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Entrepreneur Advice:
Brad Feld
www.feld.com
About Brad Feld

Brad Feld is currently a Managing Director at Mobius Venture Capital and has been with the firm since 1996. Prior to Mobius, Brad founded Feld Technologies, which was sold to AmeriData Technologies in 1993, where he became Chief Technology Officer. Brad currently serves on the boards of a number of private companies, including Atreus, Comergent, ePartners, FeedBurner, Gold Systems, Judy's Book, Klocwork, NewsGator, Quova, Rally Software, and StillSecure. In addition, he is on the board of The National Center for Women & Information Technology, The Community Foundation Serving Boulder County, and The Colorado Conservation Trust. Brad has previously been a member of the board of directors of the Young Entrepreneurs Organization and founded the Boston and Colorado chapters. He holds Bachelor of Science and Master of Science degrees in Management Science from the Massachusetts Institute of Technology.



Recent Article:

Do Your Investors Use Your Product?
- For more on Brad Feld visit www.feld.com

Brad Spirrison has a nice article in the Chicago Sun-Times titled Feedburner’s investors have its technology at their fingertips. Among other things, he highlights that three of the FeedBurner investors – me, Fred Wilson at Union Square Ventures, and Matt McCall at Portage Ventures are active bloggers that use FeedBurner’s services regularly.

While the notion of your investors using your product is a tricky one for some companies (say an ERP software company or an optical switch company) , it should be a no brainer for a consumer or Internet company. I just did a quick check and I’m an active user of all but two of the companies I sit on boards of. I’m also a user of many of the other Mobius companies products – even when I potentially have other choices – so that I can provide deep and regular product feedback. While my role isn’t “product manager” or “beta tester”, I can provide much more comprehensive feedback, better understand the product cycle, really have a perspective on competitive products (since presumably I can use them also), and provide insight into other things that I’m seeing that directly relate to the company’s products. Plus – it’s a lot of fun for my inner nerd.

If you have a product that normal humans can use, ask your investor (or potential investor) if they’ve used your product, how they use it, and how frequently they use it the next time you talk to them. At the minimum, the answer will help you frame their level of understanding of what you are creating.

Read this article in Brad's blog.





Do Your Investors Use Your Product - To learn more about this author, visit Brad Feld's Website.

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Bernard Reber
Back in late 1992, MS Access hit the streets. About that time the company I managed needed new software to handle their growing client base and I decided to try this new product. I had little difficulty writing and adapting a database to suit us and discovered a hidden talent for programming. A business was born. With business studies and 25 years of management experience in three different countries under my belt, I could offer a unique combination of skills and my customers agreed. From these humble beginnings my software 'invoiceit' emerged in 1999 and has since been taken to 49 states (hello Wyoming, won't you join us?), all across Canada and more than 70 other countries. From the very beginning the program included cashbook accounting, the simplest form of keeping financial business records. The Dictionary.com defines 'cashbook' as "A 'book' in which to record money received and paid out". For 'book' substitute 'simple software' and that's what I'm about. Now I have published Simple Accounting, an inexpensive spreadsheet solution which even you can master. For just $14.95 it costs less than a takeout meal! More at http://www.scrambled-card.com/simple_accounting_main.htm - Visit Bernard Reber's Website


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