My first music post
Excuse the shameless pitch but I feel compelled to tell you about the new Soul Patch album, Sooner or Later. Soul Patch is a band that includes my partners Ryan and Jason. Sooner or Later is the band’s aptly named second album (aptly named because it was 6 years in the making). The band’s music is a mix of classic rock, a bit of funk and soul spiced with great rhythm and outstanding musicality. I really like their style and this new album is fantastic. …
April 16, 2008· 1 min read
Know your audience
I don’t know what it is about the last few weeks – maybe the change of season; maybe something in the water – but I’ve been absolutely amazed at how often people have showed a complete lack of comprehension for who was in the room with them. This may sound more calculating than I intend it to, but I think its a good practice to always consider who you’re talking to before you start in on a conversation. This is especially true when you’re negotiating for something, making a request or otherwise trying to drive to a specific outcome. I’ve witnessed several pretty amazing examples of a complete lack of thoughtfulness around this notion of late. From making idle (and counter-productive) threats, to inappropriate requests, to outright lying (which was sure to be uncovered). …
April 15, 2008· 1 min read
Know what you don’t know
[see the bottom of this post for an invite code to a new service that helps solve the problem I’m describing here] It’s probably passe to say that we live in an information economy. It’s also probably not correct anymore because really we live in an information NOW economy. Staying on top of the topics that are important to you and your company has never been more important. And with the explosion of media sources (particularly on-line) this has never been more of a challenge. …
April 11, 2008· 4 min read
How I don’t travel
We have a great partner dynamic at Foundry. We’ve all worked together for at least 7 years (in some cases over 10 years) and are close friends as well as colleagues. We also have pretty varied styles and opinions. Case in point – Brad’s recent post on his travel habits. I couldn’t be more different in how I approach travel. Heading to the west coast, Brad likes to get up insanely early and take the 6am flight to SFO so he can start his meetings at 8:30. I’ve done that about a dozen times and finally realized that I just can’t deal with the 22 hour day that results from it. I was doing it a lot on Mondays and it pretty much assured that I was a few steps off for the rest of the week. Instead, I prefer to either fly in the night before (there’s a late Frontier flight that still lets me have dinner at home with my family before heading out) or on the 8:30am flight in the morning (from that flight I can make a 10:30 meeting pretty much anywhere on the peninsula or in the city). …
April 9, 2008· 3 min read
Have funds, will travel
My partner Chris just put up a post on the Foundry blog about our geographic (actually non-geographic) approach to investing. We’ve talked in past posts about how we organize our thinking about potential investments into “themes” that we use to guide our focus. One of the important precepts of taking a thematic approach to investing is that we don’t create artificial boundaries that limit where we’ll follow an investment theme – we let the theme guide us to the best companies that we can find, regardless of where they are located. In the past this has taken us to Chicago, New York, the Bay Area, Orange County and many points in between. It does mean that there’s more time spent on the road, but we think it also allows us to seek out the most promising companies. …
April 3, 2008· 1 min read
How do you make money on the Internet?
My partner Brad Feld was interviewed yesterday on NPR’s Talk of the Nation on the topic of how companies make money online. [You can listen to the broadcast here](javascript:NPR.Player.openPlayer(89119306, 89119302, null, NPR.Player.Action.PLAY_NOW, NPR.Player.Type.STORY, ‘’)). The key take-away ultimately is that is you aggregate enough traffic you have a handful of options for turning those eyeballs into cash (probably worth of a full post about the pros and cons of these various models, but no time today to get that down on paper). …
March 27, 2008· 1 min read
This Internet thing is just a fad
A 1995 article by Clifford Stoll has resurfaced on the Newsweek site: The Internet? Bah. Hype Alert: Why cyberspace isn’t and will never be, nirvana. Of course its fun (and easy) to make fun of pundits with the benefit of hindsight, but this one is particularly juicy with its sweeping – and as it turns out completely off base – prognostications. Visionaries see a future of telecommuting workers, interactive libraries and multimedia classrooms. They speak of electronic town meetings and virtual communities. Commerce and business will shift from offices and malls to networks and modems. And the freedom of digital networks will make government more democratic. …
March 25, 2008· 1 min read
Sharing practical experience
My partner Ryan related amusing story about leaving his brand new MacBook Air on a recent flight. I had a similar experience myself last week, which unfortunately didn’t end up quite as happily (although fortunately didn’t involve a $3,000 piece of technology). I left the office for a meeting on Friday afternoon with my hands full: I had my computer bag in one hand and was carrying my jacket and a garment bag in the other. In addition I was on my phone as I dragged all of this down to the parking garage. I managed to get everything in the car without disrupting (or dropping) my call and drove off. After a few blocks, I noticed that my phone wasn’t in the spot I usually keep it in the car. I was still on the phone (on a bluetooth headset) and figured it had fallen down between the seats. After about 10 minutes I finished my call and at the subsequent two stop lights frantically looked for my phone under the passenger seat, in my bag, etc. About 5 minutes later I heard a thump from the top of my car (and thought relatively little of it). About 3 minutes after that, I realized that the thump was actually my phone falling off the top of my car where I had inadvertently left it while trying to load everything into the trunk. Oops… …
March 24, 2008· 2 min read
Theme: Glue – Foundry Group cross-post
We’ve just put up another in a series of posts the active investment “themes” that we’re pursuing on the Foundry Group blog (see earlier theme posts here and here). Today’s post introduces a theme that we’re calling “glue”. Glue is our term for the web infrastructure layer that facilitates the connections between web services and content companies. As this ecosystem becomes increasingly complex and as web sites and web based applications rely on more underlying services, this “glue” layer of the Internet is becoming more and more core to overall web infrastructure. …
March 24, 2008· 1 min read
Munger has it right
I came across a great quote from Charlie Munger that I thought was right on: “if something’s not worth doing at all, its not worth doing well” Nicely put.
March 21, 2008· 1 min read