Boundless

Boundless Immigration , a company we’ve been investors in since they spun out of Pioneer Square Labs venture studio, raised a $25 million financing last week . If you are a regular reader of this blog, you know that I’ve been involved in and advocating for legal immigration since 2010, when, with a half dozen other VCs and entrepreneurs, I co-created the Startup Visa initiative. Since then, I’ve been involved in many immigration-related activities, including the Global EIR program , a docu-drama called For Here or To Go, and direct involvement in helping many immigrants to the US get their visas and green cards. ...

Xiao Wang , the founder, and CEO of Boundless , recently gave a speech at the 2019 convocation of UW’s Information School . It was 15 minutes long and I thought it was extraordinary. Xiao – nice job weaving in a Mary Oliver quote at the end. “Tell me, what is it you plan to do with your one wild and precious life?“ I’m honored that I get to work with you.

Life often involves tough tradeoffs. I love running marathons but I’m less happy about the body soreness and longer recovery cycles as I age. I’m excited about every investment Foundry Group makes, but I know not all of them are going to pan out. Entrepreneurs talk about “changing the world”, but the companies that emerge often ring hollow against this backdrop. And, when confronted with a for-profit company that has a strong social mission, many founders and investors struggle with the profit motive. ...