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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…

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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…

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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…

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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…

Galleria Vittoria Emanuele II

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…