I had a dream last night. In it, I was sitting in front of an old PC. I typed: c: cd\ copy con config.sys files=255 buffers=32 I can’t remember much more of the dream. But – I do remember typing this. My dream must have been about something in 1991.

Suddenly the blogosphere is talking about the need for a standardized first round term sheet. The latest iteration of this seems to have blossomed when TheFunded Founder Institute released a “Plain Preferred Term Sheet” (developed with WSGR). According to the article in TechCrunch, the goal is to (a) protect founders and (b) reduce legal fees. Kudos for yet another shot at this – between all the blog posts that have been written about this over the past few years, term sheets are no longer a mysterious thing to an entrepreneur.

Dave Jilk, my first business partner (Feld Technologies) and I have settled into a nice annual tradition of climbing a 14er each August. This year we climbed three in one day – Mt. Democrat, Mt. Cameron, and Mt. Lincoln. We started at 6:15am Saturday morning. By 8:15am we were at the top of Mt. Democrat. The purists don’t count Mt. Cameron as a 14er since there isn’t enough descent between Mt. Democrat and Mt. Lincoln. But I count it because by the time you get to the top of Mt. Cameron you definitely feel like you’ve climbed another big mountain. Plus, I was powered by my TechStars socks.

I’ve personally made around 75 angel investments during two periods of time – 1994 – 1997 and 2006 – 2007. The first was the period of time after I had sold my first company but before I co-founded what become Mobius Venture Capital. The second was between the end of the “investment period” (the time when we could make investments in new companies) for the Mobius Venture Capital 2000 fund and when my partners and I raised our first Foundry Group fund in the fall of 2007. Per my agreements with my limited partners, I can’t make angel investments during the time period that I have an active fund in the market. So – I’m “out of the angel investment business” (although I can make a follow on investment in any company that I’ve made an investment in.)

In January, I made a seed investment in a company called Standing Cloud. My premise was that as “cloud computing” proliferated, it’d be a total mess for the typical application developer and ISV. Over the past six months a small team of super talented long time software developers and system architects have been exploring a wide variety of cloud services, OS instances, and popular open source software packages to understand where the “extremely broad painful problem that no one is addressing” is going to be.

I regularly get asked some variant of “what books would you recommend to an entrepreneur.” I typically send a quick email answer along with a link to the list of all the books I’ve read in the past few years. Earlier this week, Fred Wilson forwarded me and Jerry Colonna (his old partner at Flatiron Partners) an email exchange he had with an entrepreneur. The question in the email was:

Or were you recently fired or laid off? Or are you an analyst (especially someone in the typical two year pre-business school programs) at a consulting firm that hates your job? One of my investments – Zynga – is hiring like crazy and wants to talk to you – we’ve hired a few folks like you and they’ve worked out great. The job spec follows – if you are interested email your resume to jobs@zynga.com.

I don’t know who’s managing the District 9 twitter marketing campaign, but their abuse of twitter (via their creation of Twam – “twitter spam”) just caused me to decide not to go see the movie tonight. Here’s the history of the experience. On August 15th, I tweeted “has anyone seen District 9? Worth it?” I got a handful of generally positive responses including one that said “@bfeld district 9 was very good. stylistically a bit reminiscent of 28 Days Later. well done and entertaining. also, go see hurt locker.” I didn’t recognize the handle of the person that tweeted it to me but I noticed it since it was more descriptive than others.

One of my favorite lines from TechStars is that “investor day is just the beginning”. In this great wrap up of the TechStars 2009 video series, David Cohen says it around 6:30. The Founders | TechStars Boulder | Episode 12 | The Beginning from Andrew on Vimeo. All twelve episodes are up on the TechStars website. I think Megan Leigh Sweeney of Alpine Light Pictures just did an amazing job with this project.