Archives / July, 2014

When VCs Don’t Bullshit You

I know many entrepreneurs who feel that VCs have played them, gamed them, deceived them, or bullshitted them. But this doesn’t only happen to entrepreneurs. VCs play this game with VCs all the time. One of our deeply held beliefs at Foundry Group is that there is no value in bullshitting anyone. We screw up…

My First Known Interview – Age 4

We’ve all got to start somewhere. Over the weekend my mom gave me a CD with the recording of my first known live interview. I’ve tossed it up on SoundCloud for your listening pleasure. This recording was done by KERA, our Dallas-based public radio and TV station when I was four. It was for a…

Amazon’s Scorpion Problem

I expect most of you know the fable of the scorpion and the frog, but if you don’t, it goes like this (quoted from Wikipedia): “A scorpion asks a frog to carry him over a river. The frog is afraid of being stung during the trip, but the scorpion argues that if it stung the…

Why The SBIC Doesn’t Work For Venture Capital Anymore

I woke up to an article in Daily Camera today titled Small Business Administration trying to bring SBIC funds to Colorado. There are so many things wrong in the article I felt compelled to write about it. This isn’t a knock on the writer (Alicia Wallace) – I like Alicia and think she does a…

Use Your Competitors’ Products All The Time

I was sitting with the founders of a company we’ve funded the other day talking about their competition. I love this product and I use it every day. It doesn’t yet have widespread adoption, but it as extremely actively used by the early adopters. This company has several competitors – long time incumbents with somewhat stale, but useful products,…