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Naming rights for CU loo go for $25K

Venture capitalist Brad Feld donates gets plaque in ATLAS building

Brittany Anas, Daily Camera

Published January 25, 2008 at 6:45 a.m.
Updated January 25, 2008 at 6:45 a.m.

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Venture capitalist Brad Feld donated $25,000 to the University of Colorado for naming rights and a plaque on the second-floor men's bathroom in the campus' ATLAS technology hub.

It's an offer the University of Colorado couldn't flush away: A Boulder venture capitalist paid $25,000 for the naming rights to a bathroom in the Boulder campus' ATLAS building.

And so it is that the second-floor men's bathroom in the high-tech hub now has Brad Feld's name on it and a plaque with some words of wisdom from the donor: "The best ideas often come at inconvenient times. Don't ever close your mind to them."

Feld -- managing director at Foundry Group and Mobius Venture Capital, both based in Boulder -- said he tried to make a similar offer a few years ago to his alma matter, the Massachusetts Institute of Technology. But the school, after considering whether a donor could have naming rights to a bathroom, rejected his offer.

"I just wanted a plaque outside of the men's room to inspire people as they walk in to do their business," Feld said.

So he mentioned his failed attempt to John Bennett, director of ATLAS, or Alliance for Technology, Learning and Society.

As CU's Boulder campus goes through a construction boom, opening up new and renovated buildings,it has increasingly used naming opportunities to help fund the projects.

"I named a price and told him the quote had to be tasteful," Bennett said.

Feld serves on the National Center for Women and Information Technology, which is housed in the 66,000-square-foot ATLAS building that opened in fall 2006.

He said there seems to be a good response to his gift.

"Sometimes my best ideas have come to me while I'm in the bathroom, sitting on the toilet or taking a shower," Feld said. "It's a good time to reflect. It's a quiet moment."

Nathan Ertz, a CU junior finance major who works in the ATLAS building, said he's happy the school accepted the donation.

"I thought it was pretty funny," Ertz said.

The ATLAS building, a $31.1 million project, has other naming opportunities. They include the black-box performance studio naming rights for $1 million; the tower for $500,000; benches for $25,000; and auditorium seats for $1,000.

"And we still have seven other bathrooms," Bennett said, noting that the women's restroom next to Feld's has yet to be named.

Comments

  • January 25, 2008

    9:58 a.m.

    Suggest removal

    Strange writes:

    One wonders if "going to the Feld" will become a term in common usage at CU...

  • January 25, 2008

    12:07 p.m.

    Suggest removal

    ItsJustme writes:

    That's. Just. Freaky.

  • January 25, 2008

    12:47 p.m.

    Suggest removal

    vrrrroooom_crashhhhhh writes:

    That is awesome. I'm glad we have trend-setters like this at CU. I may approach them to see if I can have one of my "donations" given a plaque.

  • January 25, 2008

    2:34 p.m.

    Suggest removal

    Flint87 writes:

    I hope CU doesn't piss away the money...

  • January 25, 2008

    7:24 p.m.

    Suggest removal

    jacka writes:

    Like Larry Craig, just up front about his domain and wide stance.