Raising capital is harder than it should be in emerging startup communities largely in part to a lack of established processes and shared terms. Everything is new and that's not really a good thing when it comes to term sheets and deal terms. I've suggested the idea multiple times that communities could have a community… Continue reading The One Page Term Sheet
It's hard to be a great lawyer. It's often thought generically that engineers manage code and lawyers manage words. The complexity of words is quite difficult to grasp especially when testing ones work is subject to interpretation and emotions. Great lawyers and great engineers appear to share some traits, they speak and act with specificity.… Continue reading Great Lawyering
In a Technology Association of Iowa board meeting many weeks ago, the topic of talent emerged. I always think this is an interesting topic. The specific discussion led to, "why do students leave Iowa who study here?" The outcome of the TAI board meeting was to come up with something to present that covered: How… Continue reading Why do well educated young people leave Iowa?
The Dwolla team just finish a meaningful design update. There are some influences under the hood I know that won't get covered in other ways and it inspired me to write about them. The pride flag I work at a place that strives to not only walk the walk but not hide from our position… Continue reading Inclusion & Influence
I’ve been fortunate to work with and learn from some talented leaders. Dwolla is hiring a VP of Sales which got me into a long conversation about this topic with Jenna Hogan, who runs talent at Dwolla. We were talking about some shared positive traits in leaders and I thought it would make for an… Continue reading Building leadership teams
Like most people who will read this I spend a lot of time with startups. Something startups tend to agonize over is what to do vs. what not to do. They also further analyze those decisions by considering what will scale versus what won't. Multiple times a week I hear “that won’t scale, we shouldn’t do/be… Continue reading Thoughts on automation
Ames and Des Moines have developed a symbiotic relationship. I think a lot of entrepreneurs feel it's a odd relationship but aren't sure why. For reasons unbeknownst to us the technology communities haven't historically collaborated well but that's changing. I was thinking recently about why the connection between the two cities feels so important and… Continue reading The relationship between Ames and Des Moines
There's this great saying about giving first, giving often and giving with no expectation of getting anything in return. Brad and the Techstars teams have done a tremendous job of evangelizing this around the world. While I agree with all of this I've struggled a lot with how to have confidence that I'm giving to… Continue reading Where to invest the time?
The past 96 hours in my home have been emotional. Wednesday night when I arrived home, an out of state coworker shared with me news from the NY Times covering the Iowa Bill - Senate File 359. A bill with a title that reads like a one person horror show; AN ACT PROHIBITING AND REQUIRING… Continue reading Concerned about Iowa
I remember the day my friend shot himself in the head. He got into an argument with his girlfriend at the time, put a gun in his mouth and pulled the trigger. He wasn't a good friend per se, but he was a friend. I liked him, cared about him, and remember always having fun… Continue reading I can’t.