Debra

2024 New Year's Eve Letter

Dear family and friends,

I’m writing this letter from Cochin, Kerala in India, where I’m about to depart on the long journey back to Austin.  Cochin, or more commonly called Kochi today, is an appropriate place for me to close out the year as a Jew.  It’s home to the oldest synagogue in India, founded in 1568, and is a symbol for the deep ties between the Jewish community and Indian community for thousands of years.  India is now the largest country in the world with 1.46 billion people, surpassing China in 2023 as the most populous country on Earth.  And Indian Americans form the most financially successful minority group in the US, with many giants such as Satya Nadella (CEO of Microsoft) at the helm of some of the most important companies in tech that will set the pace for humanity’s ultimate invention of AI.  

What drew us to India?  Our first Indian wedding - in Mumbai.  It was a three-day event and did not disappoint!  There were over 1,000 people in attendance to see Sanjana and Ishaan wed and the preparations were absolutely extensive and beautiful.  Rachel and I will never forget it (Debra and Levi stayed home for an easier, no travel stress, end to 2024.)

Wow, what a year 2024 has been!  From the re-election of Trump to the breathtaking pace of AI to the historic military achievements of Israel over terrorists throughout the Middle East.  It’s been dizzying, to say the least.  To be clear, we didn’t campaign for Trump and thought Harris would be a competent choice but I get it at the same time.  From our economic and border challenges to Biden’s cognitive decline and the last-minute candidate switch, the people have now spoken.  Republicans will control the Senate, Congress, the White House, and even the Supreme Court (which hopefully will do their best to not politicize that last bastion of independence).  Debra and I remain committed to our independent political views, finding policies to like in both parties and looking for common ground.  And we’ve doubled-down on No Labels going into 2025, which will continue to work for that path with the Problem Solvers Caucus and more.  No Labels’ CEO, Nancy Jacobson, is a true force of nature and has become a friend over the years.

On the family front, our big highlight of the year was our summer trip to Japan. 

The importance of an Always Be Learning life

Happy New Year's, everyone!  I wish you much prosperity and love in 2018.

As you may have seen me tweet earlier this week, my New Year's Resolution is to write more.  I truly love writing - to write is to serve, to write is to learn, to write is to meditate.  I'm going to take a different tact this year, though - I'm going to write more frequently and hopefully much shorter.  I like writing longer posts but I'm spending over 70 hours per week on data.world and then some time on our startup investments - and of course I very much care about spending time with my wife and children.  So, in short there just isn't much room for more.  As a matter of fact, in 2017 I resigned from two non-profit Boards (Conscious Capitalism and Entrepreneurs Foundation) that I really love just to create more time for data.world.  Both were painful decisions for me but a startup really needs that type of focus, and I'm truly having a blast working alongside an incredible team at data.world on a very important mission.

I've already got a running list of seven more topics (and growing quickly) that I plan to write about as soon as I can but for now - for my first post in a long time - I want to talk about the importance of having an Always Be Learning mindset and practice. 

What I learned from my top three Lucky7 posts in 2013 … and my biggest busts

December 5th marked my first year of blogging personally (I had previously been a corporate blogger for 7 years at Bazaarvoice). I began blogging primarily as a service to entrepreneurs - a form of giving back to the community that I believe is the greatest force for change. I named my blog Lucky7 as a tribute to my amazing mother, who passed away last year. My first Lucky7 post on December 5, 2012 was a revisit of my manifesto to Bootstrap Austin on March 15, 2005. Looking back, it was clear I deeply cared about the development of our entrepreneurial community in Austin. That caring - and passion - drove a year of many highs in 2013. I've been actively investing in startups since December of last year with my wife, Debra, and I formally chose this as a career a few months ago, forming Hurt Family Investments. We've made 14 startup investments so far, 9 of them Software-as-a-Service (SaaS) companies. I've also joined the Advisory Board of 6 additional companies, all of them SaaS. Out of the 20 startups we are involved in, 16 are headquartered in Austin.

Listening to your soul

Last week was one of the toughest I’ve had. But the struggle was worth it. In Viktor Frankl’s book, Man’s Search for Meaning, he outlines how one’s search for meaning – when conducted authentically – is very hard.

I’m writing to tell you that I’ve decided not to continue to pursue Hurt+Harbach. Please let me be very clear up front on several things:

My return to The Wharton School as an Entrepreneur-in-Residence

My return to The Wharton School as an Entrepreneur-in-Residence

I had the pleasure of visiting The Wharton School recently as a returning Entrepreneur-in-Residence. I found myself more encouraged than ever about the student body and their desire to be entrepreneurs. When I earned my MBA at Wharton, from 1997-1999, I was a bit of an outlier as an entrepreneur in a class of almost all aspiring consultants and bankers. In my class, there were a few entrepreneurs, such as John Lusk and Kyle Harrison, the co-founders of MouseDriver (I recommend reading their book on the experience), and Gregg Spiridellis, the co-founder and CEO of JibJab. John is at it again with Rivet & Sway and Gregg is still running JibJab, an unusually long tenure for any Wharton graduate in my class. Gregg is my most humorous friend and his talent has shown in so many ways at JibJab. But, at Wharton, I was even more strange than John, Kyle, and Gregg. And that is because I was founding and running businesses while I was still in school.