Archives / July, 2015

Our 2016 Foundry Group Fund and A Little History

Yesterday we closed our fifth fund, Foundry Venture Capital 2016, L.P. As with all four of our other funds, it’s a $225 million fund. In 2007 we raised our first fund – Foundry Venture Capital 2007. We subsequently raised a $225 million fund in 2010, another one in 2013, and a late stage fund in 2013….

Unicorns Without The Magic

I got the following email recently, titled “Unicorns Without The Magic.” “With the rise in venture capitalism it’s hard to say the word “start up” and not be offered an abundance of accelerator programmes, free office space, free apartments & a free bible of connections. I myself have felt the pressures of the world of…

Book: Armada

Ernest Cline’s second book, Armada, is almost as wonderful as his first book, Ready Player One. While plenty of folks on Amazon are giving it mediocre ratings, I think it’s because they don’t understand what Cline really did here. Both books are scifi. Both books are heavily gamer influenced. Each moves fast. However RPO is…

1985: Oil Prices Will Go Up Forever

This is not a post about a bubble, real or imagined. It’s a lesson from when I was 20 years old. I showed up at MIT as an eager freshman. I was 17, from Dallas, with a nice pair of cowboy boots and long hair. On my first day, at the freshman picnic, I heard…

Don’t Try to Fake The Language

The language of startups has become pervasive. It feels like it started with Eric Ries’ great book The Lean Startup when words like MVP and pivot started showing up in all conversations. Back then it was new, fresh, and focusing. Today, there are hundreds of words that people throw around in the context of their startups….

Sometimes I Ask Myself If The Juice Is Really Worth The Squeeze

One of my all time favorite blog posts is Ben Horowitz’s The Struggle. If you are a founder and you haven’t read it, open it up in another tab for after your finish this post. On Friday, a CEO I know sent me the following message. “Brad – I crafted the entry pasted below this morning for my…

Do We Need A New Word For Entrepreneur?

Has the word entrepreneur become too trendy as to have lost its meaning? I’m hearing it and the word entrepreneurship being used in so many conversations incorrectly. Here’s a simple example. On a daily basis, I have an email exchange with someone who says they are an entrepreneur. I respond “What company did you start?” They respond,…

Are You From Where You Were Born?

In the article The biggest tech company founders from every state I win the callout for Arkansas. “Arkansas: Brad Feld has bounced around a lot: born in Arkansas, raised in Dallas, then lived in Boston for over a decade before moving to Boulder, Colorado. He’s most known for founding Foundry Group, a prominent venture capital firm that…