muster under the Bilski machine implementation test for patentability under 35 U.S.C. § 101.”
I really miss Jack Bauer. Hopefully he’ll be back on my giant screen in my living room soon. In the mean time he interrogates Santa Claus. You can see that Jack is getting soft. Santa Claus has always stood up to a lot of scrutiny. We all know that one day the Santa Claus Sex Scandel will hit, but I expect Ms. Claus will stay by his side. Jack – I was hoping for better from you on this one.