What is it like to study and manage entrepreneurial risk + failure for a living? 

Today's guest is Mr. Brad Feld. 

Brad's a venture capitalist, and he has a really unique perspective on failure. As a venture capitalist, he thinks a lot about failure and how companies fail.

Quick primer: Venture Capitalists invest in startup companies with lots of risk involved, especially during a season like this. A VC has to acknowledge risk, assess companies, support their entrepreneurs well, but ensure that really only a small percentage of their companies fail. 

This whole: “Yay! Failure is cool”, vibe that I tend to highlight on The Botchcast is not quite accurate for guys like Brad. He has a particularly nuanced way to talk about that and I want you to listen for that in the conversation. For more of a formal bio, Brad's venture firms called Foundry Group based in Boulder. It did the most investment deals in the state of Colorado over the last five years, according to CB insights. Brad's an advisor, speaker and he's written several books, including a quite popular book called: Venture Deals. It's a great, plain English guide for how to raise money into startup companies. It's really great. Brad's also co-founder of Techstars, one of the top accelerators in the whole world, also based in Boulder.