Your Truth vs. The Truth
JULY 29, 2016
I’ve been thinking about what “truth” means lately. It started me down a path where I began separating types of truth.
Formlabs $35 Million Financing
AUGUST 4, 2016
We just led a $35 million financing at Formlabs. In case you were wondering, lasers are super cool. In the fall of 2012, Formlabs did a $2.95
A Startup Visa – The International Entrepreneurs Rule – Form I-941
AUGUST 29, 2016
On Friday, the USCIS proposed The International Entrepreneurs Rule. We finally will have a startup visa! talked about the Startup Visa at conferences.
Berlin: Startup Home As A Service
JULY 19, 2016
I thought this was outrageously brilliant. Thanks to Andrew Hyde for sending it to me. The Boulder startup community is called Boulder.
The 2% Change
AUGUST 15, 2016
Here’s something actionable for you on a Monday morning. If you want to improve your business, in addition to all the other things you are doing, focus on changing thing by 2%. For example, raise your prices 2%. Eliminate 2% of your variable costs. Focus on the bottom 2% of your team and ask yourself if you really want them on your team.
Unscramble Your Biases
JUNE 2, 2016
And, as you read though the list below of my experiences / viewpoints, you’ll quickly see how the biases can create a chaotic mind-mess.
Work Hard. Be Kind.
MAY 14, 2016
His message is simple: Work Hard. Be Kind. Having worked with Chris for many years, it’s a great summary of how he lives his life. Be Kind.
SEPTEMBER 9, 2015
The current usage of the word unicorn makes me tired. I could rant about it for a while, but that would make me tired of myself ranting about it.
Computer Science For All
JANUARY 30, 2016
This morning, President Obama and the White House made an awesome announcement of a new initiative called Computer Science for All. NCWIT, U.S.
A Typical Example of #GiveFirst
JULY 23, 2016
We are investors and Jason is on her board. Later that day, Krista sent me the full story, which follows, in an email. Krista’s words follow.
Budget: First Half, Second Half
JUNE 7, 2016
If you are the CEO of a VC or angel backed company, will need to raise more money in the future, are doing more than $100,000 of revenue a month, and are growing more than 25% a year, then this post if for you. In January, you finalized your budget. Assuming things were on track, you made March and declared victory on Q1. It’s June 7th.
What Is Machine Learning Anyway?
JULY 8, 2016
One of the consistent characteristics of the tech industry is an endless labelling of technology and approaches. Some of it is foundational resulting from some entirely new. Much of it is re-categorizing something, either because it is suddenly trendy again or because a set of ideas have been organized in a new way. It’ll be microscopic data.
Glowforge’s $22 Million Financing
AUGUST 1, 2016
We just led a $22 million financing in Glowforge. I’ll start with the punchline – lasers are super cool. Oh, and lasers are super cool.
Don’t Waste A Crisis
JUNE 21, 2016
This cliche, which has uncertain attribution (Winston Churchill, Rahm Emmanuel, M. F. Weiner) is a priceless line that gets tossed out periodically, especially in the middle of a crisis. Over the years I’ve been involved in many business crises. But they are still crises. Most of the time I’m a board member or investor.
Looking Forward to 2025
JULY 12, 2016
If we fund an early stage startup company today and it’s hugely successful, it’ll be coming into its own in 2025. Ponder that for a moment. That’s how our business – and entrepreneurship – really works. The first was with a company started in 2011 that is now a real business. From the epic Inc.
When Greed Turns To Fear
OCTOBER 11, 2015
There is a cliche in the financial world that has been around forever. ” Recently, the fear seems to be sticking around. But it lingers.
Something New Is F *d Up In My World Every Day
APRIL 1, 2015
This is one of my favorite lines to use to explain the business life I live. It’s simple. Something new is f *d up in my world every day.
That Didn’t Need To Take An Hour
JANUARY 27, 2015
Have you ever finished something and thought to yourself, “That didn’t need to take an hour?” Here are a few of them. 60 minutes.
Dedupe Your Processes
JULY 25, 2016
The phrase “dedupe your processes” was created at a board meeting I was at last week. If you know our portfolio, you probably can figure out which board meeting it was based on the use of the word dedupe. But it’s so f **g hard. If you disagree, do a quick reality check. Skype, Hangouts, Bluejeans. Asana, Trello, Basecamp.
Explaining Net Neutrality to My Dad
FEBRUARY 7, 2015
It’s late Saturday night after an awesome day in Las Vegas with my dad. ” We have a lot of fun and learn a ton from each other.
Current Startup Market Emotional Biases
APRIL 21, 2016
read it again this morning when I woke up. And I expect I’ll read it at least one more time. just saw Peter Kafka’s summary of at at Re/Code ( We read Bill Gurley’s big warning about Silicon Valley’s big money troubles so you don’t have to ) and I don’t agree. Go read the original post in its entirety. But why? Period.
The Responsibility Glitch
JUNE 30, 2016
On Tuesday, Jerry Colonna and I had a fireside chat hosted by the Blackstone Entrepreneurs Network titled Making Mental Health a Priority. We did it at DU in partnership with Project X-ITE and had a powerful afternoon. Last night I had dinner with a CEO I like a lot where we talked about some of the things he was struggling with. I program.
How to Find the Time to Accomplish Anything
OCTOBER 15, 2014
Guest Post By William Hertling – williamhertling.com (Author). Apocalypse. Maybe you want to write an app or a book. Enter the Craziness.
The Deep, Dark, Emotional Challenges of Being a Leader
SEPTEMBER 21, 2014
I got to spend a lot of time with my close friend Rand Fishkin the past few days. Go read it now – I’ll wait. ” Whatever.
Post Acquisition – It’s Business as Usual Except Better
AUGUST 30, 2016
Recently I wrote about how I think about private company acquisition strategies using FullContact as the example of one where it is working well. Last week I was at a board meeting for a different company which did an acquisition a month ago. heard a fantastic line from the founder of the company that had been acquired. There is no one way.
Book: A Truck Full of Money
AUGUST 28, 2016
In case you are curious, based on the feedback I got to Is Republishing To Medium Worth It? , the answer, at least for now, appears to be Yes. So, if you are reading this on Medium, enjoy! I’m a huge Tracy Kidder fan. To this day, it’s still one of my favorite books, although I haven’t read it in many years.
OCTOBER 2, 2014
I know this post is going to be a downer but I think there is a lot more to be talked about regarding depression, mental health, and entrepreneurship.
Life Is Messy For Everyone
DECEMBER 11, 2014
I love today’s post from Nick Grossman at USV. Let me explain. read several biographies on our trip. It’s all messy.
Is History A Guide In Business?
FEBRUARY 3, 2016
I was at a fascinating dinner with a bunch of founders and investors last night. Until I was 35, I was often the youngest guy in the room.
Why Teleportation Will Be Awesome
MARCH 4, 2016
During this contemplative moment, I’m fantasizing about teleportation. Then I’d be able to sleep in my bed tonight. It just happens.
How Can This Be A Billion Dollar Company?
JULY 13, 2014
came across one from Nic Brisbourne (Forward Ventures) titled I’m a stock picker. Our view of a strong success in an investment in a 10x return.
Code: Debugging the Gender Gap
MARCH 7, 2016
On Saturday I went to two films at the Boulder International Film Festival – Code: Debugging the Gender Gap and A Good American.
The Endless Struggle That Boulder Has With Itself
DECEMBER 28, 2014
I’ve now lived in Boulder for 19 years. They’re insular. They’re driving up housing prices. “We are women and men. We are parents.
Thanks Elon Musk For Being A Real Leader On Patent Reform
JUNE 13, 2014
That is no longer the case. They have been removed, in the spirit of the open source movement, for the advancement of electric vehicle technology.”
Getting the Most Out of Your Board of Directors
MARCH 9, 2015
This was challenging to do, as the topic of boards can be boring. We completed it early this year – the teaser follows.
Hot Seat by Dan Shapiro: A Book Every Startup CEO Should Read
JUNE 1, 2015
On Saturday, I polished off Hot Seat: The Startup CEO Guidebook. It was excellent and is now on my “all startup CEOs must read” list.
Hillary Clinton’s Initiative on Technology & Innovation
JUNE 29, 2016
Yesterday Hillary Clinton announced her Initiative on Technology & Innovation at Galvanize in Denver. skimmed it quickly and was pleased with how substantive it was. pondered what Trump’s equivalent would be and decided it is likely to be a tweet that says “Technology loves me.” Building the Tech Economy on Main Street.
If You Want A Response, Ask Specific Questions
JANUARY 5, 2015
I try to respond to all of my emails. I’ve always been like this – it’s just part of my value system. Attached is the our BP. link].
Empirical Support for the Boulder Thesis
APRIL 17, 2014
Colorado has two – a 1 Million Cups in Denver and 1 Million Cups in Fort. Collins. The study found: Entrepreneurship is a local phenomenon.
A Scaling Magic Trick
JUNE 16, 2016
By definition, as a company scales rapidly, it adds people quickly. There are many things about this that are difficult, but a vexing one has to do with the leadership team. Often times, the wrong people are in senior positions. The faster a company grows, or the less experienced the CEO is (e.g. “A CEO does only three things.