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Mentors 6/18: The Best Mentor Relationships Eventually Become Two-Way

Feld Thoughts

Our premise when we started doing branded accelerators with large companies was that we’d get deep mentor involvement from execs at the company we are partnering with. Len and his partner Jerry Poch bought my first company in 1993. Following are two examples from my own life. This took our relationship to a new level.

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My First Experience As A Venture Capitalist

Feld Thoughts

When people ask me how they can become a VC, I point them to my partner Seth Levine’s excellent blog posts How to become a venture capitalist and How to get a job in venture capital (revisited). Feld Technologies was acquired in November 1993. I often get asked how I ended up becoming a venture capitalist.

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No More MBOs

Feld Thoughts

I’ve only worked in what could be considered a “big” company for 18 months (1993 – 1995) and that was the company (AmeriData) that bought my first company (Feld Technologies). My partner Dave and I took the number, made a list of all employees, and figured out how much we were going to give each of them.

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Here’s Why We Fell in Love with Draft

Both Sides of the Table

My partner Greg Bettinelli is an avid sports fan who throughout his career has developed an expert understanding in online ticketing (at eBay has was a champion of the StubHub acquisition) and online marketing. I began playing Fantasy Football in 1993 before it was even a big thing.

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RIP Len Fassler

Feld Thoughts

We were introduced in the spring of 1993 by Jim Galvin, CEO of Allcom, which had just been acquired by Len’s company Sage Alerting Systems. It took a while for me and my partner Dave Jilk to decide to do it, but we closed the sale in November 1993. After 89 years on this planet, Len Fassler passed away on Friday.

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Revolution at the Edge

Ben's Blog

Marc released Mosaic in 1993. A review of the technology press in 1993 and 1994 reveals that almost nobody believed the Internet would be important. In the new world, winning CIOs will partner with CEOs to design state-of-the-art communication infrastructures designed to optimize any company’s most important resource—its people.

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Distilled Moments: Poems By Dave Jilk

Feld Thoughts

Dave Jilk was my first business partner (we co-founded Feld Technologies). We worked closely together for seven years before selling the company in 1993 to a public company called Sage Alerting Systems, which renamed itself Sage Technologies and then finally AmeriData Technologies.

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