Posts by Jeff Carter

How Do We Rise Above The Violence?

Yesterday while the voters who were upset with the Trump election marched I was at the Memorial Service for Professor Paul Magelli.  It was live streamed to places as far away as China.  When the video gets produced I will …






Future of Fin Tech

I am always interested in what others see as the future of fin tech. Here is a short video on what some think. It’s tough to figure out the future. In this video, they talk about things that are unregulated. …






What Trump Inherits

Donald Trump enters the office with the highest debt to GDP ratio of any president since Truman in 1948 (post WWII). (via SRP) pic.twitter.com/Pw3W6v9RYy — Holger Zschaepitz (@Schuldensuehner) January 20, 2017 Today America will do something that’s always been pretty …






Venture Capital Is The Red Headed Stepchild, But It Shouldn’t Be

When you look at asset classes, venture capital is the one that people don’t plunge into with both feet. Money managers can allocate to five classes of alternative assets; Real Estate, Hedge Funds, Leveraged Buyout/Debt, Private Equity, and Venture Funds. …






A Short Thought About the Chicago Startup Community

Last night I was invited to speak at WeWork on Kinzie in Chicago for Startup Grind.  It was a lot of fun.  The presentation was from 7-8, I got there at 6.  I was there speaking with entrepreneurs until 10:30. …






The Valuation Game

One of the things I learned early when I started investing was that valuation in the Midwest was typically a lot lower than it was on the coasts.  The reason for that was basically supply and demand related.  On the …






How Do You Get A Job in Venture Capital?

This question comes up every time I speak at a college.  There is a romanticized version of venture capital out there that VCs are super wealthy and all you have to do is pick winners.  Everyone thinks it’s pretty simple. …






The Amount of Venture Debt is Increasing

My whole life, I have watched macroeconomics.  It is the “dismal” science.  But, as a futures trader, you could make some money by paying attention to macroeconomics and trying to piece together what you thought would happen.  A lot of …






Do Teams Have to Agree On Everything?

One thing that a lot of people don’t realize is that C level teams, or partnerships don’t agree on everything.  There is a misconception that everyone is in lockstep.  Great organizations are not always in lockstep.  It’s actually better to …






When Stuff is Fake

There is a lot of discussion of fake news these days.  Welcome to the world of entrepreneurship.  A lot of people follow the “fake it till you make it code”.  I think it invites trouble.  There is a big difference …






A New World In Commercial Real Estate

When we were raising our fund, I still made a couple of angel investments.  One of them launched their platform yesterday.  Build Truss is going to disrupt the commercial real estate market. The low end of the commercial real estate …






Prognosticators Breakfast

Yesterday I had the pleasure to be invited to the Prognosticators Breakfast at my club. I am a member of the University Club in Chicago. It’s a great club downtown at Michigan and Monroe across the street from Millennium Park. …






Is It A Tool or a Platform?

One of the toughest things about analyzing companies is figuring out if they are tools or platforms. In B2B Fin Tech, one of the things we are seeing is the unbundling of big entrenched vertical silos. Bloomberg, FIS, Fiserv, Envestnet, …






Where Can You Find Me?

For the next few weeks, I am going to be hanging out a lot at Nextspace River North in Chicago. We recently lost our space manager there and need to hire a new one. My wife and I worked there …






What About Blockchain and Custody?

A lot of people are wondering what the killer app will be for blockchain. I see a lot of potential in various areas. One of them is custody. What do I mean by that? In finance, equity is transferred between …






Is Any Business Insulated From Tech Innovation?

CES is going on in Vegas and all the toys are coming out to play.  It used to be a show for hard core techies.  Now it’s more of a whiz bang wow show for everyone.  I have never been …






A New Blog For the Under Represented in Tech

Learned about a new blog, Citizen N Four,  that is going to talk about the problem of under represented people in tech.  It’s a problem that has been floating through the tech community in different ways.  Here is a link …