I am the CEO and Founder of Boost, where we accelerate startup companies. I have invested in companies, started companies and daydreamed at different times in my life. My life's ambition is to assist in the creation of an Iron Man Suit.
Venture Capitalists are an interesting species. I have grown up around many, and they come in all shapes and sizes.
Boost first announced we were accepting Bitcoin companies on March 4, 2012. We were accepting Bitcoin companies before it was cool to fund Bitcoin companies.
bout one year ago, I was invited by Chris Morton to speak to Stanford's Bitcoin group. I showed up to a dinner at the Cheese Cake Factory in downtown Palo Alto
Accelerators in general are great, the whole purpose of an accelerator or incubator is to bring together a group of like minded individuals who are doing awesome things and assist them in progressing their company forward.
Everywhere I go I am asked whether Boost is looking at "Bitcoin" companies or do I mean "Digital Currency?" And my answer is - I mean Bitcoin.
I am writing this post in order to announce to the world that the Boost VC company Vaurum, a Bitcoin exchange for institutions, has raised $4 Million dollars from Battery Ventures, RRE, Tim Draper and Steve Case, among others.
13 months ago, Boost VC was the first accelerator or investor of any kind to very publicly take a stance on Bitcoin companies.
I'm announcing that the third session of Boost has launched and are making their dents in the universe! Bitcoin, Rockets, Robots, Enterprise and Consumer! These companies are wreaking havoc on their industries (In a good way). Congratulations...
"Bitcoin won't succeed unless there are a lot of Bitcoin companies building the Bitcoin infrastructure / Bitcoin economy. So there seems to be a classic public good / positive externality problem here: People are better off free riding on the...
It surprises me how few people have written about marketplaces and how to get a chicken/egg marketplace going.
My friend Kevin Twohy, who is a very talented designer and all around good guy, posted a comment on Facebook during this holiday season: "Have a great holiday, everyone! Enjoy explaining Bitcoin to your parents."
Do you know that scene at the end of "October Sky", the movie with Jake Gyllenhaal, who plays the character Homer Hickam, where he is pitching rockets at the science fair? Also, if you are a fan of that movie, let me blow your mind for a second,
Have you ever read the book "He's Just Not That into You"? Me neither, however I have seen the movie, and although it is lacking a whimsically charming Hugh Grant in order to make it into the "Best RomCom" category, there is one part of the movie...
When an entrepreneur starts a company, they set out to solve a problem. In order to solve the problem they end up trying a lot of things. This rule is for those of you who have lost focus on the original problem.
In school you are taught that mistakes are not allowed. That if you make a mistake it is a bad thing. You will do worse if you make mistakes on homework or tests. However, in the entrepreneurial world, the only way you can learn is from mistakes.
Five months ago BoostVC started an accelerator to help start-up companies get to the next level.
Bitcoin, the decentralized, ungoverned currency has become an obsession of mine.
“Ender’s Game”, is my favorite book, and now it is being made into a movie. I generally tell entrepreneurs to read the book to learn about leadership.
As the great philosopher Pitbull once said, “Ask for advice, get money twice.” Last week, a company I invested in approached me asking for advice on how they should start their next fundraise.
I dislike the term “Bubble”, and I don’t dislike many things. People throw out the term anytime anyone is getting traction and any industry is doing well, and they want to throw a wrench in the concept.
10 Weeks ago, my partners and I made the decision to aid in the development of the Bitcoin economy. Our decision was to do what we do best and incubate 5-7 Bitcoin related companies in our next batch.
Since Boost VC’s announcement that we would be looking at Bitcoin related companies for our next accelerator session, the market has gone crazy!
After my last post on Bitcoin, there have been a lot of people asking me: “What kind of Bitcoin companies are you looking for?”
Last night I got an email from one of the investors in Boost (www.boost.vc) informing me I was mentioned in the Sunday NYT. I looked it up: http://nyti.ms/UU1pGZ
Thinking of the victims of Hurricane Sandy
http://daslee.me/starting-v-building-a-company