Money Doesn't Solve Problems. People Solve Problems.

One of our favorite VC firms to work with is True Ventures. I’ve made many investments over the years with both Jon Callaghan and Tony Conrad, and I love being a co-investor with them. Recently, Tony told me a great Jon Callaghan quote. “Money Doesn’t Solve Problems. People Solve Problems.” I’ve learned this lesson 7,345,123 times. Every successful company I’ve been involved in had a least one near-death experience. Most of the successful companies I’ve been involved with have had at least one stall period, where growth slowed dramatically for some time. Lots of successful companies I’ve been involved in were tight on cash for extended periods. Some successful companies I’ve been involved in looked like they were doing well if you looked at their top line revenue and growth numbers, but were a disaster below the surface.

January 11, 2019 · 3 min

Manage the Clock

I used to be chronically late to everything, both personal and professional. In my twenties, before cell phones, I was one of those people that others referred to as having “Brad time” which did not correlate with the actual time in the world. My calendar and schedule was a rough sketch, not even a guide. My lack of attention to time finally imploded on me around age 35 when Amy said she’d had enough on multiple dimensions of our life. The foundational issue for us was that my actions didn’t match my words, and by being late all the time, I wasn’t honoring my priorities (which I would regularly say was Amy over everything else …) If you ever get us together at a meal and want to hear some epic “Brad was late” stories, ask her about the Postrio dinner of 2000.

January 10, 2019 · 4 min

Book: The More You Hustle, The Luckier You Get

James Oliver, Jr. has written a fun book that is part memoir, part advice, for what he calls Parentpreneurs (entrepreneurs who are trying to raise kids.) He’s got a website with a bunch of history about him, his journey, and the book. It’s also got some pictures of his twins, which even I, as a non-kid kind of person think are pretty adorable (although they are apparently eight now according to James, so I’m not sure if they qualify as adorable anymore, but they probably do.)

January 9, 2019 · 2 min

My Mom's Haiku Project

I love a Haiku My mother is an artist Haikus in winter My mom has started a haiku project. She takes haikus that friends write and turns them into a collage. Following is a haiku I wrote after my mom sent me an email asking me for one. Yes, I was in Charlotte, North Carolina at the time. I’m on the board of AvidXchange and this likely was written the night before the one board meeting a year I attend in person. Charlotte is a nice place, so this is less about Charlotte and more about me.

January 8, 2019 · 2 min

Sphero's Contribution to DonorsChoose.org

Last month, Amy and I matched all of the Colorado first time DonorsChoose.org projects. So far, 103 projects have been fully funded, with a total of $25,722 donated. We still have plenty of matching dollars out there, so we’ll continue to run this match for a while. In the meantime, I started talking to my friends at Sphero about doing something similar for all the DonorsChoose.org projects that have a Sphero as part of them. They got excited about it and have announced a $110,000 gift to Donorschoose.org to match anyone who donates to any of the 200+ teachers on Donorschoose.org who have Sphero products included in their projects.

January 7, 2019 · 2 min

Facts Have No Feelings

The following post is the one I was referring to when I wrote The Moment You Realize You Aren’t Comfortable With What You Wrote. After I wrote it, I searched around for the quote but came across links to a speech by Ben Shapiro titled “Truth Is A Microagression” along with a bunch of commentary about Shapiro suggesting “Facts don’t care about your feelings” and counterarguments that “Facts do care about your feelings.”

January 4, 2019 · 4 min

Dear Apple: Please Sync My Dock

Someone mentioned that Apple stock is having a difficult time right now, along with their Q4 performance, China strategy, and “let’s just raise the price on iPhones to make up for lower demand” strategy. I’m not really interested in Apple stock (I don’t own any.) I’m more concerned with the Apple Dock. My MacOS Dock to be more specific. Here’s the one from my laptop. Here’s the one from my desktop, which is in a room about 25 feet away.

January 3, 2019 · 1 min

What’s Your Frame of Reference for a Downturn?

A lot of people are predicting that 2018 was the peak and the beginning of a downturn / recession / whatever-you-want-to-call-it. I’m not a predictor so I have no idea. I try not to pay attention to the macro (as I’ve said many times), but I do think it is important to have a frame of reference about it. My frame of reference has a few components. First, it’s going to be incredibly noisy out here on planet Earth. The year 2018, especially in the United States, was full of endless, chaotic noise that carried very little signal. It was either noise for noise’s sake (and page views), or misdirection (like in the movie Swordfish).

January 2, 2019 · 2 min

Welcome to 2019

Three of my colleagues at USV have first day of the new year posts up this morning that inspired me. Two are macro-related (Fred’s and Albert’s) but one is personal (Bethany’s). Take a look at all three – they are a good way to get ready for what is to come. Fred: What Is Going To Happen In 2019 Albert: Staying Optimistic: Happy New Year! Bethany: New Year, new mantra Fred’s punchline is “It is going to be a doozy” and I agree. But from my frame of reference, every one of my 53 years on this planet has been a doozy. So, while the macro will for sure be another doozy, I’m focused on what my @bfeld v53.0 goals are and how I’m doing a month into the v53 journey (v53.1).

January 1, 2019 · 3 min