Episode #44 Brad Feld, MD, Foundry Group, VC fund with nearly $3 billion of AUM

• Discussing strategies and advice for first moves when starting a business and then how to raise the first capital for a potentially high-growth high-tech business. • Characteristics of great founders, recruiting cofounders, advisors, angels and VCs that add value. • How to triage or think about startups that come into your inbox or orbit. • What are the key things you try to figure out when looking at a deal for the first time. • Discussing current 2021 valuations for raising venture rounds and valuations of exits. • How many boards should a VC be on. • What is the point of a board, how to run a board meeting and the role a board should play. • Dynamics of boards and how to communicate across a board and lobby for a specific outcome. • When should a startup form its first board of directors. • Understanding key terms to negotiate for and how to communicate and come through with an agreement. • Investing in startups and VC funds. • Investment themes changing over time. • Is the current vintage of VC a good vintage considering entry point valuations and exit point valuations. • Advice on self-actualization and building a culture or cultural norms that matters more than cash or stock option compensation at a startup? • How to maintain cultural norms at a high-growth company over time as things change. • What are you optimistic about? • Life after death, the universe, the meaning of life and how that focuses decisions we make now. Brad’s 8 books can be found here: https://rb.gy/l10yzb. Subscribe to our YouTube channel for video of this and all podcasts: https://youtu.be/Vn_hlzfsD1s Learn about investing in our 506c Angel Fund to co-invest with our primary VC fund contacting andrew@7bc.vc.