Rob
55p159 comments posted · 462 followers · following 49
533 weeks ago @ PeteSearch - http://petewarden.type... · 0 replies · +1 points
539 weeks ago @ VC Adventure - There is no “Foundry... · 1 reply · +3 points
Boulder entrepreneurs (and by extension TechStars) simply can't have it both ways. If you want the involvement of foundry group in your company (and this actually true for any advisor who makes investments), you're signing up to have the moment of truth eventually. Either your advisor, informal or formal, will invest or they won't. It's a great win if they do because it inspires confidence in other investors.
If they don't invest, it's a setback. But it's hardly a major one. As an entrepreneur, it's actually pretty easy to explain away why foundry (or somebody else) didn't invest, and to do it in a credible way. In fact with you guys, it's absurdly easy and here's the free template:
"well foundry are thematic investors. we're not really in one of their themes so while they are fans of what we're doing (afterall, we did get in to techstars & they're involved as informal advisors), they didn't invest because we don't fit their premise which they represent to their LPs".
The "signaling problem" isn't really a problem. In the worst case, it's just a softball question, and in the best case, it's a bragging point.
540 weeks ago @ PeteSearch - How to turn data into ... · 1 reply · +1 points
548 weeks ago @ Feld Thoughts - Trying Gmail For A Week · 0 replies · +2 points
554 weeks ago @ TechStars Blog - Venturing Around · 0 replies · +4 points
562 weeks ago @ TechStars Blog - The Second Order Effects · 1 reply · 0 points
562 weeks ago @ Rob Johnson - Money quote from danah... · 0 replies · +1 points
565 weeks ago @ The Devver Blog - Lessons Learned · 0 replies · +2 points
575 weeks ago @ Rob Johnson - Tumblr Link · 1 reply · +1 points
577 weeks ago @ TechStars Blog - Eran Egozy · 0 replies · +1 points