Posts from July 2016

The Micro VC Game

This post by Chris Douvos makes a lot of sense.  I have never met Chris but someday I hope I will.  Fund of Funds investors are starting to open up.  I am glad they are.  If you don’t know what …

Potentially Losing My Sanity

If you looked at the title of this post, you might think it’s political.  It’s not.  Yesterday, my wife and I bought a cabin in the Northwoods of Minnesota.  We bought it from my uncles who bought it from my …

Creating Community

Last night, I was at a charity dinner. My wife is on the board of Angelic Organics. We have been interested in the farm to table movement for a long time. We support it in different ways. We buy a …

9 Years of Angel

In April of 2007, we started Hyde Park Angels. It actually came together sooner than that, but it took a while for the legal. We made our first investment in a company called Shuffletech. It was run by one of …

Getting Away From it All

My friend Arnold Waldstein asked a question on Facebook.  Where in Europe do you go to get away from it all?  I don’t know much about Europe, but I know where to go in the US.  Grand Marais, MN.  It’s …

Bug Dope

I am still up in the Northwoods of Minnesota.  We drive back tomorrow.  I am probably coming up here again in August for a week depending.  When you are in the woods, you must have bug dope.  It keeps the …

The Second City of Tech

Crain’s Chicago wrote an editorial about Chicago becoming the Second City for Tech.  In it, they recognized that Chicago’s tech scene has become something.  John Pletz at Crain’s has been all over it for a long time.  I am glad …

Hard Wired For Trouble

I am up in northern Minnesota and I am reading Brian Portnoy’s excellent book on investing. I will blog about it another time when I am finished.  I am on my iPad, and haven’t figured out how to cut and …

Business Cards

Who likes business cards?   Every time I go to a meet up or a function, I come home with pockets full of them.  Usually, I can find people on LinkedIN or someplace else.  I don’t have a good process …

The Ubiquitous Internet

My family and I headed up to Grand Marais, MN for a few days.  Someone rated it, “The Coolest Small Town in America”.  Of course, gonna be pretty darn hot in the northland today.  I posted some photos on Instagram, …

Looking Ahead In FinTech

Financial innovation is happening, but most consumers won’t see the bulk of it.  It’s happening behind the scene.  A lot of the smoke and fire around financial innovation is in Blockchain.  The lion’s share of money is going toward it. …

Financial Statements and Valuation

Are financial statements relevant anymore?  In this topsy turvy market that seems to defy gravity, I wonder.  I read this article in Marketwatch about how financial statements don’t seem to matter when it comes to stock valuation.  I am sorry, but …

It’s Never A Good Time

Yesterday, an entrepreneur who let me invest in his company had a baby.  Or, rather, his wife had a baby girl.  It’s always a special time bringing a baby into the world, yet there is never a perfect time to …

The Heavy Lifting

A lot of the Fin Tech industry revolves around the easy stuff.  The new app on your phone.  The saving pennies, nickels and dimes app.  The new investing app. This is all well and good, but it’s easier to build …

Scaling Your Portfolio

My friend Fred Wilson has a post up about active vs passive investing.  It really got me thinking because I am seeing trends in the angel investing/early stage world that I don’t agree with.  Crowdfunding has really allowed people to …

The Coup in Turkey

Wow, on the heels of another terror attack in France, a coup starts in Turkey.  By the way, there is no negotiating with the likes of ISIS.  The only way to win is kill them all.  Distasteful for a civilization …

Questions From Entrepreneurs

Yesterday I did a thing with the iVenture Accelerator at the University of Illinois. They were up at 1871. We heard some pitches, and then did some Q+A. One of the questions that came up was a very good one. …

The Futures Podcast

The other day, I did a podcast with Anthony Crudele. It was a lot of fun. Commiserating with someone that has similar experiences that you had is always fun. Here are various links to the podcast. Here is the direct …