Tone at the Top

Tone at the top is a term of art from corporate governance, now broadly applied to the role of senior leaders in any large, complex organization. Here’s a nice summary from Boise State University’s internal controls page: ”Tone at the Top’ is a term that is used to define management’s leadership and commitment towards openness, honesty, continue…

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Welcoming Komiko to the Founders’ Co-op family

I’m delighted to announce that Founders’ Co-op has just completed an investment in Komiko, a Redmond-based company that uses machine learning to bridge the structured tables and workflows of Enterprise CRM platforms with the messy, unstructured data that lives in company email, calendars and documents. As a fund we continue to see huge opportunities at continue…

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Welcoming Reflect to the Founders’ Co-op family

I’m thrilled to announce that we’ve just completed an investment in Reflect, a “data-vizualization-as-a-service” company co-founded by Alex Bilmes and Brad Heller. It’s been a while since I had the chance to post about a new portfolio company (we’ve made a few other investments I can’t talk about yet), but this one is a special pleasure continue…

Giftbit Team

Welcoming Giftbit to the Founders’ Co-op family

This is a super-fun investment to be able to announce, because it ties together so many of the threads of our work here at Founders’ Co-op. Giftbit is a Victoria, BC company that helps large-scale issuers of digital gift credits (think brands like Starbucks, Amazon and eBay) and volume buyers of those credits (pretty much any digital continue…

Seattle

How Seattle is getting growth right

On Monday I noticed this article in my feed and was sucked in by the very first line: “Among the credible candidates to be the economic capital of the 21st century, the oddest and most reluctant has got to be San Francisco.” The crux of the author’s argument is that, by every other indicator, San Francisco continue…

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Welcoming Kitt.ai to the Founders’ Co-op Family

I’m excited to be able to finally talk about this one as it took some doing to bring it all together. KITT.AI is a new Seattle company that emerged from the Allen Institute for Artificial Intelligence. AI2 is a private, Seattle-based AI research institute headed up by longtime UW Computer Science and Engineering leader (and serial entrepreneur) Oren continue…

cornucopia_cat

Surplus > Volume

I was on a call with a pair of entrepreneurs last week and said something that seemed obvious to me, but was clearly news to them: “It’s not enough to have a market with strong volume, it needs to also have a big enough surplus.” This team was trying to sell me on a market continue…

roosevelt_UW

Startup Hall — One Year Later

There was a traffic jam last night in Startup Hall. At six o’clock, sixty-plus angel investors were wrapping up a discussion hosted by the Seattle Angel Fund; while another, even larger group of Techstars founders and mentors were milling around in the main reception area, waiting to kick off a speed-dating style Mentor Mixer that officially continue…