CEO Bi-Weekly Summary | 07.30.2021

Hi everyone.

Two things should be on everyone’s mind right now: physical and mental health. 

While the Delta variant is on the minds of some, the news of Simone Biles withdrawing from the Tokyo Olympics is yet another reminder about the importance of our mental health. We touched upon this in our May newsletter (Naomi Osaka’s withdrawal), and we cannot stress enough: you are as good of a leader to others as you take care of and prioritize yourself. Oh, and if you want to criticize her, please review this flowchart.

Reminder: Having invested in Meru Health, Foundry Group underwrites a 12-week Digital Treatment Program for Depression, Anxiety, and Burnout for CEOs in our network. If you have not taken advantage of this and think this might be helpful to you, sign up here.

As always, below is a recap of the key CEO threads, Don’s corner, “perk of the week,” as well as a preview of what’s on tap.

Until then, be well and kind to one another (and yourself!)

Rena, Seth, Ryan, Moody, Jaclyn, Lindel, Brad, Lynch, Lena, Don, and Jordyn

COMING UP

Event Updates!

Foundry Group's 6th Semiannual CEO Summit (Retreat).

Oct. 10 – 13 at Devil’s Thumb Ranch.

Updates regarding COVID-19/Health, RSVPs, Rooms and Transportation.

  • Covid-19/Health: 
    • Update: We are carefully monitoring both state and national guidelines for group gatherings. We are also discussing additional health protocols for those who plan to join. Please know that this is top-of-mind, and we will have an update to all well before the event.
  • RSVPs:
    • Update: Some of you have responded via email that you will attend. We’d also like you to please take the CEO Summit Survey to accommodate you best.

  • Dates: Oct 10-13
    • Sun. Oct. 10 (check-in is at 4pm/MT. Welcome Reception kicks off at 7pm/MT).
    • Wed. Oct 13 (check-out is at 11am/MT. Events will continue until around 2pm/MT). Reminder: events for the remainder of this day will include mostly networking. If you want to catch an earlier flight home, checking out/leaving after breakfast is highly encouraged.

  • Rooms:
    • Update: The deadline to book all rooms is 9/8. There are about 15 rooms left.
    • To book your room, please contact the Reservations Department directly at 970-726-7000 and refer to “Foundry Group” as the group event. The best times to reach the staff are between 9am-6pm/MT.

  • Transportation:
    • Update: We are still looking into group/shuttle transportation to and from the DEN airport and plan to provide an update in the following newsletter. For now, please take the survey, reserve your rooms, and book your flights; thanks.

Seth Levine & his co-author Elizabeth MacBride are hosting an author panel.

Monday, August 16th

Register here.

IN CASE YOU
MISSED IT

Brad Feld hosted “A Fireside Chat” with Jeff Lawson, Co-Founder & CEO, Twilio and author of Ask Your Developer.

CEO THREADS

(group archive here)

EXEC THREADS

(group archive here)

FOUNDRY PORTFOLIO
PARTNER NEWS &
HAPPENINGS

HiHello

HiHello Raises $7.5 Million in Series A Funding to Scale Its Digital Business Card Platform

Dibbs

Dibbs Announces $13 Million Series A to Scale Real-Time Fractional Sports Card Marketplace

Suzy

Suzy Nabs Another $50M for its On-Demand Market Research Platform

Dwolla

Dwolla Secures $21 Million to Spearhead the Future of B2B Payments

Moxxie

Moxxie Ventures closes $85M fund & Alex Roetter joins as General Partner

Matchstick Venture

Matchstick Ventures is hiring a Head of Network

AvidXchnage

AvidXchange Announces REVx 2021 Conference (happening on Thursday, September 16th) and New “REVx on the Road” Speaker Series coming to a city near you throughout the month of August. Learn more and register here.

Knock

Knock Brings Its Buy Before You Sell Platform to Chicago Homeowners, Becoming the First Major PropTech Company to Enter the Nation’s Third Largest Housing Market

StackHawk

Integrate

Integrate Announces New “College Game Changers” Sponsorship for Walk-On Collegiate Athletes in Response to Recent NCAA Name, Image, Likeness (NIL) Policy

Landing

Landing reveals HQ, contributes over $1M to Birmingham tech space

JumpCloud

ROLI

ROLI transitions to a direct to customer sales model, making its range of award-winning hardware instruments exclusively available through its websites

Section

Section Welcomes Paul Savill, SVP of Product at Lumen, to Board of Directors

Suzy

Suzy Appoints TikTok’s Sofia Hernandez to its Board of Directors

MX

MX partners with Dwolla to improve account verification experience

Elevate

Now’s the time to rethink workforce security by Robert Fly of Elevate Security

ColdQuanta

ColdQuanta Masters Cold Atoms — The Oldest New Kid on the Block in Quantum Computing — to Power Quantum Scalability

Sovrn

Sovrn Holdings, Inc. Acquires Monetizer101 to Expand Affiliate Marketing Tools for Publishers

Techstars

Techstars Closes Oversubscribed $150M Fund to Support Accelerators, High-growth Startups All Over the World

OpenSSF

Open Source Security Foundation (OpenSSF) adds Tidelift as a new member

WHOOP

WHOOP Joins Conference USA As Official Fitness Wearable

Xometry

Xometry Launches Instant Quoting for Binder Jet 3D Printing Metals

Brad Feld

Brad Feld quoted in Yahoo’s article about Blackstone Entrepreneurs Network’s (BEN) New Inclusivity-Focused Grant From Blackstone Charitable Foundation

DON'S CORNER

Corp Dev: Don Loeb

Headlands West Advisory

Please email Don if you’re interested in talking about any of these companies/people, especially those scheduled for the
next couple of weeks.

IKEA

VP Digital Product

Twitter

VP CorpDev & Strategy

Snap

CorpDev & Strategy

RAND

Senior Political Scientist

Ohyay

Head of Growth and Product

Qatalyst

M&A

AARP

VP Product and Startup Engagement

Al Jazeera

Head of AJ+ English

Don’s upcoming meetings
(cu
rrently scheduled)
in the next 2 weeks

Discord

Head of CorpDev

Chaotic Capitol

Managing Partner

Plaid

CorpDev / Strategy

System1

CTO

FOUNDRY THOUGHTS
AND UPDATES

The Scott Becker Podcast discussing The New Builders

by Seth Levine

The Economic Profession’s Artificial Narrative

by Seth Levine and Elizabeth MacBride

Tahmina Watson’s Podcast Tahmina Talks Immigration

by Brad Feld

Madeleine Grummet’s Podcast Human Cogs

by Brad Feld

PERK OF
THE WEEK

Who: Vouch

What: Business insurance for top startups.

Perk: Vouch has re-engineered insurance end-to-end to remove hidden fees and paperwork, and Foundry Group portfolio companies are entitled to an extra 5% off your insurance coverage.

About: Vouch provides business insurance for startups where founders & finance teams can apply for 10+ lines of proprietary coverage, from General Liability, EPL, D&O, to Cyber policies, under 10 minutes and save 24% on average on bundled coverages.

Contact: Matty Wright; matthew.wright@vouch.us / 323.8106277 to learn more.

Foundry Group

700 Front Street, Ste 104
Louisville, Colorado 80027
United States