August 27th is a day that Jeff and I will never forget. We spent the evening with many of Austin's best entrepreneurs at the perfect communual venue - Lola Savannah. Together, we began mapping out the future of Hurt+Harbach, and the Austin entrepreneurial scene. We intended to keep the event small - at around 50 people - but hummingbirds can't be stopped and around 125 showed with just a few days notice. All throughout Lola Savannah, boards were displayed with provocative questions and answers were gathered via post-it notes. The awesome Stacy Weitzner, Creative Director of Sunni Brown, Ink, created a mural in real-time in the back to visually represent and memorialize it. It was a happening scene, and it was both humbling and energizing to be a part of it all. The beginning of something really great.
Spurred on by my recent Lucky7 post on how capital efficient Bazaarvoice was on its path to IPO, two friends sent me great posts this week on entrepreneurship and risk. And I guess it seems appropriate that I'm writing this post from Edinburgh, Scotland here at TED Global. Edinburgh is, after all, one of the birthplaces of capitalism. Adam Smith, author of The Wealth of Nations, and other prominent figures were born here. And speaking of capitalism, the former Prime Minister of Greece and the poster child for the European economic crisis, George Papandreou's, TED Global talk is already live. I found his talk sobering and, for all the controversy surrounding him, it felt rawly authentic to me.
The most widely shared Lucky7 post that I wrote last month was on the state of the tech entrepreneurship scene in Austin. But I realize now I was missing an important mention.
Back when Debra and I lived in San Francisco, there was a very famous place off the beaten path named Buck's of Woodside. It is a hook-up spot for investors and entrepreneurs. Many large businesses you know today credit Buck's to being one of the conduits to their founding or initial fundraising and Board of Directors formation. I won't give away the tales, but I encourage you to buy the founder's, Jamis MacNiven's, book, Breakfast at Buck's: Tales from the Pancake Guy. It is a fun romp through a slice of insider Silicon Valley history. Jamis is a regular TED attendee andhis blog is fun too. He's seen a lot over the years.