Posts in Chicago

Get Rid of The Fed

I know what you are thinking.  I am a crackpot.  I have joined the Ron Paul cadre that wants to end the Fed and go back to gold.  I deliberately put up a click-bait headline because the way we regulate …

Hey, Want A Job Starting and Growing a Hedge Fund?

Recently, WLV closed on our second deal, CFX.  CFX is a two sided marketplace that trades illiquid assets. If there is anything that me, my partner Kenny and the majority of our LPs know is where to identify a trading …

I Learned Some Things At the G7/I7

Headed back today from Torino, Italy.  I am going to be jet lagged as heck.  We had a series of meetings at the G7.  This was the first year they brought people from outside of government to weigh in on …

Our Investment In CFX Markets

We met Jordan Fishfeld and Juan Hernandez last March to talk about their company, CFX Markets.   We had a great first meeting and we were interested.  I had known Juan from prior years.  A few years ago, Juan and …

Are Ideas Linear in Finance?

Listening to Ben Horowitz speak at the Chicago Venture Summit, he made a point which he’s made before.  Venture capitalists invest in really bad ideas.  But, if those ideas work it would be pretty cool.  He used AirBnb as an …

mHub Pitch Competition

On October 7, I will be at mHub judging a pitch competition.  The details are below.  Hope you can make it.  Here is a link for tickets. Build312 and BASIC (Blue Angel Startups & Innovation Club)are honored to bring the 10th China Shenzhen …

9/11

I have a daughter flying today. She says flying on 9/11 should be a safe day to fly. My parents decided to ride out the storm in Florida not listening to the advice of their children. It’s 16 years since …

Truss Takes it To The Next Level

One of the last independent angel investments I made was into a company called Truss.  They were solving a very difficult problem in commercial real estate.  If you have tried to find space of 10,000 square feet or less, it’s …

A Sensible Discussion on Race

I have avoided posting on my blog about what’s happened in America over the past week.  Safe to say, I am not on the side of any white supremacists.  I am also not on the side of anyone that wants …

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 …

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 …

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 …

Schlep.it A Pretty Cool App

I have a lot of spinning plates in my life right now.  I am rehabbing a place 10 hours away.  I bought a small place in Lincoln Park and I am moving.  All at the same time.  Over the past …

Career Risk

My friend Sean penned this piece for Medium.  Definitely click over and read it. If you are interested in becoming a trader, you might want to read it.  Back in 1986, when I decided to quit my job at 3M …

A Summit

Yesterday I went to a summit on early stage tech in the state of Illinois.  The first answer is that the tech ecosystem in Illinois is in pretty good shape.  The fervor around entrepreneurship is high. The consensus is some …

Downsizing

My wife and I have had an interesting trajectory in our lives. When we got married, we had a townhouse in the far northwest suburbs of Chicago. My wife bought it with an inheritance from one of her aunts. Our …

Does Cheap Office Space Matter?

Our mayor in Chicago is starting a program to offer cheap office space to startups in order to entice them to locate here.   The co-work spaces participating are great spaces. If you are a startup, you’d like working there. …

Need Some Office Space?

One of the companies I invested in when I was doing angel investing was Build Truss.  They have an awesome team.  They are tackling a thorny problem.  CRE agents have no interest in leasing out spaces less than 20k square …