It’s the summer of 2001. The NASDAQ peak is in the rear view mirror. Many Internet companies are struggling. I’m sitting at the breakfast table at Len Fassler’s house in Harrison, New York drinking a cup of coffee and chewing on a bagel. Len and I co-founded Interliant (originall … | Continue reading
In the last seven months, the venture / entrepreneurial world has gone from “the only thing that matters is massive growth” to “the world is going to end.” For perspective, all you need to do is look at a dozen high-flying IPOs from 2020 or 2021 to see that the peak happened just … | Continue reading
I’m seeing an endless stream of hardware-related companies these days. In our world, we are focused on software wrapped in plastic, a line I think I first used some time in 2012. If you understand our themes, it fits squarely within human computer interaction for us. There was a … | Continue reading
Connie Loizos is one of the long-time tech industry writers who I respect. I don’t respond to many interview requests these days, but I’ll always talk to her. She has a good article today in TechCrunch titled Embrace the down round (it’s going to be okay, maybe). I like the quote … | Continue reading
I reread Enough.: True Measures of Money, Business, and Life by John C. Bogle over the weekend. I’d read it in 2012 and it had a huge impact on me. If you aren’t familiar with John C. Bogle, he founded The Vanguard Group, is credited with inventing the index fund and is a spectac … | Continue reading
Last week, I was asked to write up my “Top 10 bootstrapping actions” for a book on bootstrapping that should be coming out later this year. Bootstrapping must be in the air as Fred just wrote about how he teaches about it in his course at NYU Stern and Jerry just wrote about it f … | Continue reading
Each morning during the week, after morning coffee together, Amy says, “Ok, time to go eat my frogs.” She’s usually told me about the one or two or three frogs she has for the day, and her statement is a rhythmic part of our morning. Yesterday, I asked her where that phrase came … | Continue reading
My mom is extraordinarily patient. Several weeks ago, I bought her a brand new Mac as a mother’s day present. She was using a 2010 Mac, and it was time for her to use one that didn’t have an endless spinning pinwheel of Mac slowness on it. I had it sent to me, although there’s a … | Continue reading
Dear Discord: Please go public and stay independent instead of being acquired. Love, Brad. I’ve become a huge Discord fan and user of the past year. I’ve got many daily reference points from products that I use for real-time communication channels: Slack, Telegram, Signal, iMessa … | Continue reading
A few minutes ago, Amy sent me this to ponder as we head into the weekend after an intense week. Find meaning. Distinguish melancholy from sadness. Go out for a walk. It doesn’t have to be a romantic walk in the park, spring at its most spectacular moment, flowers and smells and … | Continue reading
I expect we’ll be exploring, unscrambling, pontificating, and dealing with what is happening with GameStop (GME) for a while. If you are reading this in the future and want some historical context for the rest of this post, this chart from the last 30 days of trading is instructi … | Continue reading
I’m working on a new book with Dave Jilk, my first business partner. It is titled The Entrepreneur’s Weekly Nietzsche: A Book for Disruptors. We are in the home stretch (it’ll be published sometime in the second quarter), and I’m adding a little connecting tissue to the major sec … | Continue reading
Until six weeks ago, my favorite software product of all time was Lotus Agenda. We ran my first company (Feld Technologies) on Lotus Agenda from when the first version of Agenda came out sometime in 1990 to when we sold the company in 1993. If you aren’t familiar with Agenda and … | Continue reading
Multiple times a day, someone in my network asks if I’ll make an intro to someone else. I’m almost always happy to do this and, if not, I will explain why. I like to do opt-in intros, where I ask the person on the potential receiving end of the intro if they are open to the intro … | Continue reading
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 acti … | Continue reading
For the past week, I’ve been asked at least once a day (yesterday I was asked several times, with an R0 of 3) about what I think the coronavirus’ impact will be on the global supply chain. I have a perspective that it’s too early to really know but there are starting to be guidel … | Continue reading
I continue to be a strong supporter of legal immigration to the United States. A fundamental belief of mine is that entrepreneurs should be able to start their companies anywhere they want. A corollary to that is some of the historical success of the US as an entrepreneurial ecos … | Continue reading
As I was reading The Atlantic article Silicon Valley Abandons the Culture That Made It the Envy of the World I kept flashing to the end of Anna Wiener’s awesome memoir Uncanny Valley. And it was no surprise to see this article in the Boulder Daily Camera titled Big tech in hot se … | Continue reading
Recently, a friend of mine told me about the experience of giving his kid his first cell phone (I think around age 11.) As part of the experience, he decided to write up a contract with rules of engagement. He went through it with his kid in detail and they both signed it. I had … | Continue reading
In Neal Stephenson’s newest book, Fall; or, Dodge in Hell: A Novel, the protagonist Richard “Dodge” Forthrast uses the phrase “The Miasma” to refer to the collection of technology that we commonly call “The Internet.” When I first came across the phrase, I said out loud, “Brillia … | Continue reading
In 2011, my now-partner Chris Moody (and then-CEO of Gnip, which I was on the board of) kicked my butt about my endless statements about hating marketing. His thoughts on recasting “marketing” as “thought leadership” appeared on this blog in a post I Don’t Hate Marketing. It rema … | Continue reading
As Amy and I settle into our time in Homer, we spent a lot of last weekend (and the evenings) reading. We don’t have a TV up here, so our lying around entertainment is reading with some bonus knitting time for Amy. I’ve been working my way through the books at the upcoming Author … | Continue reading
I got the following email from Reid Hoffman this morning. Inspired by Lin-Manuel Miranda’s Hamilton, I produced a battle rap music video about centralized and decentralized currencies, pitting Alexander Hamilton against Satoshi Nakamoto. I hope the video gets more people talking … | Continue reading
I’m an enormous Jim Collins fan. It’s a special bonus that he lives in Boulder. He just came out with a short monograph called Turning the Flywheel. It’s only 40 pages but stunningly good. In it, he dissects the concept of the flywheel, which he first described in his seminal boo … | Continue reading
I watched HBO’s Chernobyl the past few nights. I finished it last night, took a deep breath, and said out loud to myself, “that was spectacular.” One of the final quotes that stuck with me is the title of this post. The full quote is “Every lie we tell incurs a debt to the truth. … | Continue reading
I read Ben Horowitz’s The Hard Thing About Hard Things last weekend. This is the third time I’ve read it. It gets better each time. If you are a CEO and you haven’t read it, buy it right now and read it next weekend. There are endless gems in the book, many of them from Ben’s own … | Continue reading
If the majority of your understanding of how tariffs work is from Twitter, CNN, or Fox News, I encourage you to go read Trump’s China Tariffs Hit America’s Poor and Working Class the Hardest. And, if you think China is paying the U.S. directly for the tariffs, well, no … We have … | Continue reading
There are lots of blogs and anecdotes on (a) how to build a successful SaaS company and (b) what a successful SaaS company looks like. Yesterday’s post by Neeraj Agrawal from Battery Ventures titled The SaaS Adventure is another great one as he describes his (and presumably Batte … | Continue reading
As exits have been flowing nicely again the past few years, many of the entrepreneurs I work with have experienced their first big exit. I refer to this moment as when you find that you have life changing money in your bank account, which I like to call “fuck you money.” You now … | Continue reading
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 … | Continue reading
While there have been many words written about gender bias in the context of entrepreneurship and funding, I thought the following TED Talk from Dana Kanze presented one of the best frames of references, supported by a real research study, that I’ve seen to date. In addition, she … | Continue reading
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 … | Continue reading
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 … | Continue reading
Yup. I’m done with Facebook. However, it’s tough to delete your account. Read the message above. I exited out of this screen, suspended my account instead, but then went back 15 minutes later and actually deleted it. Well – I started the deletion process. I don’t know what day I’ … | Continue reading
One of our themes is Protocol. We’ve been investing in companies built around technology protocols since 1994. One of my first investments, when I moved to Boulder in 1995, was in a company called Email Publishing, which was the very first email service provider. SMTP has been ve … | Continue reading
While it’s easy to tell people things, it’s much more powerful to learn things. And, as I get older, I see the same lessons being learned by subsequent generations. While this isn’t a post that says “everything is the same as it was before”, there are foundational lessons in life … | Continue reading
I regularly get asked where my investing philosophy comes from. There isn’t an easy answer, as it comes from a lot of places, numerous people who influence my thinking (publicly and privately), my partners, and lots of reflection and critical thinking around things that have work … | Continue reading
I’ve written several times about leveling the playing field for women in tech, including our own actions at Foundry Group. I’m always keeping my ear to the ground for how to do this better. Recently, I was connected to Kate Catlin, the Founder of Find My Flock, by my partner Jaso … | Continue reading
The holographic display of the future is here and you can have one on your desk for under $600. Ever since I saw Princess Leia appealing to Obi Wan that he was her only hope when I was 11, I’ve wan… | Continue reading
The holographic display of the future is here and you can have one on your desk for under $600. Ever since I saw Princess Leia appealing to Obi Wan that he was her only hope when I was 11, I’ve wanted a holographic display. Movies like Minority Report and Back to the Future II (d … | Continue reading
In addition to our own funds, we are investors in a number of other early-stage VC funds as part of our Foundry Group Next strategy. Yesterday, in one of the quarterly updates that we get, I saw the following paragraph. “Historically, the $10 million valuation mark has been somew … | Continue reading
We’ve been soaking (and investing) in the world of 3D printing since our investment in MakerBot in 2011. Since then, we’ve made three other investments in the world of 3D printing – Formlabs, Glowforge, and Looking Glass. While Looking Glass is a holographic display and is the in … | Continue reading
I read Bad Blood: Secrets and Lies in a Silicon Valley Startup last week on my Q2 vacation. In my post talking about the various books I read, I wrote the following about it. “Every entrepreneur and VC should read this book. John Carreyrou has done something important here. Maybe … | Continue reading