Sendgrid

One of the key components of any university is space for studying, acting, writing, and painting – but what about space for starting up companies? The University of Colorado Boulder has been at the forefront of breeding and teaching entrepreneurship for many years now, but it has been missing a communal area where student entrepreneurs can work, gather, and live. Enter Spark Boulder. Spark is the first space dedicated for startups and entrepreneurially-minded students at CU. The community has really rallied together to make this happen – Spark’s founders, a set of students and alumni who buy into the concept of “doertocracy ,” have the support and involvement of both on-campus and off-campus organizations. ...

Last week our portfolio company, JumpCloud – who is deep in the DevOps market with their automated cloud server management product – hosted the first annual DevOps conference here in Boulder. It was a huge success – we had over 200 people show up and engage in a full day of deep discussions on DevOps. We are huge fans of the DevOps movement. Similar to how we got involved in the Agile movement early with our investment in Rally Software , we are long on DevOps with investments in companies such as JumpCloud , VictorOps , SendGrid , Pantheon , Authentic8 and others. We see DevOps instantiating the lean startup culture throughout an organization. DevOps promotes short cycle times, automation, and deep integration across a company with the goal of innovating quicker and more effectively against customers’ needs. In short, we view it as a cultural methodology that increases the odds of success for a company. ...

The roster at TechStars continues to grow with awesome people. In the past month, TechStars has announced Mark Solon as a general partner, Luke Beatty as managing director for Boulder and Ari Newman as Network Catalyst. I’m proud to claim all three as close colleagues. Mark is a long time friend – we’ve invested in a number of companies together over the years including SendGrid , Orbotix , and Lijit . He’s been involved as a mentor to TechStars since the beginning and his endless positive energy and attitude was a huge inspiration for my Boulder Thesis . When he announced that he wasn’t raising another fund at Highway 12 Ventures , David Cohen started talking to him about taking a more active role with TechStars. Voila! ...

We constantly hear about “product market fit.” But my post yesterday about The Power of Passion When Starting Your Company was about “founder market fit.” And I’ve come to believe that – especially among first time entrepreneurs – founder market fit is much more important than product market fit at the inception of the company. I stumbled on the phrase a few times over the past year and it’s been rolling around in my head a lot since. The first time was on Chris Dixon’s blog Founder / market fit which led me to a guest post by David Lee of SV Angel on More Thoughts on What Makes Great Entrepreneurs Great . ...

We’ve been investing in our Glue theme and Protocol theme for a long time – well before we started Foundry Group. Many of our Glue investments and our Protocol investments are growing quickly and becoming integral parts of the Internet and web software infrastructure. It made me smile to see a recent post from Promoboxx titled We’re Powered by TechStars Companies. It’s a great post about focusing on what matters for your product while leveraging great technology infrastructure from other companies. Several of the companies we are investors in are mentioned, including SendGrid and FullContact , each which are TechStars companies that we invested in after they finished the program. ...

Last week we announced our investment in Awe.sm . It’s squarely in our Glue and Protocol themes and is similar to investments we’ve made in SendGrid (for transactional email infrastructure) and Urban Airship (for push notification infrastructure). Oh – and the founders – Jonathan Strauss and Laurie Voss are – well – awesome. We love things that wire the web together and believe Awe.sm is the company to do that for the construct of “sharing.” Specifically, Awe.sm’s goal is to become the key infrastructure provider powering quantitative performance marketing across the social sharing channel. ...

Fred Wilson had an excellent post up this morning titled Social Media’s Secret Weapon – Email . I completely agree that email is the key communications channel for social media and have written about this before in posts like 100% Click Through Rate , Email – The Original Social Graph and Email Is Still The Best Login . I’ve been investing in email related stuff for over 15 years going back to Email Publishing, my very first Boulder-based investment which I believe was the very first email service provider (ESP) and was acquired by MessageMedia which was then bought by Doubleclick. Fred and I are both investors in Return Path which he calls out in his post as the category creator and market leader in email deliverability. I love Return Path as a company and am incredibly proud of what they’ve done as a business. ...