For over a decade, Lindel Eakman managed the private investment program for the University of Texas Investment Management Company (UTIMCO), one of the largest endowments in the world. After 13 years at UTIMCO, Lindel left and joined Foundry Group to lead investments in other early-stage VC funds through FG's new fund, Foundry Group Next . We talk about his work at UTIMCO, where he backed iconic firms like USV, Foundry Group, Spark Capital, and True Ventures, and his decision to move to Boulder to work with Foundry Group.