By guest authors Irina Patterson and Candice Arnold Irina: In the past twelve months, how many investments have you made? Jeff: In terms of new investments, not follow-ons, I did twelve. Irina: What was the average dollar amount that you invested? Jeff: Those were between $100,000 and $200,000.
By guest author Tony Scott Does “The End of Software” Demand New Leadership Skills? Tony: My friend Tim Chou, who set up Oracle’s on-demand applications business, wrote a great book called “The End of Software” about how software will be sold and delivered in the future. Do you think that we are starting to see
By guest authors Irina Patterson and Candice Arnold This is the fifteenth interview in our series on financing for entrepreneurs. I am talking to Brad Feld, managing director of Foundry Group , venture capital firm focused on making investments in early-stage information technology, Internet, and software startups, based in Boulder, Colorado.
By guest authors Irina Patterson and Candice Arnold Jeff: Then I look at the product, the concept, is it differentiated? Have I seen ten or twenty versions of this thing in the past? Is it unique? How defensible is it? How replicable is it? Is it something that people are going to look at and
By guest authors Irina Patterson and Candice Arnold Irina: What do you think angel-backed founders could do to increase their chances of success? Alan: Have a very rich father. No, seriously, there are a couple of very common errors that companies make that if they could avoid those, they’d really make – particularly the capital
By guest authors Irina Patterson and Candice Arnold Irina: On average, from all sources, how many pitches do you receive a month? Jeff: It’s hundreds. It varies. I would say like five to ten a day on average. And then some days are busier so, it really depends. A lot of those sometimes aren’t qualified.
By guest author Tony Scott SaaS, the Cloud, and Changing Customer Expectations Tony: How are your customers adapting to the world of SaaS and cloud computing? Are they asking for a different approach than what you have provided in the past? Vivek: Customers are looking at from this way: “Can you take the application, take
By guest authors Irina Patterson and Candice Arnold Jeff: Sometimes people will catch my attention. Someone the other day reached me via Twitter. I looked at what he was doing. It was a 20-year-old kid who was trying to put a company together, so I gave him some advice around how to think about his