I was out for the past two weeks so TechCrunch beat me to the punch, but just before I left town we closed an investment in SPARQCode (the company has been operating as MSKYNET but is rebranding to match their flagship product name). I think of SPARQCode as “Bit.ly for the real world” – a drop-dead easy way continue…
It’s only Tuesday but it’s already been a big week here at Founders Co-op. First, the news broke about our newest company, RevenueLoan, raising $6MM to create a new and potentially disruptive finance offering for high-tech companies. Then BigDoor Media, a Founders Co-op portfolio company, announced a $5MM venture round led by Brad Feld at continue…
TechCrunch just published a terrific introduction to our newest Founders Co-op company: RevenueLoan. Andy and I got excited about the idea of royalty based finance for early-stage companies more than a year ago and have experimented with the structure in our first fund. As we worked through the details on these deals we realized that there continue…
Earlier this year I was invited to run a training session for the Seattle-based coaches for SCORE, a Federally-funded program offering advice and training to entrepreneurs. Most of the companies in the program aren’t likely candidates for outside financing, but the Seattle program attracts a more tech-savvy cohort than most, and the coaching team wanted continue…
John Cook broke the news earlier today, but I wanted to add a quick congratulations to Bill Harding and his team at Bonanzle from all of us at Founder’s Co-op. We first talked to Bill about what he was up to in the fall of 2008, and have watched with admiration as he bootstrapped his continue…
Andy has a long post up today on how TechStars came to Seattle, so I’ll keep this short and sweet. TechStars is a fantastic program for early-stage software entrepreneurs who want to radically accelerate their progress and multiply their odds of success. The program has had a big impact on the early stage scene in continue…
John Cook broke the news earlier this week about our investment in Untitled Startup. Andy led the deal for us and has been closely working with Damon and Aviel for several months now, but I wanted to take a minute to publicly welcome Untitled Startup to the Founder’s Co-op family and share some of the continue…
I’m excited to announce that Founder’s Co-op just completed an investment in Urban Airship, a new mobile infrastructure company that’s making it radically easier for smartphone developers to implement core features like push messaging and in-app transactions. The deal is is a first for us in several ways: it’s our first significant investment outside Seattle continue…
Last September we announced our investment in Nearlyweds!, a two-year-old provider of beautifully-designed wedding websites. At the time, we hinted that they were working on some “secret sauce” that would bring some exciting new ideas to the wedding services ecosystem (a $71 billion marketplace, per this snazzy infographic from BridePop). The Nearlyweds team still has continue…
I had the opportunity last week to speak at a Seattle Tech Startups meetup. The topic of the meeting was: “Where’s the Money in 2010?”, and I put together some slides describing how Founders’ Co-op is thinking about the early-stage landscape here in the Pacific Northwest. John Cook, a friend and local tech journalist, was continue…