agile company creation
There is nothing linear about starting and building a business. There are plenty of twists and turns along the way and successful companies are not only are open to change from their original ideas but build systematic processes for checking and rechecking their business assumptions during the early days of their company. The idea really hit me this summer at TechStars, when I began thinking about the idea of company creation as “agile” (akin to the agile development methodology) watching how fluid the most successful TechStars companies were. They were constantly checking and rechecking the assumptions behind their businesses and reacting to what they were learning from prospective customers, early users and mentors. These check-ins were very deliberate and occurred at regular intervals. …
October 22, 2008· 1 min read
Come to Defrag!
I can’t state it more simply or directly than the title to this post – you should be coming to the Defrag conference (www.defragcon.com). Foundry started Defrag with conference veteran Eric Norlin to bring together a group of technologists to talk about the challenges around increasing fragmentation of data online and the tools and technologies that are being developed to make sense out of this data mess. We strongly believe that rather than sitting on the sideline watching and listening to the conversation taking place within the markets we care about that we should be actively facilitating and participating in that discussion (you’ll hear more about a new conference we’re working on withe Eric soon). …
October 15, 2008· 2 min read
out of digits
For those that scoffed at my posts (here and here) about the US savings rate falling below zero (written during the summer of 05′) here’s another, somewhat less scientific data point (not that the skeptics need further convincing these days). The National Debt Clock which counts the total national debt (not consumer debt, but that of the government) ran out of digits a few weeks ago. Oy.
October 15, 2008· 1 min read
Colorado Bloggers Challenge
Micah has recruited a number of Colorado bloggers to promote the 2008 DonorsChoose Bloggers Challenge. There are some great (and well deserving) projects up – you can take a look at them by checking out the widget on my blog (scroll down a bit to find it) or head directly to the DonorsChoose website. Be generous!
October 13, 2008· 1 min read
what’s a company to do?
Now that I’ve received a link to the Sequoia “Holy Shit” presentation about 30 times along with about a dozen emails asking “what do you think?” it’s probably time for a post. My partner Jason has a great post up on the subject (with a more general discussion of how the current markets effect our business – definitely worth reading) and Brad has some practical advice up this morning on his blog as well. …
October 13, 2008· 3 min read
What do I blog about?
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October 11, 2008· 1 min read
MSFT still has it…
I spent last Thursday at Microsoft for their annual VC Summit. While there are plenty of ways that the company can improve, I walked away with the very distinct feeling that the “market” underestimates the innovation coming out of Redmond and the ways in which the company is clearly changing and adapting to the new technology world. Specifically, the products and people I encountered were forward thinking – clearly moving well beyond the OS and embedded software mentality that is the history of the business – and significantly more platform agnostic than they are given credit for (both product demos I saw included at least one Mac and other non-Microsoft based products). …
October 1, 2008· 1 min read
Move to Boulder!
A handful of Boulder companies are pooling resources to bring 100 software developers to Boulder (see Boulder.me). If you’re interested in a chance to come out and see what we have to offer, take a look at what they’ve pulled together (my partner Chris Wand is heavily involved and has a post up about the event on the Foundry blog). Not only is Boulder a beautiful place to live, it’s a fantastic place to work and build successful companies (see Ryan and Jason’s view of moving from the Bay Area to Boulder here and here). To quote from the “Boulder Wants You” post: …
October 1, 2008· 1 min read
Deals
I’m trying to purge the word “deal” from my lexicon – at least as it relates to investments (i.e., companies are not a “deal”, it’s an “investment opportunity”; the actual transaction itself is still fair game). I’m amazed how often the term comes up in the venture industry. To me it seems somehow demeaning and way too generic. Entrepreneurs who put their heart and sole into a company don’t need to hear us talk about their companies like they’re a commodity. …
September 26, 2008· 1 min read
Linking around
A few things that might be of interest. Foundry announced our latest investment – Pie Digital. Pie has created an “IT department in a box”. Brad jokes that he’ll no longer have to provide tech support for his parents. My dad is literally a rocket scientist, so I can’t exactly make that claim, but like Jason (see his post here), I’m looking forward to their product rolling out. You can read the Foundry post here. …
September 9, 2008· 1 min read