Leadership is Pulling Together, Not Tearing Apart

Our Colorado governor, Jared Polis, displayed an amazing act of leadership in his response to what I consider a question posed in an extreme and divisive way yesterday. Colorado Gov. Jared Polis gets choked up when he’s asked about people who have compared COVID-19 stay-home orders to Nazism. Polis is Colorado’s first Jewish governor. pic.twitter.com/noJqbqVObZ — Next with Kyle Clark (@nexton9news) April 15, 2020 The question asked was: We are hearing a lot of reports around here … about neighbors reporting on other neighbors for not following the orders … rebellion out here against your orders which have been called tyrannical, against local health department orders being equated to Naziism. How do you react to that? What do you say to those people who are clearly getting frustrated with this stay at home order? ...

April 16, 2020 · 2 min · Brad Feld

Taking Care of 2 Million Essential Ears with Glowforge

We are all looking for ways to help during the COVID crisis. The most important thing most of us can do is simple: stay home. Taking social distancing seriously is our best collective measure against the pandemic right now. But we need to help the people who can’t stay home. Glowforge has launched the 2 Million Essential Ears initiative. The goal is to print 1 million Ear Savers on Glowforge printers across the US and get them for free to the essential workers who need them. ...

April 14, 2020 · 2 min · Brad Feld

Digital Sabbath in the Time of Covid

I usually do a digital sabbath from Friday sundown to Sunday morning. No email. No meetings (except urgent ones). I used to do no phone, but the text dynamic to coordinate getting together has made that difficult (even in the world of Covid) so I check the lock screen on my phone a few times a day and deal with anything important. Until yesterday, I hadn’t had a digital sabbath since 3/14. I also hadn’t had a day off since 3/14. ...

April 12, 2020 · 3 min · Brad Feld

Community in the Time of Covid

When Amy and I had life dinner on March 1st, we were both tired after a three-week trip to Boston, Miami, and Atlanta. As we discussed the potential impact of Covid, we talked about the current state of things in the US. The stock market had already had a 15% or so drop but there were less than 10 deaths (all in Seattle) from Covid in the US. I remember us having an anxious evening that included the statement “I’m really glad February is over and we are back home in Boulder.” Prescient, but not really what we meant. ...

April 10, 2020 · 3 min · Brad Feld

Understanding Social Distancing

While many people are taking social distancing seriously, there are plenty who are not. I’m hearing regular stories of packed public parks, too many people on trails, lots of people crowded into Home Depot picking up home repair things, and strange parties that I can only rationalize as civil disobedience gone awry. https://twitter.com/JoshuaGrubbsPhD/status/1248317963566006272?s=20 While it’s tough to stay home all the time, wear a mask in public, and keep a real physical distance from anyone outside your home, it’s really important right now. A large number of people on the front lines are literally risking their lives and working incredibly hard to get ahead of the health impacts of this disease. Simultaneously, a correspondingly large number of people, both in government, private industry, and volunteers, are working behind the scenes to get to whatever “the new normal” is going to be in our society. ...

April 9, 2020 · 1 min · Brad Feld

HumanKind: CU Boulder Helping with the Covid Crisis

For over a decade, I’ve worked closely on a number of entrepreneurial initiatives with my friend Brad Bernthal, an Associate Professor at Colorado Law and the Silicon Flatirons Center . The past few weeks unexpectedly resulted in a new project with Brad B. and CU’s entrepreneurial community. On March 19, Bart Temme, and entrepreneur in Holland, reached out to me and Brad B. The next day we jumped on a call. Bart shared notes about how the startup community in his area of Holland mobilized in response to COVID-19. Bart provided grim notes about the reality of the contagion and the needs of their area. Yet Bart also spoke about the possibilities for entrepreneurial networks, accustomed to taking action and helping each other, to make an impact. ...

April 8, 2020 · 4 min · Brad Feld

SBA Paycheck Protection Program (PPP) Loan Estimator

Unsurprisingly, numerous SBA PPP Loan calculators have appeared on the web. Many of them are tied to a specific bank and have various complexity (or simplicity) in determining the amounts available. We’ve tried a few of them for comparison and found the calculations to be inconsistent. So, we created our own and validated it with a number of accountants and lawyers. As the rules changed (and they continue to change), we updated it so we believe that it is current as of 4/8/20. ...

April 8, 2020 · 1 min · Brad Feld

Thoughts For VC Backed Companies Considering SBA/PPP Loans

My partner Seth Levine recently put up an extremely thoughtful post titled SBA PPP Loans Aren’t for Everyone . Go read it now – I’ll be here when you get back. Seth references two other posts to read and consider. The first is by Albert Wenger at USV titled VC Backed Startups and PPP: Do You Really Need It? The other is an OpEd for CNBC written by Seth and Elizabeth Macbride titled Stampede for emergency loans is crushing lenders, putting millions of small businesses at risk. Here are steps to fix the system. ...

April 8, 2020 · 5 min · Brad Feld

Please Wear a DIY Cloth Mask in Public

The CDC finally issued guidance to Use of Cloth Face Coverings to Help Slow the Spread of COVID-19. If you go out in public, please wear a “Cloth Face Covering.” I’m using every ounce of energy that I have to avoid talking about the politics of any of this. Rather, I’m focusing on actionable things with clear reasoning for them. Before I explain why this is so important, here are two websites that clarify the types of face coverings I’m talking about. Specifically, these are homemade (or DIY) cloth face coverings. ...

April 4, 2020 · 4 min · Brad Feld

The Three Crises

While everyone I know feels the weight of being in the midst of the Covid crisis, we are actually dealing with the overlap of three linked crises. Understanding this, and putting it in historical context, has been helpful to me as I process real-time inputs and prioritize my activities. The three crises are (1) a health crisis (Covid-19) that has generated a (2) financial crisis, each of which has generated massive societal disruption which will generate a (3) mental health crisis. ...

March 31, 2020 · 4 min · Brad Feld