Posts from August 2017

Rainy Day

This summer up north in Minnesota they have had a lot more rain than usual.  It’s lead to a lot more mosquitoes than usual.  Mosquitoes are the state bird here.  We have been doing a lot of work this summer. …

YCharts on the Inc 5000

Excited to announce @ycharts has been named #1158 on the @inc5000‘s annual list of the fastest-growing private companies! #Inc5000 pic.twitter.com/tR2Suv0kcl — YCharts (@ycharts) August 15, 2017 YCharts has been named to the Inc 5000. It’s the best stock and ETF …

Chicago And Food

I go back and think about the first meeting we ever had of Hyde Park Angels, the angel group I spearheaded, in April of 2007.  It wasn’t a pitch meeting, but a “meet us” meeting at the Gleacher Center in …

Remote Work, Can You Do It?

I have followed the remote work movement ever since I spoke with Sam Rosen and Pat Griffin at a breakfast in January of 2012.  That conversation lead to investments in Deskpass and into Nextspace.  Nextspace didn’t make it but Deskpass …

Why You Need to Learn How to Follow in Order to Lead

In Major League Baseball when a rookie comes up, they have to carry bags and do other menial stuff.  It’s part of ritual hazing that goes on.  It’s also a part of learning to be a pro.  Having respect for …

The Google

If you are in tech no doubt you heard about the engineer who was fired at Google for writing a ten page document on employment practices and the corporate culture.  Many women felt it was especially sexist and demeaning. Here …

Shutting Down

The shut down of a company is final. It’s the end. There are similarities to every shut down of a company. Some investors get mad. They argue that it shouldn’t be shut down. The dream is still alive. If it’s …

What’s a Four Letter Word For Frustration?

IKEA. We have been rehabbing a cabin all summer up in northern MN. My wife (and my daughters) love IKEA. I hate the place. If I went to the Pearly Gates and St Peter asked, “Hell or put together IKEA …

Should You Always Wave the Pom Poms?

Yesterday at Fred Wilson’s blog, AVC, he talked about the backlash he was getting from a post on greed. In the crypto community, there is a lot of greed lately with the run up in value of several currencies.  There …

Should Valuation Be A Disqualifier For Investment?

One year I was at Stocktwits listening to Howard Lindzon talk about early stage investing.  Howard is a pretty darned good early stage investor.  He mentioned that some of his worst mistakes were passing on investments simply because of valuation. …

Can We Be Friends?

The other day I noticed Chicago Mayor Rahm Emanuel said Governor Bruce Rauner isn’t his friend anymore. Rauner had mentioned that even though they differ politically, he considered the mayor a friend.   I wasn’t surprised. My fear is that …

A Tale of Woe, Some Self Inflicted

Logistics.  It’s a big deal.  I have been dealing with logistics all summer.  It has become my summer of schlep. We are rehabbing a cabin in the woods in Northern Minnesota.  No one really delivers so I have to haul …

Entrepreneurial Blind Spots

Everyone has a blind spot. When I work with entrepreneurs, it’s sometimes easy to see what their blind spot is.  It’s harder to recognize it in yourself.  You have to work to uncover them.  It’s important to do that, because …

Do You Seed/Angel Invest For Wealth Accumulation? Or Not?

Have been reading Jason Calcanis book, Angel, lately.  I haven’t finished it. I plan on finishing it in the next couple of weeks and will write a review then.  Today, I caught the end of a Facebook Live gig, This Week …

Your Word Is Your Bond

The title is an old saying from the floors of Chicago exchanges.  When people didn’t follow through with what they said or honor a trade, they were drummed out of the exchange.  The CBOT even did a documentary with the …

This Law Is Going to Change

There was no way that I was ever going to law school.  It just wasn’t for me. In high school, I thought about it but knowing the lawyers I know I don’t think I would have enjoyed the occupation.  Some …

Don’t Make Your Board Competitive

One of the characteristics of successful people is that they are usually pretty competitive.  I am not any different.  You don’t go places in our society unless you have some internal drive that pushes you to get there.  Even the …