Archive for the ‘Startup Communities’ Category

Startup Iceland Interview With The Brads (Feld and Burnham)

Brad Burnham (Union Square Ventures) and I were in Iceland a few weeks ago for the Startup Iceland event. Bala Kamallakharan organized the event and moderated the discussion (and was an amazing host.)  We talk about the Boulder and New York startup communities, why we were hanging out Iceland, what we thought about Iceland as a startup community, how to “organize the future” (since the future doesn’t have a political lobby), innovators vs. incumbents, leaders and feeders, and what to do if you want to create a lasting long-term startup community,  As a bonus, around minute 17, you can find out how to get me to come to a conference in your city.

Amy and I had an awesome week in Iceland and have decided to go back again next year.

Startup Colorado: Looking Back on the First Year

Last week Startup Colorado hosted the Startup America Regional Summit which was a gathering of the leadership of over 25 different Startup State efforts under the structure of the Startup America Partnership. Over 100 people came and we had an awesome two days of discussions which was summarized wonderfully by Christian Renaud (CEO of Present.io and a principal of StartupCity Des Moines) in his post What I learned in Boulder.

After the event, David Mangum, the executive director for Startup Colorado and I were discussing what we had accomplished since launching in November 2011 and I asked him to write up a guest post to summarize. Following are his thoughts. Comments welcome – and if you want to get involved, just email me.

Startup Colorado publicly launched in November 2011, but we began the behind-the-scenes strategy and planning in August, which means that we’ve been going for nearly a year.  As Startup Colorado’s Executive Director, I look back on our inaugural efforts with a few observations about what’s worked, what hasn’t, and what we hope to improve as we move into our second year.

We launched Startup Colorado as a movement to spur new company creation across the state, with first year emphasis on Colorado’s Front Range.  Our mission has been to increase the breadth and depth of the entrepreneurial ecosystem by multiplying connections among entrepreneurs and mentors, improving access to entrepreneurial education, and building a more vibrant entrepreneurial community.

Four key principles have animated our efforts: (1) for our initiatives to be successful, they require entrepreneurs to lead; (2) we must think and act with a long-term view; (3) we seek to engage entrepreneurs at all levels of experience and success; and (4) the influx of talent is a cornerstone of strengthening a startup ecosystem.

Startup Colorado kicked off with a handful of tractable projects:

  1. Create an entrepreneurial summer camp in Boulder
  2. Expand new tech meetups and open coffee clubs in Fort Collins, Denver, and Colorado Springs
  3. Support entrepreneurial education in the Front Range
  4. Evaluate current barriers facing entrepreneurs, including an assessment of best practices within entrepreneurial communities around the US and world
  5. Engage larger companies in the entrepreneurial ecosystem through commitments to help entrepreneurs
  6. Build the Startup Colorado website to be a user-friendly, thorough database for information and connections

The Assessment

Perhaps our most promising project is the “entrepreneurial summer camp,” renamed Startup Summer.  Startup Summer kicked off in late May with 14 college students/2012 college grads working in paid internships for Boulder-area startups.  In addition to the full-time internship, Startup Summer offers its participants a variety of evening entrepreneurship events, most important of which is a weekly class on entrepreneurial topics taught by local entrepreneurs, founders, CEOs, and community leaders.  Participating interns also will be given the opportunity to work with an area mentor to develop their own business ideas.  Startup Summer required a lot of program construction, promotion, applicant recruiting, and company/intern matching and it would not have happened without ample support from Tim Enwall and our top notch Program Coordinator, Eugene Wan. Perhaps more than any other project, this one embodies our core principles: we have a range of entrepreneurial leaders teaching classes and working with the interns, and we are building the program as a way to seed the next generation of Colorado entrepreneurs and strengthen the talent pipeline into the state’s startup ecosystem.

We also have made considerable progress in developing a stronger network of meetups in Colorado Springs, Denver, and Fort Collins.  Jan Horsfall and Chris Franz, in conjunction with Peak Venture Group, have invigorated the Colorado Springs meetup system, going from a meetup of 15-20 people last fall to, most recently, 175 people (http://www.meetup.com/PVG-Pitch-Night/).  They also are spearheading an open coffee club.  In Denver, Erik Mitisek, Jon Rossi, Andrei Taraschuk, and the various meetup organizers have been pushing for greater meetup coherence and organization, including at the Denver New Tech Meetup.  Jon Nordmark also has been leading an open coffee club in Denver. After several months of false starts, we also have had exciting progress in Fort Collins with Christine Hudson, who is tackling the Fort Collins New Tech Meetup.

Another exciting project in the works (and not one originally planned) is the Startup Colorado Legal Roundtable, where a handful of local law firms will give free legal advice to a select group of startup founders and CEOs.  If you’re a startup entrepreneur interested in this offering, please email me at dcmangum@gmail.com.

Other projects have been more challenging, though we have not given up on anything.

One project that may yet take flight is the entrepreneurship education project.  Over the past year we talked to many high school teachers and other education non-profits, but did not find a clear project leader to take things and run with them.  Steve Halstedt and Dan Caruso recently stepped up with an interest in getting more involved at individual high schools, and we may try to support each of them with teams of MBA and JD students to help run logistics and execution.  Our current view is to develop a “startup entrepreneurship” curriculum to be taught afternoons or weekends for high school students, supplement the classes with mentors, and encourage students to develop their own business ideas.

Two other projects that have been harder to get off the ground are engaging bigger companies to help startups and building the Startup Colorado website to be a central resource and connector for entrepreneurs and mentors.  Our bigger company engagement project could use more assistance both in connecting to more companies and in helping to manage existing offerings from companies like ViaWest (free hosting for startups).  For the website, we have a few ideas for content improvement, including a regional spotlight on what’s happening across the Front Range, entrepreneurs interviewing other entrepreneurs, and more.

Overall, the first year has gone as we expected: some projects would gain traction quickly, some would be a bit wobbly but viable, and some will require more effort.  The most important feature of individual project success has been the willingness of multiple people to step up and volunteer a meaningful amount of time to help.

Looking Forward

We expect to amplify our efforts to ensure that the next Startup Summer is even better than this year’s.  We also aim to continue working to strengthen the individual meetup communities across the Front Range.  Other projects may take a few more months of execution before we know their ultimate status, but we are optimistic that with a refined sense of how to work (with project leaders and better delineated ownership) and a renewed vigor for our mission, we can make Startup Colorado’s second year even more impactful than the first.


June 12th, 2012     Categories: Startup Communities     Tags: , ,

Startup Iceland 2012 Was Phenomenal

Amy and I just spent an incredible week in Reykjavik, Iceland. This was our first time here and everything was awesome – the people, the food, the weather, the hotels, the weather, the people, the food, the people, the weather – you get the idea.

Bala Kamallakharan was our host and the founder of Startup Iceland. He’s got a great post up titled Startup Iceland 2012 – Done! that summarizes the event and there are plenty of details on the Startup Iceland Event site about the participants and the agenda. 300+ people participated in what turned out to be a great concentration of the people in and around the Iceland startup community.

We spent a lot of time during the week roaming around Reykjavik, meeting lots of interesting people, learning the history of this country, revisiting what they’ve been through in the past decade economically, and appreciating our existence on this planet.

We’re hopping on a plane in a few minutes to head back home to Colorado where we’ll be for the summer. We’ve already started talking about coming back again next year.

June 3rd, 2012     Categories: Startup Communities     Tags: , , ,

The Tragedy Of Calling Things Silicon Blah

I was in LA for the past three days hanging out at Oblong, meeting with a bunch of entrepreneurs I know, then spending time at MuckerLabs, giving a talk at SCVStartup, and finishing up my trip with a half day at LaunchPad LA followed by a dinner that LaunchPad LA and Mark Suster put on. Even though I still felt fried from my 50 mile run, I had a great time and I’m sure I fed off of the energy of all the people I spent time with.

At the dinner I gave a short talk on Startup Communities and then answered some questions. The first question was “what do I think of the phrase ‘Silicon Beach’ for the LA startup community.” I responded that I thought it was stupid. I hate Silicon Whatever. LA should be LA. When I was in downtown LA at Oblong I didn’t notice a beach. Before I could go on a rant about why you should not call things “Silicon Blah” I got a round of applause.

In the late 90′s a wave of “Silicon Blah” appeared. Silicon Alley, Silicon Mountain, Silicon Prairie, Silicon Slopes, Silicon Gulch, Silicon Bayou, and on, and on, and on. The rallying cry was “we are going to be the next Silicon Valley.” Whatever. At the time, my opinion as someone who disliked generic marketing was that this was the worst branding ever. I feel even more strongly about this today.

If you are going to create a startup community, build your own identity. People now talk about “New York” and “Boulder” as amazing startup communities. They don’t talk about Silicon Alley and Silicon Flatirons. Well – I suppose some do, but I don’t hear it anymore (or at least my brain doesn’t process it) – I just hear New York and Boulder. And when someone says “Do you like living in Denver?”, I say “I live and work in Boulder.” Sure – Denver has a startup community also, but it’s distinct from Boulder.

Even within a city like LA there are startup neighborhoods. I made this point when I spent a month in Cambridge, MA in January. Sure, you’ve got Cambridge, Boston, Waltham, and Hopkinton. But you’ve also got Kendall Square, Central Square, the Leather District, and the Innovation District. In New York you’ve got Union Square, and Brooklyn’s DUMBO. These are the “neighborhoods” – high density areas of entrepreneurs and their startups. And, in a small town like Boulder, you’ve got – well – Boulder.

LA is huge. The startup community in LA isn’t “Silicon Beach.” It’s downtown, Santa Monica, and I’m sure a few other neighborhoods that I don’t know the name of. Brand the neighborhoods locally so the entrepreneurs know where to go, since you want them clustered together. Then brand your city (LA) which should be an easy one. And dump the Silicon Blah.

April 14th, 2012     Categories: Startup Communities     Tags: , ,

Creative Construction

After a long really fun day yesterday at TechStars and StartLabs I wandered over to 34-101 to be on a panel for Joost Bonsen and Joe Hadzima‘s IAP class 15.S21: The Nuts and Bolts of Business Plans. It’s not really a class about business plans rather a class about starting a business and has been regularly modernized by Joost and Joe. On the panel were the two founders of Super Mechanical (creators of Twine) which is an awesome project that used Kickstarter for its initial financing (and that I’m an excited supporter / customer of.) I had a fun day and wish I had found more IAP courses to help teach and participate in this trip.

After the course finished at 9:30, Joost and I wandered over to the Muddy Charles for a beer. When I crawled into bed at 12:30 my head was full of a ton of awesome ideas that came out of our rambling three hour discussion. I’ve been friends with Joost since the early 1990′s when we first met around the MIT 10K competition and have been a huge fan of his ever since.

Among other things we talked about the startup ecosystem in and around MIT and the evolution of Boston as a region. The comments in my post from yesterday titled I’m in Cambridge, Not Boston were great and stimulated additional thinking on this topic, as did Joost’s experience here over the past 20 years. Joost has incredible knowledge and history of the region and of MIT, which occasionally appears in posts like How Kendall Square Became Hip: MIT Pioneered University-Linked Business Parks but is really apparent when you spend extended time with him talking about MIT, how it evolved, what it is today, who has been involved along the way, and the entrepreneurial community that has evolved around it.

About mid-way through the conversation Joost dropped two phrases on me that blew my mind. The first was “Creative Construction.” As we were talking about startup communities and the new book I’m working on, Joost said “How about a play on words on Schumpeter’s “creative destruction” and call your theory about startup communities “creative construction” instead. After I put the exploded pieces of my brain back together and said “that is exactly fucking right” he went on. “Think of entrepreneurship as a tool of mass construction.”

The play on words is just delicious. And right on – we are talking about an awesome positive force in the world and should be using language that represents that. At the core of our conversation was the notion that an entrepreneurial region like Boston is actually a collection of 100,000 person “entrepreneurial neighborhoods” (that’s what Kendall Square is, as distinct from the Fort Point Channel area, or the Leather District, or what’s going on in Davis Square, or …). And the idea that creative construction drives this – and the neighborhoods are part of a broader entrepreneurial community (in the region) is a construct that resonates with me.

I’m off to HubSpot to give a talk, a swing through Venture Cafe at CIC, and then back to StartLabs for the rest of the day. My three weeks in Boston (well – Cambridge) with a side trip to New York is coming to an end. It’s been amazing, enlightening, educational, productive, and a lot of fun.