Brad's Books and Organizations

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Hi, I’m Brad Feld, a managing director at the Foundry Group who lives in Boulder, Colorado. I invest in software and Internet companies around the US, run marathons and read a lot.

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A Little Techstars Video History

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I got asked today for a picture of the four founders of Techstars together (me, David Cohen, David Brown, and Jared Polis.) I did a search and came up with a few, but also stumbled upon this beauty. This is the original promotion video for the first Techstars program, filmed at the end of 2006 and apparently uploaded to Youtube on January 14, 2007.

Following are my comments on the video.

  • Look how young David Cohen looks.
  • Notice all the excellent red and white fonts.
  • Danny Newman needs a haircut.
  • Jared Polis wasn’t yet a congressman.
  • Our Donkey Kong machine worked.
  • Foundry Group wasn’t yet started.
  • Our office (and the film) was done in our old office in Superior.
  • I hadn’t started wearing Robert Graham shirts yet.
  • My Treadputer v1.0 was up and running.
  • David Brown looks exactly like he does today.
  • We didn’t have the .com domain yet.

It used to be hard to find historical artifacts like this. They lived in an attic or a basement and were covered by dust. The web is just amazing.

Pubble Q&A – #askbfeld

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Tomorrow, I’m trying out Pubble‘s product – a Q&A widget that leverages the standard social media platforms (Twitter, Facebook, etc.) but lives where ever you want it to live.

I’ll be answering questions live tomorrow (4/24) at 1:00pm MT. Tweet with #askbfeld to ask me a question.

Check it out below.

Patriot Boot Camp – May 2014

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In the #GiveFirst spirit, Techstars supports those who have served our country by hosting Patriot Boot Camp. PBC is an intense three-day program that educates and mentors active service members, Veterans and their spouses to innovate, build technology companies, and create jobs. Essentially, they get a mini Techstars experience.

The next PBC will be held at the Goldman Sachs headquarters in New York City from May 16th to 18th. You can learn more about the program at their website or check out this video from last year’s event.

Patriot Boot Camp alumni are building great business. A couple great examples are Dave Cass and Dave Parker with Uvize (accepted into the Kaplan EdTech Accelerator, powered by Techstars and recently funded by FG Angels), and Gregory Coleman with Nexercise (accepted to the Techstars Chicago).

Do you know a Veteran, active service member, or military spouse who could benefit from a miniature Techstars experience? Please encourage them to apply here. The deadline to apply is April 4th, 2014, tonight, at midnight Eastern time.

Do One Thing For Yourself Every Day

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If you are interested in learning about Venture Deals, my partner Jason Mendelson and I created a course with the Kauffman Fellows Academy on NovoEd which is running for the first time from 3/31/14 – 5/19/14. The course will demystify venture capital deals and startup financings and give both first-time and experienced entrepreneurs a definitive guide to secure funding.  Both Jason and I will be participating in the course. If you want to sign up for the course, use the discount code of “ventureds” to get 20% off the price.

Mid-day yesterday I did a 30 minute fly by for the new Techstars NY class. Alex Iskold, the new Techstars New York Managing Director asked me to talk about “Top Mistakes Entrepreneurs Make.” It morphed into a fun 30 minute rant about a bunch of things that I thought Techstars founders should make sure they pay attention to during the program, and in life in general.

Reflecting on the talk, the most important thing I said was “Do One Thing For Yourself Every Day.” It can be 5 minutes, 30 minutes, or an hour. If you like chocolate ice cream, find an ice cream place and go get a scoop every day. If you do yoga, do it every day. If you like to go to the gym, go to the gym. If you are a reader, spend 30 minutes a day with a book. If you are a BSG fan, start at the beginning and watch all four seasons one episode per day (they each last about 45 minutes.) But be selfish and do one thing for yourself each day during the program.

Afterwards, Alex sent me an graphic that one of the founders at Hullabalu did. I thought it was awesome and captured some of the highlights, including “don’t believe your own bullshit”, something a lot of people are forgetting right now. And I described my favorite long distance relationship trick – the magic post card a day maneuver.

Orbotix: Creating the Future of Connected Play

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I’ve loved being involved in Orbotix from the very beginning. I got to know Adam and Ian, the founders, even before they got into Techstars. Their original company name was GearBox and they probably wouldn’t haven’t gotten into Techstars except that both Nicole Glaros and I said “we love these guys – fuck it – let’s try a hardware company this time.”

Paul Berberian, one of Adam and Ian’s lead mentors during Techstars joined them as the third co-founder before demo day and we led the seed round shortly after. Orbotix is now 40 people, with hundreds of thousands of Sphero’s out in the wild and being played with, and a new product (currently codenamed 2B) coming out this fall.

The company is on the forefront of a new category I like to call “connected play.” It’s not a static toy, like kids have been playing with since the beginning of time. It’s not a game on a pane of glass like an iPhone or iPad. It’s a dynamic toy that you can play with online, via  your pane of glass, or in the real world, with friends, connected together online. And it gets upgraded continually, with new software and new games.

I’ve talked in the past about how I love origin stories. I bet you didn’t know that before there was Sphero, Adam and Ian made an iPhone-based garage door opener well before that was cool and trendy. Enjoy the three minute origin story of Orbotix.

Orbotix: Creating the Future of Play from Sphero on Vimeo.

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