How Much Should We Tell People When We Use AI?
I use AI a lot. If you’ve been reading this blog, you know that already. A few weeks ago, I wrote about running my business from a terminal window. That post doesn’t do justice to just how much of my business life is managed through iTerm and Claude. And, of course, Brad has been writing about building CompanyOS - the system that powers a lot of this. I’m all in on this stuff, and I’m not subtle about it. …
April 19, 2026· 6 min read
The AI Gap Between Startups and Enterprise is Larger Than You Think
There’s no shortage of hype around AI right now. Every pitch deck mentions it. Every company claims to be using it. Every conference has a keynote about how it’s going to change everything. Plenty of hype, but also plenty of real work getting done daily by those truly leveraging the power of AI tools. Like every venture firm, we’ve been deep in this at Foundry. We’ve been working with our portfolio companies on how they’re integrating AI into their products, their workflows, and their operations. It’s been a major area of collaboration and learning across our portfolio. And what we’re seeing across startups (at Foundry and beyond) - not in the hype but in the actual numbers - is a striking contrast between AI adoption in startups and what’s happening in large enterprises. …
March 28, 2026· 5 min read
Capital Evolution - T+3 Month Check-In
It’s been about a quarter since Capital Evolution hit the shelves, and I thought it would be worth stepping back to take stock of what Elizabeth and I have been doing to get the book’s ideas out into the world. It’s felt like a lot — and seeing it all written down confirms that is indeed the case! From the start, our goal was to make sure that the ideas in the book — Dynamic Capitalism and the concepts around it — didn’t stay on the page. We wanted to get them in front of as many people as possible: business leaders, policymakers, students, investors, and anyone thinking seriously about the future of the American economy. …
March 22, 2026· 3 min read
Migrating My Blog from WordPress to Hugo
I’ve been blogging on WordPress for close to twenty years. It’s been a great platform, but I’d been thinking about a change for a while. WordPress had gotten heavier over the years - more plugins, more updates, more things to manage. I wanted something simpler. Something where I could just write in a text file and push it live. Brad recently migrated his blog - Feld Thoughts - from WordPress to Hugo and that was the kick I needed to finally do this. He gave me quite a few tips and pointers that were incredibly helpful. Seeing him go through the process gave me the confidence that this was both doable and worth doing. …
March 10, 2026· 6 min read
Running My Day From a Terminal Window
Brad Feld built something called CompanyOS. He wrote about it on his blog – the philosophy behind it, the architecture, how it works. I’d encourage you to read those posts for the technical backstory. Brad set me up on it yesterday, and what I want to write about here is what it actually feels like to use it. One day in and I’ve already shifted a surprising amount of my daily business operations into it. It’s been mindblowing. …
February 24, 2026· 6 min read
Why Your Board Meetings Aren’t Working
I’ve sat in hundreds (thousands?) of board meetings over the past two decades – as a board member, as a board observer, invited guest, etc. Some were excellent. Many were not. And the gap between a well-run board meeting and a poorly run one is enormous – not just in terms of the value the board provides, but in the trust it builds (or erodes) between management and the board. …
February 24, 2026· 4 min read
More Capitalists, More Equity: Revisiting Dr. King’s Economic Bill of Rights
My Capital Evolution co-author, Elizabeth MacBride, and I have been reflecting this past week on the words of Dr. Martin Luther King and how they continue to resonate deeply as we face both economic and social challenges. We’re committed to broadening the call to use the tools of Evolved Capitalism that give all Americans, and importantly, the companies they work for, the opportunity to thrive. Below is a piece we wrote in honor of Dr. King’s birthday. …
January 23, 2026· 5 min read
Composition Shop and the Revitalization of Downtown Longmont
Over the past decade, my wife, Greeley, has been restoring buildings along Main Street (and a few adjacent streets) in Longmont, helping lead a transformation in our local downtown. I’m really proud of the work she’s doing and the vision she has for how these projects can lift up downtown Longmont. If that weren’t enough, she also recently opened a bookstore in one of the buildings she remodeled. Composition Shop is truly special. It’s beautiful, warm, and welcoming. In addition to a great selection of books, the shop also sells chocolates (really, really good ones) and stationery. As an added bonus, our dog Timber is the store greeter. …
May 20, 2025· 3 min read
Money in the Bank vs Burn
With the markets down significantly, financings (at least at the later stages) slowing down, and inflation and interest rates on the rise, perhaps now is a good time to talk about your burn rate. Hopefully, you took advantage of the robust financing markets of the past few years to put some money on your balance sheet. Perhaps you raised at what historically have been very attractive valuations (we certainly have companies in our portfolio that have raised well, well above the historical averages). …
March 17, 2022· 3 min read
Downsides of a white hot economy
A few quick market observations from dicussions I’ve had with portfolio companies over the past few weeks. All relate to just how a white hot economy has some downside effects on certain types of businesses. Certainly some early warning signs – curious if others out there are seeing the same. My take-away is that in many sectors of the economy companies quite literally don’t need more customers. They can’t handle the additional load because they can’t hire fast enough and their supply chains are stretched thin. We’ve seen this in digital advertising for sure (and not just in travel and other segments that might be reacting to the Delta variant). Interestingly we’ve also seen a couple of companies – especially those that work with small businesses – whose message typically is: “We help you find and engage with customers more effectively.” The small businesses they target are pushing back and saying that they need more staff, not more customers. Currently, they’re running one, two, or even three-month waiting lists to provide services to their customers. We’ve all seen signs on restaurants that they’re closed or have reduced hours because of the unavailability of staffing. It’s interesting to consider the ramifications across the economy when many industries are at such capacity. …
September 7, 2021· 2 min read