Give First

Lolita Taub has always been about community, from her upbringing in South Central LA to now at The Community Fund, which is a venture capital fund that invests in community-driven companies, “connecting people to people and resources to achieve results.” By day, Lolita is the Corporate Development VP at Catalyte, but on breaks or weekends, she is an operator-investor, looking for those unicorns of the future. She believes these companies will “have customers that identify as members where members have a space to create value for each other, and then start this marketing sales flywheel.”Listen for Lolita’s ideas of the expensive side of building a customer base and how “only good things can come out of” involving customers into building a company, such as lifetime value, retention, sales leads, and talent acquisition, among other benefits.Also, don’t miss Lolita and David discussing the startup investor matching tool that began last year right on Twitter, and how COVID has changed how we build relationships. Hosted on Acast. See acast.com/privacy for more information.

From his service as a Naval Intelligence Officer to an MBA from the University of Chicago to becoming an investor in early-stage startups in healthcare tech, frontier tech, logistics, and marketplaces, Sherman Williams has had an interesting career. Now he’s also helping other U.S. Service Academy (USNA, USMA, USAFA, USCGA and USMMA) grads to invest as well. Many veterans want to get into entrepreneurship, but don’t know how to access a network to help them learn and grow. The Academy Investor Network invests in veteran-led startups (as well as civilian-led startups) that focus on “dual-use technology,” or tech that has both commercial and government purposes. Or as Sherman puts it, “technologies that help make our country safer, operate more efficiently, and have a strong commercial use case.”Listen for Sherman’s take on how technologies like this can have both civilian and military use cases, and how veterans can thrive in entrepreneurship. Oh, and definitely listen for David and Sherman’s brief but delightful discussion of reggae. Follow Sherman Williams on Twitter @vc_sherman Hosted on Acast. See acast.com/privacy for more information.

Brittany Barreto, Ph.D., started as an entrepreneur, transitioned to VC, and now is building a whole new category: FemTech. Yes, she invented the term, and you are encouraged to use it and spread it. Brittany realized that women’s health and wellness companies didn’t have the community that helps an industry thrive, so she set out to build it. She cofounded FemTech Focus, and started hosting the FemTech Focus Podcast to talk about “the innovative technology, services, and products (collectively known as femtech) that are improving women’s health and wellness.” FemTech focus is working to provide essentials like market research, industry awareness, founder training, and more that FemTech founders need in order to succeed. That was 2020. Now in 2021, Brittany is expanding to providing capital to the FemTech community, with her new firm, Coyote Ventures, which will fund seed stage FemTech startups. Does FemTech really need a category of its own? Here are Brittany’s stats on the size of FemTech: “Our current company database is 636 active FemTech startups in the world. We have found over 50 exits in the last 20 years. The average exit value is $480 million, which is significant because the average tech startup exit is $200 million.” So yes, it’s significant. This is how you coin a term, create a category, and grow a community.  Hosted on Acast. See acast.com/privacy for more information.

Toward the beginning of this conversation between David Cohen and Brad Feld — cofounders of Techstars and celebrated early-stage investors — Brad says, “I believe it takes a hundred episodes before you can really call yourself a podcast.” If that’s the standard, the Give First podcast isn’t a real podcast yet, since we’re only at about 45. But we’re quite proud that Give First has stuck around so long and found such a welcoming audience. Turns out that people want to hear about the warm, relationship-based, virtuous cycle side of entrepreneurship and tech that Give First elevates and celebrates. What have David and Brad learned in the process of making all these episodes? For one thing, consistency is less important than continuation. They don’t make an episode every week, or even every two weeks, necessarily — but they keep making them, and that works. They also shout out to Techstars podcast producer Kacey Wherley, who makes it all happen behind the scenes. And though Give First was Techstars’ first podcast, and we learned a lot by making it, Techstars now has six podcasts (and probably more soon)! If you’ve missed some of the recent episodes, you should really check them out! Hosted on Acast. See acast.com/privacy for more information.

“We get a tremendous amount of traffic to our website every month from people who are just searching for different ways to do things, learning different ways to code. It might not even be on our infrastructure, but we provide that content,” says Carly Brantz, Chief Marketing Officer at Digital Ocean. This is just one of many ways that Digital Ocean, which helps developers easily build, test, manage, and scale applications of any size on a complete cloud platform, Gives First to its customers, and even to people who aren’t its customers (but might one day be). Because when you give people what they need now, then when they do need your product, even if it’s a year or two from now, they’ll think of you. This could be just good marketing strategy, but for Carly — and for Digital Ocean’s founding team, Ben Uretsky, Moisey Uretsky, and Mitch Wainer, it’s more than that. It’s about love. David remembers when Digital Ocean was in the Techstars Boulder Accelerator, back in 2021: “Moisey and Ben and Mitch and everybody in the accelerator said love. They talked about love being the differentiator. We love our customers. We want them to love our product. They got this funny look from a lot of mentors and a lot of people like, ‘Hey, that's not really a way you can build the company.’” But for Digital Ocean, love turned out to be a winning strategy. Carly confirms that love is still a big differentiator for Digital Ocean: “Really everything that we do, we always say that it starts with community and ends with love.”Listen for more about how community, content, and love can be a hugely successful marketing strategy — and why it’s never too early or too late to join Pledge 1%.Techstars personnel and/or guests who speak in this podcast express their own opinions, and not the opinion of either Techstars or any company discussed in this podcast. This podcast is for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities are for illustrative and/or informational purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investor or prospective investor, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by Techstars. Certain of Techstars funds own (or may own in the future) securities in some of the companies discussed in this podcast. Hosted on Acast. See acast.com/privacy for more information.

“Techstars for nonprofits” is a pretty good description for Fast Forward, an accelerator for tech nonprofits. The similarities are many — like Techstars, Fast Forward provides mentorship, network, and resources to tech founders, designed to help them succeed. The key difference is that Fast Forward focuses on the specific needs of nonprofit companies.“Our entrepreneurs have all the challenges of tech startups, and all the challenges of nonprofits,” says Kevin Barenblat, Cofounder and President of Fast Forward.Listen as David and Kevin talk about the amazing results Fast Forward has achieved — the 60 nonprofits that have completed the program have impacted almost 90 million lives and raised $275+ million in follow on funding — and how Kevin actually measures success. Because while these metrics are important, Kevin also believes in taking risks and supporting entrepreneurs that he believes in. Techstars personnel and/or guests who speak in this podcast express their own opinions, and not the opinion of either Techstars or any company discussed in this podcast. This podcast is for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities are for illustrative and/or informational purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investor or prospective investor, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by Techstars. Certain of Techstars funds own (or may own in the future) securities in some of the companies discussed in this podcast. Hosted on Acast. See acast.com/privacy for more information.

Jonathan Levin has had a remarkable career. A London native with an economics degree from Oxford, Levin cofounded Chainalysis in 2014, focusing on bitcoin on the blockchain. The company, a graduate of Techstars’ Barclays accelerator in New York with a valuation in the billions, now does blockchain analysis on a variety of cryptocurrencies. Listen in as Jonathan tells David about what it was like to secure funding in the crypto space in the early days, the importance of living your company values, why he believes “give first” truly is so powerful and get his takes on the must-reads for every entrepreneur.Techstars personnel and/or guests who speak in this podcast express their own opinions, and not the opinion of either Techstars or any company discussed in this podcast. This podcast is for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities are for illustrative and/or informational purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investor or prospective investor, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by Techstars. Certain of Techstars funds own (or may own in the future) securities in some of the companies discussed in this podcast. Hosted on Acast. See acast.com/privacy for more information.

Bruno Morency graduated from college in 2001 and started a company right out of school. It was a tough time for tech startups, but Bruno persisted, and he’s been part of the entrepreneurship ecosystem in Montréal ever since. Hear Bruno tell Brad about how his adventures in entrepreneurship paralleled the growth of the startup scene in Montréal over the last 20 years, culminating in Bruno’s current role as Managing Director of the Techstars Montréal AI Accelerator, as interest in entrepreneurship in Montréal and throughout Canada continues to expand. Brad and Bruno’s most urgent piece of advice for founders right now? Don’t forget to get a good night’s sleep. Techstars personnel and/or guests who speak in this podcast express their own opinions, and not the opinion of either Techstars or any company discussed in this podcast. This podcast is for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities are for illustrative and/or informational purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investor or prospective investor, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by Techstars. Certain of Techstars funds own (or may own in the future) securities in some of the companies discussed in this podcast. Hosted on Acast. See acast.com/privacy for more information.

Rob La Gesse has had an interesting career. After high school, he joined the Navy and worked both as a combat medic and a neonatal respiratory therapist. He was a mayor in Hawaii. He taught himself programming and went into tech, just in time to help develop Wi-Fi. On this episode of the Give First podcast, David Cohen talks with Rob about how helping people has guided him at every turn. Rob tells the story of hiring a bartender at his tech company. Why this bartender? Because he was so helpful, and Rob saw potential there. “I can’t teach empathy. I can’t teach compassion,” Rob says — but he can recognize them when he finds them, and he can reward caring people with opportunities and assistance. Follow Rob on Twitter @kr8trTechstars personnel and/or guests who speak in this podcast express their own opinions, and not the opinion of either Techstars or any company discussed in this podcast. This podcast is for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities are for illustrative and/or informational purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investor or prospective investor, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by Techstars. Certain of Techstars funds own (or may own in the future) securities in some of the companies discussed in this podcast. Hosted on Acast. See acast.com/privacy for more information.

In this episode of the Give First podcast, Brad Feld talks with his old friend Katie Rae, who was once the Managing Director of Techstars Boston. These days, Katie is the CEO and Managing Partner at The Engine.Launched by MIT, The Engine supports big ideas and breakthrough technologies — “the long shots, the unimaginable, the unbelievable,” as their website says — that have really big potential to make a big impact and benefit society. While others refer to this as deep tech or frontier tech, Katie prefers tough tech, and she thinks of it as the “convergence of breakthrough technology and leadership.”Listen for Katie’s story, which is inextricably entwined with the evolution of the Boston startup ecosystem, plus insights into how truly transformational technology happens. Some fun examples include fusion and deep geothermal energy.Follow Katie on Twitter @ktraeTechstars personnel and/or guests who speak in this podcast express their own opinions, and not the opinion of either Techstars or any company discussed in this podcast. This podcast is for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities are for illustrative and/or informational purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investor or prospective investor, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by Techstars. Certain of Techstars funds own (or may own in the future) securities in some of the companies discussed in this podcast. Hosted on Acast. See acast.com/privacy for more information.