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From Wikipedia, the free encyclopedia
Brad Feld (born December 2, 1965) is an American entrepreneur, author, blogger, and venture capitalist at Foundry Group in Boulder, Colorado, a firm he started with partners Seth Levine, Ryan McIntyre, and Jason Mendelson.
Brad Feld | |
---|---|
Education | MIT |
Occupation(s) | Venture capitalist, author |
Spouse | Amy Batchelor |
Feld began financing technology startups in the early 1990s, first as an angel and later an institutional investor. Feld was an early investor in Harmonix, Zynga, MakerBot, and Fitbit.[1]
In 1987, Feld co-founded Feld Technologies, a custom software development startup which catered mostly to small and medium-sized businesses,[2] while he was a student at MIT.[3] In 1993, the company was acquired by AmeriData for around $2 million,[2] where Feld took the role of chief technology officer.[3][4] Prior to the acquisition, Feld Technologies had grown to a headcount of 20 employees and was doing just under $2 million in annual revenue.[5]
In the late 1990s and early 2000s, Feld helped operate Interliant, an application service and hosting provider.[6] Interliant failed in 2002, following the collapse of the dot-com bubble.[7] Feld openly talks about his experience at Interliant, using it as an example of entrepreneurial failure.[1]
In 2006, Feld helped David Cohen co-found Techstars, an early-stage venture fund and startup accelerator.[8]
Before co-founding Foundry Group in 2007, Feld co-founded VC firms Intensity Ventures and Mobius Venture Capital.[citation needed] After its inaugural $225 million fund, Foundry Group has raised four more early-stage funds of $225 million each – in 2010, 2012, 2013, and 2016.
Foundry Group also raised a $225 million Select Fund in 2013 that invests in later-stage opportunities of their earlier stage funds. In 2016, they raised Foundry Next which is a $500 million fund investing in later-stage opportunities as well as investing in other venture firms.[9]
Feld serves on the boards of nonprofits National Center for Women & Information Technology, Startup Colorado, Global EIR Program,[10] and UP Global.
As of 2022, Feld was the primary funder of the Banana Lounge at MIT which gives away hundreds of thousands of bananas to the MIT community.[11]
Since 2005 Feld has been writing on Feld Thoughts, a technology venture blog.[1]
Feld is the author and co-author of a series of books focused on entrepreneurship, technology venture capital, and startups in general.[12] He is also a member of the Xconomists, an ad hoc team of editorial advisors for the tech news and media company Xconomy.[13]
Feld was born in Arkansas and grew up in Dallas, Texas. In 1983, he moved to Cambridge, Massachusetts to attend MIT where he earned a bachelor's and master's degree in Management Science. Since 1995, he has lived in Boulder, Colorado with wife and co-author Amy Batchelor.
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