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Auth0 + Founders’ Co-op

I’m excited to be able to announce our investment in another great Seattle-area company today: Auth0 just raised $6.9 million, led by Sunil Nagaraj at Bessemer Venture Partners, with support from Manu Kumar at K9 Ventures. This was a later and larger round than we typically participate in as a fund, but CEO Jon Gelsey continue…

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Cascadian Capitalism Update: Introducing Canopy

Eighteen months ago I posited the emergence of a different flavor of global capitalism here in the Pacific Northwest, which I described as “big tent” capitalism, subsequently amended to the more region-specific “Cascadian Capitalism“. My assertion was — and is — that: Seattle is emerging as a global leader in fusing the growth-oriented culture of continue…

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Seattle’s Startup Hall partnership goes global as Techstars scales up, acquires UP Global

Eighteen months ago we announced a four-way partnership among UP Global, Techstars Seattle, Founders’ Co-op and the University of Washington to create an end-to-end support system for high-performing Pacific Northwest entrepreneurs here in Startup Hall. By bringing the UW’s proven strength in global talent development, Startup Weekend’s excellence in entrepreneurial education, Techstars’ world-leading model for startup acceleration and Founders’ continue…

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Local retail is thriving in the face of e-commerce, here’s why

Breathless digital enthusiasts — myself among them — have been predicting a massive shift from store-based to online retail shopping for the past 20 years. And while that transition is well underway, with online sellers now capturing eight percent of total retail spend, and 75% of the growth in spend since 2000, the long-predicted “death of continue…

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Welcoming Transpose to the Founders’ Co-op Family

I’m thrilled to announce the addition of another fantastic new founder to the FC family, as well as an exciting new role for one of the first (and most successful) founders we’ve ever backed as a fund. First, please meet Hussein Ahmed, CEO of Transpose. Hussein is a first-generation American immigrant, PhD Computer Scientist and continue…

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Relentlessly resourceful = Outreach.io

Paul Graham is one of the best thinkers and writers there is on startups. One of his many superpowers is concision: boiling ideas down to their essence. My favorite example is his two-word definition of successful entrepreneurs: “relentlessly resourceful”. He concludes that same post by writing: “If I were running a startup, this would be continue…

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Welcoming SkyWard to the Founders’ Co-op Family

I’m thrilled to announce that we’ve just completed an investment in SkyWard. This is a first for us in several ways: Our first investment in the commercial drone ecosystem The first Portland investment from our new fund Our first co-investment with the new Techstars Ventures Fund Before I tell you more about any of those continue…

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20 million new reasons to bet big on the Pacific Northwest

Seven years ago we announced the launch of Founders’ Co-op as a new $2.5 million fund dedicated to supporting seed-stage startups in the Pacific Northwest. Today I’m delighted to announce that we’ve just completed the final close on our third fund — our largest ever at just over $20 million — to continue the journey continue…