Archive for the ‘Education’ Category

Zayo Group is Hiring

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My friend, Dan Caruso, CEO of Zayo is hiring.  And unlike many companies, he is looking for recent college grads.  Dan is a great guy and the folks that I’ve meet at his company are as well.  In his words:

“Amazingly, in this economy it is hard to fill key positions.  Zayo occasionally looks to fill senior positions.  Usually though, we are looking to complement our veteran team with recent grads who have engineering, IT, construction project management, and finance backgrounds.  We are looking for ambitious, hard working and entrepreneurial people, especially women and minorities as well as Iraq/Afghanistan veterans.  We are an ideal home for those who want to accelerate their career development and hone their entrepreneurial skills.

We are looking for the following positions:

  1. Senior Product Management
  2. CFO for internal business units
  3. Recent grads in engineering (learn how the Internet really works)
  4. Recent grads in IT (learn Salesforce.com and GIS)
  5. Recent grads with an interest in operational finance
  6. Construction/project management who understand telecom projects (or recent grads)
  7. Recent grads with an interest in technical sales”

If you are interested, send your resume to Kellie Lemmel at Kellie.Lemmel at Zayo dot com.

January 29th, 2012     Categories: Company Running, Education, Technology    

A Recipe for Disaster – Killing Law Schools in Favor of an Undergraduate Education

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The Wall Street Journal published an article today called “First Thing We Do, Let’s Kill All the Law Schools.”  The basic premise is that the costs are outweighing the benefits.  The authors claim that the total cost of going to law school is around $275,000 which leads to higher legal fees to citizens as it constrains supply of lawyers and those who do graduate must charge high hourly rates to repay their student loans.  The solution according to the article?  Kill all the law schools and make it an undergraduate level program. While I agree that the costs of law school have gotten out of hand in comparison to the real opportunities post graduation for many students, this article is wrong on a number of its conclusions.

First, to suggest that there is a supply constrain on lawyers is laughable.  Whether I’m wearing my client hat where I hire lawyers, or my professor hat (I am an adjunct professor at the University of Colorado), there aren’t nearly enough jobs to place all the lawyers this country is graduating.  In fact, the amount of applications to law schools has been INCREASING over the past few years and this is despite the costs going up and the number of jobs going down.  I’m shocked that the authors, one of whom is a professor and another an attorney at a large law firm don’t see these trends.  Perhaps given the rankings of their institutions these realities don’t effect them, but to the rest of us, it’s quite apparent that the system doesn’t suffer from a lack of supply.

Secondly, the idea that one can train good lawyers out of an undergraduate program is misguided.  Clients pay lawyers for judgment, first and foremost.  It isn’t about wrote laws and rules, but rather, whom do you trust to be mature and wise enough to help you with your issues.  I’ve always thought that law schools do a disservice by allowing students to go straight from undergraduate school to law, when they should be copying the business school model of pressuring prospective students to have real-life work experience before attending a graduate program.  As both a client, a professor and former attorney, I believe that on average, those who have some real life experience are better suited to attend law school and become lawyers.  In any event, I can’t imagine wanting to pay for a 21 year old recently-graduated lawyer.  What experience in life do they really have?  Even if a student goes straight though, at least they are 25 years which is a different world than post undergraduate.

The authors talk about paid apprenticeships, but this still doesn’t get around the problem that lawyers would then have no work experience outside of the law.  Simply put, I don’t believe the average graduate has enough maturity to be a lawyer.

The authors also put for thehe concept that we would still have JD programs alongside undergraduate programs.  This makes no sense to me.  At best, we create a two class legal system between the “haves and have nots” and at the end, I don’t see market economics (price) differentiating, rather some folks will get good legal services and others will not.  Passing the bar exam doesn’t mean one is ready to be a lawyer.

Finally, the $275,000 is based on the assumption that actual school costs $150,000 and that with opportunity costs for “bright students with attractive career opportunities” the number, fully loaded is $275,000.  I would have stopped at the $150,000.  yes, that number alone is too high, but the rest is a complete fudge factor guess.  As previously mentioned, many students (maybe most) don’t have a better option than going to law school and thus the opportunity costs are a made up number.

I do applaud their ideas that a legal education should be more well rounded.  At CU, we are actively engaged at trying to bring more diverse subject matter into the classroom.  This is a key for going forward legal education.

In short, I agree with the problem, but the solution doesn’t work here.

January 17th, 2012     Categories: Education, Law, Law Firm 2.0    

CU New Venture Challenge is Back!

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If you’d like to see what the student start-up scene is like in Boulder, check out the Third Annual CU New Venture Challenge Championships on the evening of Thursday, March 10th in the Wolf Law Building on campus. Supported by Silicon Flatirons and several other academic partners, this campus-wide business plan competition encourages students from different disciplines to come together and form a team that includes many different areas of expertise, from law to engineering. Teams are mentored by local business leaders in a similar system to the TechStars model, encouraging a stronger connection between the campus and the community.

Final business plan presentations begin in the Courtroom at 5:30pm with a job fair beforehand at 4pm in the law school café featuring local start-ups such as Next Big Sound, Power Tagging, and more. In addition to the winning teams, the event will feature recognition of several successful CU graduates who have gone on to start their own companies like Sarah Schupp of University Parent and Nathan Seidle of SparkFun. Refreshments and light snacks will be served.

Last year’s winner was strEATchefs, the popular gourmet food trailer inspired by Top Chef winner Hosea Rosenberg, and many past participants who may not have won any official prizes or even decided not to formally compete ended up becoming very actively involved with entrepreneurship in Boulder, such as Everlater going on to participate in TechStars.

This will be a great showcase event highlighting how entrepreneurship at the university is connected with Boulder’s exciting start-up scene. Register here: http://cunvcfinals.eventbrite.com/

February 25th, 2011     Categories: Education, Entrepreneurship, Venture Capital    

Looking for an Entrepreneur to Pitch My CU Class

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I’m looking for a local entrepreneur to pitch their business in front of my VC 360 class that I teach.  The class is held at the University of Colorado Law School and is comprised of both law and business school graduate students.

The class is October 25th from 8am to 9:15am.  The format would be sitting with me and pitching me as you would if you came to my office, but the students get to watch.  We also let the last 20 minutes go to student questions.

It’s a great opportunity to pitch Foundry Group and do something good for the community.  If you are interested, let me know.  I’ll pick the company that closest fits one of the Foundry Group investment themes. 

September 24th, 2010     Categories: Education, Financings, Venture Capital    

A Balanced Summary of the Berkeley Patent Project

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Recently, I wrote a strong rebuke of one author’s interpretation of the recently released High Technology Entrepreneurs and the Patent System: Results of the 2008 Berkeley Patent Survey that came out the day after Bilski was decided.

I was particularly upset in that I believe the author was intentionally distorting the facts of the survey for his own benefit.  Given how important patent policy is to this country’s innovation economy, I was amazed how a professor at a major University could be so cavalier with the facts of his own survey.  It was also disappointing that the first and best analytical study of its kind was being degraded by false interpretations.  If you feel like seeing the back and forth, feel free to check out his article and our collective comments). 

While I was away recently, Pamela Samuelson, (who was also one of the authors of the survey) gave her interpretation of the survey.  Her article is entitled Why Software Startups Decide to Patent …. Or NotI realize that I’m  a bit biased from view of software patents in general, but Pam’s analysis is much more neutral and balanced and therefore much more instructive in its teachings.  I will also point out that many of my comments of the prior article are supported by Pam’s analysis.

My partner Brad wrote an excellent summary of Pam’s analysis and is a must read for anyone who is interested in the subject.

Well done, Pam.  I really look forward to your future work based off the survey. 

July 31st, 2010     Categories: Education, Patents / IP, Policy    

Entrepreneurs Unplugged with Howard Diamond

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On Monday, April 19th, I have the pleasure of interviewing Howard Diamond as part of the Silicon Flatirons Entrepreneurs Unplugged Series.

Howard is certainly one of the most interesting and engaging people that I know and I looking forward to hearing his thoughts on a wide variety of topics. 

Location is ATLAS Room 100 and the event is from 6:15pm to 7:30pm.  Hope to see you there.

April 13th, 2010     Categories: Education, Entrepreneurship    

Come to the Colorado New Venture Challenge Finals

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The CU New Venture Challenge finals are this Friday, 3/12 beginning at 2pm in ATLAS 100 on the CU-Boulder Campus and are open to the public. Don’t miss the watching the top four teams pitch their business plans to a panel of judges including venture capitalists, angel investors and serial entrepreneurs.
Prizes include:

  • 1st – $6,000
  • 2nd – $3,000
  • 3rd – $2,000
  • Judges Choice – $250

Now in its second year, the CU New Venture Challenge is a campus-wide initiative connecting students and faculty with teammates in a broad range of disciplines and with mentors from the business community. The goal is to provide knowledge and experience making entrepreneurship accessible to anyone with the enthusiasm and creativity required to start a new business.

Highlights of the 2010 CU New Venture Challenge include:

  • $15,000 in cash prizes
  • More than 20 teams in fields ranging from information technology and Internet to music and outdoor recreation
  • Dozens of mentors sharing their entrepreneurial experience with competition entrants
  • Seven workshops and “crash courses” on topics such as intellectual property, economic sustainability, and how to build a company from concept to completion
  • Networking events connecting CU students with employers and building a sense of community among Colorado entrepreneurs
  • 145 Facebook members and 463 followers on Twitter
  • At least one CU student, employee or faculty member per team
March 8th, 2010     Categories: Education, Entrepreneurship, Venture Capital    

Have You Used Our Term Sheet Series?

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Brad and I are thinking about updating our Venture Capital Term Sheet Series. We’ve heard over the years from folks that they’ve used our series to teach classes.  We are delighted by this and whenever we’ve been asked, we’ve always said (and will continue to always say) “with our blessing.”  However, we haven’t kept track of any of this over the year and have a few ideas for things we can do to update the material now that five years have passed.

So – I’m writing with a simple request.  If you’ve used, or encountered, our Term Sheet series in a college (undergraduate or graduate) course or any other teaching / seminar environment, can you leave a comment below with the information (school / program / year / professor) or email me the information?

For those of you concerned about nefarious plots on our part, I assure you that we are delighted this material is out there in the public and are happy to have it freely used and passed around for all eternity.  I promise we won’t send Jack Bauer your way.

February 14th, 2010     Categories: Education, Financings, Law    

Diary of a 3L Trying to Find a Job

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One of my former students, Daniel Fredrickson has started a blog chronicling his quest to secure employment in what seems to be the toughest legal hiring environment ever.

He’s a smart guy and I’m really excited to see what he writes about his travails.  He promises that he’ll mix in some fun along the way, too.

Welcome to the blogosphere, Daniel, and if there are any hiring partners out there looking for a potential first year startup lawyer, let Daniel know!

January 22nd, 2010     Categories: Education, Law    

Hot Topics In Private Company Law

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I must be on the rubber chicken circuit again, as I have yet another talk coming up – this one to (gasp!) lawyers.  If you are in the Denver area and want to attend, here are the details.  I might even opine on Law Firm 2.0 if asked.

COLORADO BAR ASSOCIATION – SECURITIES SUBSECTION LUNCHEON

WHERE:  The Warwick Hotel, 1776 Grant Street, Denver, Colorado 80203

WHEN:  Thursday, January 21, 2010, Noon to 1:15 p.m.

TOPIC: “Hot topics in private company securities law:  a view from a recovering lawyer and current venture capitalist”

SPEAKER:    Jason Mendelson, Co-Founder and Managing Director, Foundry Group

RESERVATIONS: Cost:  $28.00 Luncheon Attendee, $20.00 Conference Call Attendee

Registration Deadline:  Noon on Wednesday, January 20, 2010.

No refunds will be available for cancellations after that date or for no-shows.

Reservations can be made by calling the Colorado Bar Association, 303-860-1115 x 727, or by e-mailing mailto: lunches@cobar.org .  Please specify if you would like a vegetarian lunch. If leaving a message, please spell your name, specify that you are attending the Securities Subsection Luncheon, and include your phone number.  Checks should be made payable to: Colorado Bar Association.

When registering for the call-in program please indicate that you would like to participate by phone.  The day before the program we will email registered call-in participants the materials & CLE affidavit as well as the call in number. 

Submitted for one general CLE credit.

January 8th, 2010     Categories: Education, Law