Archive for the ‘Random’ Category

Community Hours – Trying Something New for Random Meetings

I’ve been a long time practitioner of having “random meetings” where I meet with whomever wants to get together with me.  Some amazing things have come out of this over the years, including my first meeting with David Cohen which turned into TechStars.

I’ve decided to try something different for the next few months.  Rather than having random days in my office, I’m going to have “community hours” in the Bunker (the TechStars office) once a month.  The TechStars space is big enough for people to hang out and mingle (unlike my office) so it’s easier for groups to hang out and meet each other, in addition to spending time with me.  I’ve always loved the idea of “professors office hours” – this is the closest I could come to simulating it in my little section of the universe.

We’ve set up a self-service wiki for my Community Hours.  The rules for signing up are simple – just set up an account and then pick a date and time slot.  Put your name, email address, and a brief description of the meeting.  Given my ever changing schedule, there’s always a chance that we’ll have to move one of the dates around so having a valid email address is critical for us.  More extensive instructions are on the wiki.

My partners Seth Levine and Jason Mendelson are also giving this a try, as is David Cohen.  If it works, we’ll do more.  Feedback and suggestions are welcome.

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Ancient MS-DOS Tricks

I had a dream last night.  In it, I was sitting in front of an old PC.  I typed:

c:
cd\
copy con config.sys
files=255
buffers=32
<ctrl-z>

I can’t remember much more of the dream.  But – I do remember typing this.  My dream must have been about something in 1991.

More Questions from the Rally Cafe Interview

Last week I did an interview on Rally Cafe with Chris Spagnuolo.  Some of the questions came from real time tweets to the show but we didn’t get to a handful.  Chris just emailed them to me – I figured I’d do a quick job of picking them off for those that asked or were following the show.

@jordanmuela What does Brad view as common themes in the investments (companies) that have failed? My failures have several common characteristics (note that these are applicable only to me – plenty of other entrepreneurs and investors have made plenty of money in these areas.)  I’ve consistently failed when I’ve invested in companies (a) in markets / segments that I know nothing about, (b) founded / run by people that I don’t like / enjoy spending time with, (c) that are “rollups” – where the company is trying to consolidate an industry focused on “rolling up” a bunch of small companies into one larger business, (d) based in Europe.  What “didn’t work” is one of the things that informs our thematic approach at Foundry Group.

@ksowocki What are Brad’s thoughts on the Lean Startup methodology coming from @ericries / IMVU ?  I saw Eric Ries present his Lean Startup ideas a month or so ago and really enjoyed it.  I’ve been a big fan of his blog and think he’s gone some great ideas.  I particularly like the notion of continuous deployment.  If you are interested, Eric is coming to Boulder on 8/19 and 8/20.

@ktinboulder Interested in hearing a bit more about the "Protocol" theme. I wrote a post about Protocol recently on the Foundry Group blog titled Theme: ProtocolOur current investments in this theme include Gist and Lijit.

@theagent How would "GLUE" companies become monetizable and how far is the horizon line for that activity. ie. GNIP.  I’ll give two examples from our portfolio: AdMeld and Gnip – as both are generating revenue today.  AdMeld runs an “Ad Network Optimization” platform for premium publishers (they “glue together” ad networks.)  They take a percentage of the revenue they increase above a baseline amount determined with the publisher.  They now have 140 million Quantcast-verified unique users, so you can imagine the revenue they are generating.  Gnip provides a data transport service for the real-time web (they “glue together” data between systems publishing data and systems consuming data.)  They charge a monthly fee for use of their service – think of them as “middleware software – delivered via a SaaS model – for the real-time web”.

@chadalbrecht What does Brad think are some of the most important leadership characteristics in an entrepreneur?  I only have generic answers for this one as I’ve seen and worked with so many different types of successful entrepreneurs.  Leadership – especially in an entrepreneurial context – is a complicated thing.

@GEOpdx Does Brad generally find himself dispensing advice on what he would need to see for him to be interested in a project? Sometimes, although most of the time I’m pretty binary.  Within our firm, we filter very heavily on our themes.  If something doesn’t fit in our themes, I try to say No in less than 60 seconds.  If it’s within our themes, I then spend a lot of time trying to decide if I want to be partners with the entrepreneurs.

@brijacob How important is pre-money evaluation?  I’ve never thought that pre-money valuation is that important in an early stage company.  I’m playing for huge outcomes so I don’t over-optimize on the margins.  Rather, I focus on a “fair deal” at the early stages for everyone involved.

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What A House Hit By Lightning Looks Like

The parents of a close friend just had a direct lightning strike on their house.  It immediately burned to the ground and everything was lost.

lightningstrike

The simple advice from my friend if this ever happens to you is "get out fast and not go back for anything that is not a human being."  She also suggested that you check your home insurance to make sure you are covered for this.

Poetry in Motion

I used to be good at tennis.  Really good.  When I was 11.  I treasured my Jack Kramer Autograph (until I got a Futabaya), never really wanted a T-2000 even though I loved Connors, and thought Ille Nastase was fabulous.  I grew up in the golden age of Connors, Borg, and McEnroe (and Guillermo Vilas, and Vitas Gerulaitis, and Eddie Dibbs, and the ever present Ion Tiriac.)  I could beat most 12 year old boys and almost all the 13 year old girls except for Heather Harrison who regularly kicked my ass.  I thought Prince oversized racquets were for old ladies.

I watched Federer bury Roddick last night 7–6, 7–6, 6–2.  My mouth was hanging open for much of the second half of the match.  Roddick hung in there for a while (there we no breaks in the first two sets although Federer manhandled Roddick in both tiebreakers.)  However, once Federer broke Roddick in the third set it was quickly over.

Federer makes the phrase “poetry in motion” come to life.  Charlie Rose has a long (about an hour) interview with Courier, Federer, McEnroe, Collins, Laver, and Nadal discussing the man who will likely become known as the best player ever in the game of tennis.  If you are a tennis fan, fire it up in your browser and listen while you catch up on your email this morning.

 

Selling Stamps Online

I’ve got a large stamp collection that I’m considering selling.  The obvious – but relatively labor intensive – way to do this is on eBay.  I poked around looking for some other options, but didn’t come up with anything particularly credible.  Any stamp collectors out there willing to give me a clue?

Running In Munich

I had a superb run this morning through the English Garden in Munich.  This is only the second time I’ve ever been in Munich – the first time was with my friend Bruce over 20 years ago.  While it was cloudy, it was a lovely morning, the park was fresh, green, and hidden from the city, and there were some wackadoodle surfers practicing in the small river under a bridge with a water pipe.  I discovered the incredible value of the map function of my new Garmin Forerunner 305 – without it I would have been lost in the park and would have never been able to find my way back, especially since none of the signs made any sense to me except the ones that said “GaragePark” which weren’t of much use and I forgot to leave myself a trail of bread crumbs.

BoingBoing has noticed that something weird is going on with the clock on 24.  Rick Stratton asked me – with regard to my post that the first 25,000 users are irrelevant, whether I was referring to “free, ad-based ‘consumer’ web services” or did I also lump paying enterprise web services users into the mix.  Nice catch Rick – I only meant the free consumer ones (e.g. my portfolio company Rally Software has less than 25,000 individual users, but ever one of them is very relevant, especially since we get paid for each one each month.)  Finally, Tali Aben saved me 58 minutes by blogging a great summary of a breakfast “fireside chat” with Bruce Chizen, the CEO of Adobe.

Time to go have breakfast.  If I remember correctly, I’ll be presented with a buffet full of meat and sausage choices, surrounded by cheeses.

CNBC’s Maria Bartiromo + Joey Ramone

Paul Kendrosky’s pickup on Joey Ramone’s affection for Maria Bartiromo made my head spin around in circles this morning.  The full interview is in the Financial Times / Arts & Weekend section.

Need An Escape From Work?

Lon Sunshine (a frat brother) sent a group of us a way to waste our entire day.  I’ve decided to share it with you.  I gave it two minutes and managed to go 12.547 seconds.  I’ve got to go pack now – I leave for the airport in 10 minutes

The Last Day of Hanukkah

Christmas is long gone.  New Years Eve is over.  The only stuff left is New Years Day, football (especially college), and – well – the last day of Hanukkah.  Last night, on the seventh day of Hanukkah, I learned something new.  My brother Daniel and his wife Laura introduced me to sufganiyot.  I’ve had 40 years of Hanukkah and not once has my mother mentioned to me that jelly doughnuts are an ancient Hanukkah tradition.  So – apparently – jelly doughnuts are to Hanukkah as candy canes are to Christmas.  We celebrated last night with a box of Krispy Kreme’s.

Separated At Birth: Jack Bauer and Brad Feld

For those of you that requested visual confirmation of me posing as Jack Bauer, following are the photos for the t-shirts that Galanos made for my 40th birthday.

Jack1_back

 

Jack2_back

RSStroom Reader

This product is going to really clean up.  It’s way more interesting than an Ajax Reader.  I can’t wait to get one.  It’ll go perfectly with my craptop.

Restroom Critics

Now that’s a men’s room (thanks Doug).

Restroom Critics

Are you nervous yet?

Start-Up Sound

Getting tired of that old Windows Start-Up Sound?  How about trying on a serious Mac Start-Up Symphony?

Parental Advisory

Bob Gentry – the CFO at Finali (now Convergys) – suggested that this reminded him of me.

Fuck

Thanks Bob – after Amy saw this she suggested that I start using this as my email footer.