Posted: September 12, 2012
Conveners vs. connectors
One has more power than the otherBy Brad Feld
I heard the word “connector” several times yesterday at the Colorado Innovation Network summit. I gave the final speech of the day after being in Chicago in the morning to give the keynote speech at the Excelerate Labs Demo Day which was an awesome group where I discovered one company I’m very interested in potentially investing in.
In both cities (Chicago and Denver) I gave a talk about Startup Communities using the Boulder Thesis as a framework. The Chicago talk was short and tight (about 15 minutes) to warm up the event. The Denver talk ended up going almost an hour and having a lot of Q&A. Both were simulating (at least to me – hopefully to the crowd) and the entrepreneurial energy in both rooms was significant.
While I missed most of the COIN summit because I was traveling back from Chicago, I caught a few of the last talks before mine. I also talked to a bunch of people and kept hearing the word “connector” come up – it must have been one of the words of the day. This was used to define a role for many of the constituents in the COIN summit which included entrepreneurs, government, university, and big company folks.
My good friend Phil Weiser, Dean of the CU Law School, introduced me to the word “convener” several years ago. CU Law, and specifically the Silicon Flatirons program that Phil created a decade ago, plays a huge convening role for the Boulder startup community. As a result, it sits in the center of a lot of activity. It’s not a connector – it’s a convener.
Government and universities, in my view around startup communities, are feeders, not leaders. Feeders are important, but they are different – and play a different role than leaders. For a startup community to be vibrant and sustainable the leaders have to be entrepreneurs. This is the first tenet of the Boulder Thesis.
A convener has much more leverage than a connector. A connector implies a lot of work and a lot of control. There’s also a hierarchical dynamic – connectors are choosing who to connect; as a result they become gatekeepers which is not the right role for a feeder. I believe most gatekeepers inhibit the growth and development of a startup community so any role that looks gatekeeper-ish is often an inhibitor to progress.
Conveners quickly developer a reputation for being inclusive and accessible. This is another tenet of the Boulder Thesis – everyone in the startup community must be inclusive to anyone who wants to engage.
I was going back and forth with a founder of a startup in Chicago this morning by email who is now eight years old (not really a startup anymore) and just rented a 60,000 foot office and is looking to help the startup community more now that it’s gotten to a meaningful size. I suggested that, among other things, they play a convener role.
Basically, all feeders to a startup community can play a convener role. It’s more powerful than simply being a connector.
Brad has been an early stage investor and entrepreneur for more than 20 years. Prior to co-founding the Boulder-based Foundry Group, he co-founded Mobius Venture Capital and Intensity Ventures, a company that helped launch and operate software companies. Brad is a nationally recognized speaker on the topics of venture capital investing and entrepreneurship and writes widely read and well respected blogs at www.feld.com and www.askthevc.com. He holds bachelor's and master's of science degrees from from MIT. Contact him at email@example.com