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Mentors 6/18: The Best Mentor Relationships Eventually Become Two-Way

Feld Thoughts

Our premise when we started doing branded accelerators with large companies was that we’d get deep mentor involvement from execs at the company we are partnering with. Len and his partner Jerry Poch bought my first company in 1993. Following are two examples from my own life. This took our relationship to a new level.

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My First Experience As A Venture Capitalist

Feld Thoughts

When people ask me how they can become a VC, I point them to my partner Seth Levine’s excellent blog posts How to become a venture capitalist and How to get a job in venture capital (revisited). Feld Technologies was acquired in November 1993. I often get asked how I ended up becoming a venture capitalist.

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No More MBOs

Feld Thoughts

I’ve only worked in what could be considered a “big” company for 18 months (1993 – 1995) and that was the company (AmeriData) that bought my first company (Feld Technologies). At Feld Technologies, we had a very simple bonus program. Each quarter, we paid out 10% of pre-tax profits as a bonus.

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Whose Life are You Going to Change?

Both Sides of the Table

It’s how Cory Van Wolvelaere changed my life: In 1993, after working at Andersen Consulting for 2.5 The first goal was rooted in childhood – I grew up playing with technology and it has always been my passion. “Mark, I’m an Associate Partner. He was a senior partner, I was a peon.

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The Simple Formal Beginnings Of Feld Technologies

Feld Thoughts

My first business partner, Dave Jilk, emailed me our original partnership agreement for Feld Technologies. A short letter agreement specifying the equity splits and the boilerplate legal docs were the only legal docs we had until we sold the company in 1993. It’s one page. We incorporated a month later as an S-Corp.

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RIP Len Fassler

Feld Thoughts

We were introduced in the spring of 1993 by Jim Galvin, CEO of Allcom, which had just been acquired by Len’s company Sage Alerting Systems. Feld Technologies worked with Allcom whenever we needed a network installed for a client. As a paternal figure, he was a close second to my father. I loved him deeply.

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They Can’t Kill You And They Can’t Eat You

Feld Thoughts

In addition to my role as co-chairman of Interliant (Len was my co-chairman), I was also a partner at Mobius Venture Capital, sitting on over 25 boards, including five non-US companies. Since I’d first met Len in the spring of 1993, he was beloved by almost everyone around him. billion market cap) in the spring of 2000. But he did.

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