A Private Business Incubator in Birmingham, Alabama

First Avenue Ventures is passionate about Birmingham’s entrepreneurs.  We are building a  private business incubator dedicated to serving entrepreneurial companies.  We help with strategy, accountability, marketing, and financing and we can leverage our network and expertise to accelerate your company.

We work to become your trusted partner towards meeting and exceeding your organization’s expectations and accelerating your growth.

The principal of First Avenue Ventures is T Michael Goodrich, II.

Bears

This essay has one symbolic animal, two analogies, and a couple of disparate themes. That’s allowable in essays in 2020. While my fear of bears came into focus with Night of the Grizzlies by Jack Olsen, I can actually trace its origin to an earlier time. When I was...

Venture Capital and the Destruction of America: Why Marc Andreessen Is Wrong.

In his essay released on April 18, 2020, in the midst of the COVID-19 Crisis, Marc Andreessen -- famed venture capitalist and founder of Netscape -- implored businesses, business people, and society to build great new things – in healthcare, in education, in...

Two Bills to Root for in the Next Stimulus

Undoubtedly, COVID-19 has devastated the American economy. On July 29th, the Federal Reserve decided to hold interest rates steady in response to a lack of economic growth. While there has been some recent improvement, the Federal Reserve stated that current economic...

Current Perspective on the Birmingham Entrepreneurial Scene: Mid-2020

We provide this update every six months, and we've enjoyed doing so because it gives us a chance to reflect on the market that we love so dearly.  However, this perspective is different, and for obvious reasons. In some ways, it’s the most difficult...

Blind Spots

If you’ve ever taught a kid how to drive, you know it’s a harrowing experience. Unlike other teaching situations, the fact that the student can do both property damage and physical damage to both themself and their teacher introduces an additional element of terror....

We Need to Save Birmingham’s Entrepreneurial Scene

I am still not sure how COVID-19 will ultimately effect start-up funding, but I do believe that we can safely assume that there will be less of it in the coming years. How exactly will this play out? I don’t know. But the question I have now is whether institutional...

Why Now Is Not the Time for SAFES and Convertible Notes

Pre-COVID-19, I told someone that I did not like SAFEs and convertible notes. I wish I could find that person now; I would assume a little more credence. Regardless, for what it’s worth, I didn’t like convertible debt or SAFEs before COVID-19. Now, I really...

A Better Framework

Originally posted on Mike Goodrich's LinkedIn page First, I hope everyone is still safe and well. And by safe and well, I’m not just talking about the physical ills of COVID-19. I mean mental health as well.   I’m noticing in myself the challenges of...

Looking Ahead by Looking Back

Originally posted on Mike Goodrich's LinkedIn page Since we are still in a humanitarian crisis, pontificating on the financial crisis remains conjecture and speculation. Of course, however, as we work from home, readjusting our near-term schedules and work...

Brief Update on Current Situation

Originally posted on Mike Goodrich's LinkedIn page First and foremost, we hope you are personally safe and secure. We’re living in extraordinary times, and we pray that the humanitarian cost is much lower than the dire predictions for this outbreak. Second, this...