Among our core beliefs at Foundry Group is the idea that we bring more value to our business as a team than as individuals.  We believe that as a group we have more impact on our portfolio companies, are better at making investment decisions and are more thoughtful about the themes in which we invest. This is somewhat of a departure from the typical venture capital model, in which venture partners are often islands unto...

Continue reading There is no "I" in Foundry

All of us at Foundry Group try hard to be substantive members of our community. We have all chosen to live in Boulder, Colorado and we share the belief that giving back to the community in which we live is an important part of supporting this goal. In addition, we strongly believe in the cliché of "putting our money where our mouths are." As a result, we are proud to announce that we have recently...

Continue reading Foundry Group Joins the Entrepreneurs Foundation of Colorado

In a follow up to our Who We Are post, Ryan and I thought we would compare VC life in Boulder, CO to that of the Silicon Valley. In some ways it's remarkably similar and in some ways wonderfully different. For those of you who don't know, Ryan and I met in 2000 while at the California offices of Mobius Venture Capital, became quick friends and even started a band or two. (Shameless Plug Alert:...

Continue reading What We Learned By Moving To Boulder

Every venture capital firm starts with people. In our case, Foundry Group consists of five experienced venture capitalists - Brad Feld, Seth Levine, Ryan McIntyre, Jason Mendelson, and Chris Wand - who have been working together for the past eight years. We all met through our work at Mobius Venture Capital. Following is the story of what we have done and how we found each other. Brad started his career as an entrepreneur in 1987...

Continue reading Who Are We?

Most entrepreneurs who have raised venture capital have heard the popular cliché: Venture capitalists only invest in their backyard. The venture press and popular media are full of interviews with venture capitalists who emphatically state they’ll only invest in companies that are within driving distance, live in the same area code/zip code, or belong to the same golf club. While there are often plenty of reasons for us not to invest in a given...

Continue reading Is “Geography” a Cliché in Venture Capital?

Foundry Group raises $225 Million Early-Stage Venture Capital Fund We are now officially in business. With fundraising completed in November of last year and a brand new shiny website, we can officially take the wraps off what we are doing and say "Hello World!" For those of you who don't know us, we are a Boulder, Colorado-based venture fund that invests in early-stage Internet and software companies across the United States. Collectively, we have over...

Continue reading Hello World!