Posts in Entrepreneurship

Doing Efficient Market Research Online

The most obvious customers of data are trading firms and their traders. They pay thousands in fees a month for data. It’s a massive industry. Exchanges treat market data as a profit center. Bloomberg built an entire monolith business from …






What Pain Point Is Crowdfunding Solving?

Entrepreneurs solve problems. Solve a big enough problem and you can build a big business. If we look at crowd funding from different perspectives, we might be able to gauge how successful it will be or what market segments it …






Crowdfunding Summit

This morning, I am going to be on a panel for a crowdfunding discussion. It’s obviously a hot new topic. There have been some great successes with crowdfunding and some spectacular failures. I don’t care about them. Here is what …






Some Quick Thoughts on Unemployment

No, I don’t think the number was manipulated. Was it correct? I doubt it. When are government statistics correct the first time they are released? Crop reports are never right, and private estimates of crop size are generally closer. The …






Social Entrepreneurship, Clean Water for Everyone

Most of the time when the words social and entrepreneurship are linked together, the result is some feel good happy place company that is guaranteed to lose money. Many times when I have seen this, it’s in clean energy or …






A Challenge For The Chicago Entrepreneurial Ecosystem

Chicago Mayor Rahm Emanuel went to Champaign on a mission. He wanted to persuade hacks from the engineering school to come to Chicago. I am happy he went. Emanuel is doing what he can to support a scalable start up …






Do You Want a Celebrity Endorser?

There are some celebrities that are active in the angel investing start up space. Ashton Kutcher comes to mind. Any company he invests in gets a cadre of people interested in it. Companies spend a lot of time trying to …