Venture Deals Online Course – Spring 2019 Registration Is Open
We are running the Venture Deals Online Course again. Registration is now open and it runs from April 7, 2019 – May 31, 2019. It’s produced by Kauffman Fellows Academy
We are running the Venture Deals Online Course again. Registration is now open and it runs from April 7, 2019 – May 31, 2019. It’s produced by Kauffman Fellows Academy
A central theme of science fiction over the past 20 years has been the dystopian future of humans, laying on couches, connected to machines that feed them and process their waste, while they interact with a virtual world. Advanced versions of this technology let you move around or relax in a comfortable creche. Today we call it VR. I wish the abbreviation, which seems so harmless, had never taken hold as the phrase “virtual reality” helps remind us, just a tiny bit, of what we are talking about.
I read Roger McNamee’s book Zucked: Waking Up to the Facebook Catastrophe the day it came out. While likely uncomfortable for a lot of people, it was excellent, provocative, and challenging all at the same time. I have not, nor have I ever been, an investor in Facebook. However, I benefited indirectly from, and indirectly contributed to, the rapid rise of Facebook as an early investor in Zynga. I remember being amazed at the pace of growth of both companies and, in an effort to understand it better, went deep on how each company’s product intersected with the psychology of humans.
As part of the Sphero RVR Kickstarter campaign, Amy and I have decided to give away up to 200 RVRs as part of a new tier called the 2 RVRs for you + 1 for a Teacher tier. If you buy this tier, you get two RVRs. Then, you get to designate a teacher – any teacher – who you’d like to give a third RVR to. Our foundation (the Anchor Point Foundation) will be underwriting this.
We’ve been investors in littleBits since 2013. Last night, littleBits was featured as an example in the 60 Minutes segment on Closing the Gender Gap in the Tech Industry. Among other things, I’m especially proud of Ayah Bdeir’s leadership on this issue over the years. There are two great interview segments with her that discuss (1) To increase girls in tech, focus on ages 8-12 and (2) The importance of teaching girls to fail.
Several friends have mentioned that I’d love Cal Newport’s writing. I finally got around to reading his most recent book, Digital Minimalism: Choosing a Focused Life in a Noisy World and my friends were correct. Newport is famous for being a millennial, computer scientist, and a book author who doesn’t have a social media account. Digital Minimalism is complementary to Jaron Lanier‘s book Ten Arguments for Deleting Your Social Media Accounts Right Now, but I found Newport a lot more comfortable and convincing. More importantly, it reinforced a number of changes that I’ve already made in my life over the past few years.
I participated in a one hour Crowdcast yesterday with Techstars and 43 North about How to Build a Successful Startup Ecosystem in your City. Some of the thoughts from my upcoming book The Startup Community Way are in the hour, along with a bunch of things Techstars is doing around this initiative. powered by Crowdcast If you are in a city somewhere in the world working on developing your Startup Community and are interested in learning about the new Techstars Startup Ecosystem Development product, drop me an email.
I’ve been doing a three-year future org chart exercise with the CEOs of a number of the companies I’m involved in between $25m and $250m in revenue. This can be done on a napkin, a sheet of paper, or a whiteboard. It should not be done in PowerPoint, Google Slides, or a fancy org chart maker app. It should be done in real-time, without preparation, and in front of a small group, which could include co-founders or board members. But, start with a small group – no more than four people in total.
Every year, one of my favorite things to read is the Berkshire Hathaway annual letter. The 2018 version is out and, as always, is a beautiful thing to read if you have any interest in business and economics. I particularly loved Warren Buffett’s reflections at the end of the letter in a section called The American Tailwind, which follows: On March 11th, it will be 77 years since I first invested in an American business. The year was 1942, I was 11, and I went all in, investing $114.75 I had begun accumulating at age six. What I bought was three shares of Cities Service preferred stock. I had become a capitalist, and it felt good.
Amy and I are long-time supporters of the Boulder International Film Festival. The 2019 festival starts soon and runs from February 28 to March 3rd. Bias, one of the documentaries that we helped fund, is making its Colorado Premier and showing on Saturday, March 2, 2019 at 10:00 am. Robin Hauser, the director, is spectacular. Amy and I supported her previous moving Code: Debugging the Gender Gap, which was dynamite, incredibly informative, and very accessible.