Interested, dedicated, fascinated by the job

Today marks the 48th anniversary of the Apollo 11 landing and the first steps by humanity on another world.  In honor of the man who took those first steps, we’d like to reprint the 8/28/12 piece we wrote on the occasion of his passing.  ~~~ Astronaut Neil Armstrong passed away Saturday, and The Wall Street Journal reported something the pioneer once said about the success of the 1969 Apollo 11 mission – the odds of which he had … Continue reading

89 years worth of “the greatest thing since sliced bread”

On this day in 1928, the Chillicothe Baking Company of Chillicothe, MO, sold mechanically sliced bread for the first time in the history of the universe.  This gives us a great opportunity, on a Friday, to re-post a Greatest Hit from our Vintage Future Series – originally published on November 13, 2014: Our Vintage Future series takes a tongue-in-cheek look back at the failed predictions of past generations of investors and futurists, and the … Continue reading

BPV Invests in Pensacola-based Intelligent Retinal Imaging Systems

Intelligent Retinal Imaging Systems Raises Series B Growth Funding SOURCE: Intelligent Retinal Imaging Systems, LLC PENSACOLA, Fla.—June 20, 2017—Intelligent Retinal Imaging Systems, Inc. (IRIS), the industry leader in early detection systems for diabetic eye disease, today announced the company successfully closed a round of Series B financing. The round was led by Ballast Point Ventures, a later-stage venture capital and growth equity firm that invests in rapidly growing, privately owned … Continue reading

More subtle than the California Gold Rush or Irish Potato Famine but is just as significant

Two stories came to our attention over the weekend: Illinois may be the first state since 1933 to declare bankruptcy because they’ve chased off too much of their tax base with public policies hostile to entreprenuers, while… Our home state of Florida has 3 of the top 20 cities in the country for tech job growth:  Orlando (6th), Jacksonville (9th) and Tampa (17th).  ZipRecruiter looked at 8 million active job postings … Continue reading

Iconixx Named among ‘50 Fastest Growing Companies of the Year 2017’ by The Silicon Review Magazine

AUSTIN, Texas–(BUSINESS WIRE)–Iconixx today announced that The Silicon Review Magazine has named it among the ‘50 Fastest Growing Companies of the Year 2017.’ “We are honored to be recognized by The Silicon Review Magazine as the one of the 50 Fastest Growing Companies of the Year 2017” Tweet this “The Silicon Review 50 Fastest Growing Companies of the Year 2017 program identifies companies which are revolutionizing the decision making and … Continue reading

How to recruit a Board of Directors, continued

A recent article in Forbes offers excellent advice for recruiting a board of directors – in the form of the Top 10 Questions High Performance Directors Ask Before Joining a Board. We think looking at the subject from that point of view is a very useful exercise that can help entrepreneurs with one of their most critical tasks.  Here’s how we ourselves once put it, in a 2012 post entitle How to … Continue reading

HotSchedules Announces New CEO, Changes to Leadership Team and Record Usage Numbers

News Provided on May 16, 2017 by HotSchedules AUSTIN, TX – MAY 16, 2017 – HotSchedules®, a leading provider of technology solutions for the restaurant and hospitality industries, announced Mike Arenth as Chief Executive Officer. Arenth started with the company in late 2016 and implemented key leadership changes to better support innovation and growth. Prior to joining HotSchedules, Arenth was a Senior Advisor to Silver Lake, an Executive Vice President at … Continue reading

The only thing he ever made fly was government money

On this day in 1906, the Wright Brothers were granted a patent for their “flying machine.” In honor of the anniversary, we reprint this – one of our most popular, most-read pieces.   (Original publish date: April 17, 2013) The process of productive capital allocation is a critical ingredient of innovation and job growth.   Entrepreneurs spending their own (and their partners’) money will create more jobs, more innovation, and a more vibrant economy than politicians picking winners … Continue reading

Iconixx Software Closes $4.2 Million Equity Financing

Posted May 2nd, 2017 by Business Wire AUSTIN, Texas–(BUSINESS WIRE)–Iconixx software announces today it has closed $4.2M in new capital. This round of funding was led by existing investors Ballast Point Ventures, Harbert Growth Partners, S3 Ventures, and the Iconixx management team, resulting in $24 million in capital raised to date. Iconixx, a global leader in enterprise class incentive compensation software, will use the funding to accelerate growth initiatives. The company has … Continue reading

Successful people invest in relationships

Good article in Entrepreneur about how true success is not possible unless you build great relationships.  The piece hits several themes that we believe are critical to a successful vc-entrepreneur marriage: maintaining long term relationships, communicating good news and bad, promoting honesty in business, how useful failures can prevent epic ones, and maximizing board effectiveness. The chemistry between entrepreneur and venture partner in private companies is more cooperative, longer-term, and (mercifully) not subject to … Continue reading

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