Category

Venture Capital

FAS 157 Blows

File the newly enacted FAS 157 under “stupid accounting tricks”. In addition to making investments and representing Foundry Group on the boards of companies we’ve invested in, my partner Jason Mendelson also runs our back office and is responsible for overseeing our audits and financial reporting to our investors. Jason is knee-deep in audit season…

Topspin, Baby!

I’ve recently joined the board of an incredibly cool company called Topspin Media, via Foundry Group’s Series B investment in the company. This is an investment literally a decade in the making. I met Topspin’s co-founder, seed investor and Chairman Peter Gotcher about ten years ago while he was a venture partner at Redpoint, via…

Mr. Moore in the Datacenter

Yahoo is celebrating its tenth anniversary, which led me to reflect on the fact that a decade is a very long time in Silicon Valley, particularly when viewed through the lens of Moore’s Law. As Ray Kurzweil and others have observed, when humans contemplate exponential progress, we tend to overestimate what can be accomplished in…

VC Holiday Cheer

Every December, many VC firms (Mobius included) send out a flurry of holiday greeting cards to their VC colleagues, service providers, portfolio company management teams, entrepreneurs, friends, etc. And every December, I look forward to receiving the card that Onset Ventures sends to me. Over the past few years, I’ve had the pleasure of sitting…