Society's Problems are Not Customer Problems

I see lots of business pitches that confuse Society Problems with actual Customer Problems. Here are some examples of Society Problems: Americans are too obese. Too few kids have access to college. Too many bicyclists get hit by cars. Society Problems are usually things we all know should be fixed but haven't. Why? Well, they're hard. They are also our common problem rather than an individual customer's problem. That makes it really hard to get paid. Customer problems can be identified because they have nouns that are people or businesses:…

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Central Texas Winning the Amazon Sweepstakes

The Amazon HQ2 RFP announcement swept through the news in the past few weeks. https://www.amazon.com/b?ie=UTF8&node=17044620011 Many pundits put the Texas cities well behind other candidates. This New York Times piece has Denver as a clear favorite: https://www.nytimes.com/interactive/2017/09/09/upshot/where-should-amazon-new-headquarters-be.html?mcubz=1 As much as I love my hometown and state, San Antonio is at best a long shot candidate. Austin, just down the road, has better chances given the recent Whole Food acquisition…

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Born This Way

I was chatting with a founder the other day. Let's call him Bill. Bill said, "It'd be great to figure out how to get more people out of large enterprises to become entrepreneurs." After trying and failing a few dozen times at helping at Big Company employee get entrepreneurial, I think founders are Born this Way. Bill is a great example. He transitioned from Big Company to an entrepreneur in his mid-30s. It was natural to him. He was OK with selling his home to lower his personal burn rate.…

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Office Hours in Dallas-Fort Worth on 9/18/17

I'll be in Dallas in the uptown area on 9/18/17 and have a few free hours between meetings. Come pitch me! My firm, the Geekdom Fund, invests in pre-seed/seed-stage/second seed B2B startups with an internet tech innovation at their core. Our usual check sizes at 25k-500k+. (geekdomfund.com) Email me a pitch deck: [email protected]

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9/11

I think every generation has a couple of moments that really stick. For me, there are two: 1) The Space Shuttle Challenger disaster in 1986. I was 11. We watched it live in our classrooms. I still remember the CRT TV on that big, tall stand they'd wheel into the rooms. You know, the kind with the strap that held the TV down? 2) 9/11. I was 26 and living in San Francisco. One of my co-workers, Ed Felt, was on United Flight 93. He was one of the…

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